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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A) The alternate approver must be a part of the regular plan hierarchy.
B) By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set orsequence of approvers.
C) The highest Approval sequence is the final approver.
D) You can create multiple approvers for the same manager.

2. Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)

A) Use a model to distribute budgets.
B) Publish budgets manually.
C) Publish budgets automatically by running the Build Model process.
D) Copy budget amounts from a previous cycle.

3. As an implementation consultant, you are defining entry values for an element in the Fusion application.
Which statement is true about selecting the rules for the element's entry value? (Choose the best answer.)

A) An element with the Automatic Entry option selected cannot allow multiple entries in the same period.
B) An element with the Automatic Entry option selected can allow multiple entries in the same period.
C) An element with the Automatic Entry option not selected cannot allow multiple entries in the same period.
D) An element with the Automatic Entry option selected can allow multiple entries in the same period, and an element with the Automatic Entry option not selected cannot allow multiple entries in the same period.

4. A corporation implemented Oracle Fusion WorkforceCompensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)

A) No new Grade rate can be created.
B) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
C) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic.
Therefore, a new Salary Basis must be created with a new Grade rate.
D) A new Grade rate can be created and the Salary basis can be modified to include it.

5. You have configured acompensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating whileallocating compensation. What happens in this case? (Choose the best answer.)

A) The rating will be available to all plans that are currently active.
B) The rating will be available inthe Performance document in the performance system.
C) The rating will be available to only the plan where it is updated.
D) The rating will be available to only the plans where the same manager is involved.

Solutions: