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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history.
Identify the three correct options regarding the salary component. (Choose three.)

A) The growth rate shown in the details shows both cumulative and average annual salary growth rates.
B) The base rate shown in the salary section is the most recent pay rate.
C) The base rate shown in the previous years is the pay rate on 31 December of each year.
D) The base rate shown in the salary section is the average of the pay rate for the entire year.

2. The Fusion Compensation module must be integrated with Fusion Performance Rating. In which three ways can the performance rating be made available? (Choose three.)

A) Integrate with Oracle Fusion Profile Management.
B) Use both Performance Management ratings and compensation ratings.
C) Integrate with Oracle Fusion Goal Management.
D) Use compensation performance ratings.
E) Integrate with Oracle Fusion Performance Management.

3. Your customer's compensation manager needs to know, what are the four valid statuses of the compensationworksheet? (Choose four.)

A) Processed
B) Partially approved
C) Started
D) Unprocessed
E) Budget Available
F) Submitted
G) Fully Approved
H) Closed

4. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A) Analyze plan results.
B) Override line manager allocations, job changes, andperformance ratings.
C) Maintain currency rates and access to plans from the watchlist.
D) Override line manager allocations, job changes, and performance ratings.
E) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
F) Run processes to initiate a compensation cycle.

5. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, whichthree options can be set up in the element eligibility work area? (Choose three.)

A) costing
B) retroactive components
C) general information
D) input values
E) auto indirect rules
F) status processing rules

Solutions: