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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. 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) Fully Approved
C) In Approvals
D) Work in Progress
E) Submitted

3. Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan areJanuary 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)

A) Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 ofthe year.
B) Configure Worksheet update period start and end dates from January 1 to December 31 of the year.
C) Configure Plan access start and end dates from January 1 to December31 of the year.
D) Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.

4. Your client has set up an individual compensation plan for a contribution towards a retirement benefit. This contribution must be approved by the three-level manager hierarchy. While setting up the approval hierarchy, the compensation administrator wanted to set up notifications for any errors occurring during the workflow.
Identify the three allowed options needed to set up notifications accordingly. (Choose three.)

A) Duty roles
B) Individual users
C) Groups
D) Application roles

5. A corporation is implementing Oracle Fusion Workforce Compensation and needs toset up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A) Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
B) Compensation history displays six categories of compensation.
C) Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
D) The summary in the compensation history shows the data for only five years.

Solutions: