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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Identify the list builder that is used in the delivered variable allocation task that appears to all allocations.
(Choose the best answer.)

A) Position Hierarchy
B) Dynamic Approval Group
C) Auto Approval
D) Supervisory Hierarchy
E) Static Approval Group

2. An employee of a corporation is on a weekly payroll with an hourly rate of 20 USD. Identify the correct option for the frequency shown in the base rate of compensation history. (Choose the best answer.)

A) annually, because the history must always be shown with annual amounts
B) the frequency of theemployee's salary basis
C) weekly, because the employee is on a weekly payroll
D) hourly, because the employee has hourly pay

3. Identify the four correct options about the summary tables in the compensation history. (Choose four.)

A) The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.
B) The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.
C) The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.
D) The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.
E) The Salary summary table gives detailed information about salary history, percentagechange, compa-ratio, and growth rate.

4. Which three dates are mandatory while creating plan cycles? (Choose three.)

A) Plan Access Start Date
B) Default Due Date
C) Evaluation Period Start Date
D) Worksheet Update Period Start Date
E) HR Data Extraction Date
F) Performance Rating Date

5. A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hireas well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)

A) Configure the spot bonus as an individual compensation plan andadd "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
B) Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
C) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
D) Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.

Solutions: