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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A) The rating will be available inthe Performance document in the performance system.
B) The rating will be available to only the plan where it is updated.
C) The rating will be available to all plans that are currently active.
D) The rating will be available to only the plans where the same manager is involved.

2. While configuring the Budget page, you are setting the properties of the Job column.
Which two sectionsare available in the properties for the Job column? (Choose two.)

A) Information
B) Default Value
C) General
D) Legal Employer

3. Your client wants you to create a single Compensation Change statement that includes compensation awarded formultiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

A) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B) Create a custom data model that can pullcompensation awarded from different plans and display the data using a BI publisher layout.
C) This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.
D) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

4. Which two tasks are performed by compensation managers while determining budgets?(Choose two.)

A) Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
B) Manually calculate budget amounts or automatically determine budget amounts by using a model.
C) With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budgetamounts.
D) Determine budget amounts offline by downloading budget details to a spreadsheet.

5. What happens when you define Workforce CompensationPlan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)

A) The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
B) The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, ithas to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
C) The sum of all components identified to be posted as salary is posted as a single salaryadjustment amount to the employee's salary record.
D) The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.

Solutions: