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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)

A) The Compensation Models
B) The Configure Compensation Component task in Manage plans
C) It is not possible to achieve this, because only the delivered salary components can be used.
D) The Salary Component Lookup

2. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)

A) Track Ineligible Workers is selected in the compensation plan.
B) Show Ineligible Workers is selected in the compensation plan.
C) Hide Ineligible Workers is selected in the compensation plan.
D) Process IneligibleWorkers is selected in the compensation plan.

3. Which statement is trueregarding elements? (Choose the best answer.)

A) Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
B) Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
C) Elements have one primary classification, one secondary classification, and one subclassification.
D) Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
E) Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.

4. Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

A) Request excess budget allocation from the manager above him.
B) Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
C) Initiate budgets automatically by using the Start Compensation Cycle process.
D) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.

5. You arecreating grade rates. What values are necessary for any grade rate that you create? (Choose the best answer.)

A) Minimum, Maximum, or Value
B) Minimum, Maximum, and Value
C) Minimum, Maximum, Mid Point, and Value
D) Minimum, Maximum, Mid Point, or Value

Solutions: