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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the bestanswer.)

A) Annual Salary = 41600, Annualization Salary = 41600
B) Annual Salary = 52000, Annualization Salary = 41600
C) Annual Salary = 32280, Annualization Salary = 41600
D) Annual Salary = 32280, Annualization Salary = 52000

2. The compensation administrator wants to run Purge Workforce Compensation Data for one of the past compensation plans because the transaction data from that period is not required anymore. However, the compensation administrator does not get the option to include the said plan. What is the reason for this?
(Choose the best answer.)

A) Purge Workforce Compensation Data can be run only for compensation plans with Inactive status.
B) Purge Workforce Compensation Data can be run only after Back Out Workforce Compensation Data is run withthe "Full Back Out" option.
C) Purge Workforce Compensation Data cannot be run because the Transfer Workforce Compensation Data to HR process has already been run and compensation data transferred to HR.
D) Purge Workforce Compensation Data can be run only for compensation plans that are valid for the future.

3. As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)

A) Manage Stock Grants >> Import Items
B) Manage Stock Grants >> Import Source
C) Manage Stock Grants >> Prepare Import Spreadsheet
D) Manage Stock Grants >> Import Category

4. A corporation has implemented Oracle Fusion Workforce Compensation. A Salary basis has been created to manage employees' salaries. It has a payroll element attached. As part of the Salary changes, when the compensation manager is trying toupdate the Salary amounts, the same is not reflecting in the payroll elements entries of the employee.
Identify the two possible causes for the issue. (Choose two.)

A) No components are defined to handle these salary adjustments.
B) Automatic entry is checkedat the element eligibility link for the payroll element used.
C) Salary basis is configured to be non-updatable.
D) Automatic entry is checked for the payroll element used.

5. You are configuring approvals under the Worksheets task list for an annual workforce compensation plan.
Your customer wants the worksheets to be approved by different people other than the hierarchy determined for the plan.
How should you accomplish this? (Choose the best answer.)

A) Have the customer change the business process because you cannot have different approval hierarchies for the plan and the worksheet.
B) Create an alternate manager approval hierarchy and replace the plan hierarchy with the created alternate hierarchy.
C) Create an alternate position approval hierarchy that overrides the plan hierarchy.
D) Create an alternate manager approval hierarchy that overrides the plan hierarchy.

Solutions: