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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment categoryemployees who work on weekly payroll.
Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)

A) creating an element eligibility link and setting up costing information at the link level
B) creating status processing rules and setting up costing information at the status processing level
C) creatingan auto-indirect rule and setting up costing information at the auto-indirect level
D) creating an input value and setting up costing information at the input value level

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

A) 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).
B) 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).
C) 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).
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. While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers toachieve this? (Choose the best answer.)

A) Control the population by using eligibility profiles.
B) This cannot bedone once the population is finalized and the compensation cycle is started.
C) Use the Advanced Filter option in the worksheet to create a custom condition.
D) Use the sort feature in the worksheet to control this.

4. Your customer must use Grade Ladders to suitthe industry in which it operates. How should you define the Grade Ladders that the customer needs? (Choose the best answer.)

A) by using steps and rate values
B) by associating the Grade Ladders with legal entities
C) byusing Min, Max, and Mid Point rate values
D) by using LDG-specific Grade Min, Max, and Mid Point rate values

5. Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
* Working hours = 32 hours per week
* Base pay = 20 USD per hour
What will be the employee's Annual Salary and Annualized full-time salary? (Choose the bestanswer.)

A) Annual Salary = 32280, Annualization Salary = 52000
B) Annual Salary = 41600, Annualization Salary = 41600
C) Annual Salary = 52000, Annualization Salary = 41600
D) Annual Salary = 32280, Annualization Salary = 41600

Solutions: