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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

A) Deduction range Values
B) Deduction ranges
C) Deduction overrides
D) Deduction range group

2. Which two are element classification types? (Choose two.)

A) Secondary
B) Global
C) International
D) US-only
E) Primary

3. Yourcustomer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
* Evaluation Period Start Date: 1-Jan-2014
* Evaluation Period End Date: 31-Dec-2014
* Worksheet Update Period Start Date: 1-Jan-2014
* WorksheetUpdate Period End Date: 31-Dec-2014
* HR Data Extraction: 31-Dec-2014
* Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)

A) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
B) The salary adjustment or lumpsum must be manually calculated and added for such workers.
C) Terminated workers should be excluded from being processed in Workforce Compensation plans.
D) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
E) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.

4. A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
* Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
* Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)

A) the Start Compensation Cycle process
B) the Refresh Data process
C) the StartCompensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
D) the Validate Plan Setup process

5. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)

A) Calculation Factors indicate which deduction range to use when calculating the deduction amount.
B) The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
C) Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
D) The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

Solutions: