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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer's compensation manager needs to know, what are the four valid statuses of the compensationworksheet? (Choose four.)

A) Started
B) Budget Available
C) Closed
D) Fully Approved
E) Partially approved
F) Submitted
G) Unprocessed
H) Processed

2. Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)

A) 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction card. 3. Tax reporting unit deduction card. 4. Payroll deduction range values (legislative data group level).
B) 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction card. 3. Payroll statutory unit deduction card. 4. Payroll deduction range values (legislative data group level).
C) 1. Payroll statutory unit deduction card. 2. Tax reporting unit deduction card. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
D) 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction card. 4. Tax reporting unit deduction card.

3. Which alert is advised to be disabled when you are using HCM co-existence between Oracle PeopleSoft HCM and Oracle Fusion Compensation? (Choose the best answer.)

A) Leave of Absence
B) Allocation exceeding target
C) Employee termination
D) Any custom alert

4. Which statement is correct about secondary element classifications? (Choose the best answer.)

A) They are user-defined and can be edited.
B) They are predefined and cannot be edited.
C) They are user-defined and cannot be edited.
D) They are predefined andcan be edited.

5. Your customer provides compensation such as salary, bonus earnings (paid twice a year), commissions, stock options, and company-paid taxes to its workers. The customer wants you to implement Compensation Statements with graphs. Which three values of the graph column will you exclude? (Choose three.)

A) Dates
B) Non Monetary Values
C) Text
D) morethan one nonmonetary unit of measure
E) Monetary Values

Solutions: