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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The compensation manager wants to run the batch process to start thecompensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)

A) It backs out started and processed events for participants.
B) It backs out unrestricted events for participants.
C) It removes unneeded transaction data from prior plan cycles.
D) It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.

2. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)

A) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
C) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected can allow multiple entries in the same period.

3. As an implementation consultant, you are required to define a total compensation statement. To construct the total compensation statement, you must follow a set ofactivities in sequence.
Select the correct sequence to construct a total compensation statement. (Choose the best answer.)

A) Create compensation items > attach the items to compensation categories > arrange categories hierarchically in the statement definition > specify the statement period and display options > generate the statement.
B) Create compensation items > attach the items to compensation categories > generate the statement > specify the statement period and display options > arrange categories hierarchically in the statement definition.
C) Create compensation items > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items tocompensation categories > generate the statement.
D) Create compensation items > generate a statement > specify the statement period and display options > arrange categories hierarchically in the statement definition > attach items to compensation categories.

4. During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A) Processed
B) Work in Progress
C) Submitted
D) Fully Approved
E) In Approvals

5. If you enable Performance Ratings and rate workers within WorkforceCompensation, which two statements are true? (Choose two.)

A) The ratings are transferred to the Performance Management system or toHR.
B) Managers can rate workers as they allocate compensation.
C) These ratings are used across compensation plan and cycles.
D) You can display compensation ratings given in the previous plan cycle as a column in the worksheet.

Solutions:

Question # 1 Answer: D

Question # 2 Answer: B

Question # 3 Answer: A

Question # 4 Answer: C

Question # 5 Answer: B,D