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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)
A) The category does not have a graph defined in it.
B) The category has been added as a subcategory.
C) The category does not have employee contribution.
D) The category does not have employer contribution.
2. 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) Text
B) Monetary Values
C) Dates
D) Non Monetary Values
E) morethan one nonmonetary unit of measure
3. 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) Work in Progress
B) Processed
C) Submitted
D) Fully Approved
E) In Approvals
4. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)
A) Process IneligibleWorkers is selected in the compensation plan.
B) Hide Ineligible Workers is selected in the compensation plan.
C) Track Ineligible Workers is selected in the compensation plan.
D) Show Ineligible Workers is selected in the compensation plan.
5. Your customer has employees located in four countries (Unites States, Japan,India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)
A) Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases.
B) Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.
C) Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employeelevel.
D) Create four salary bases and four grade rates, and attach the grade rates to the salary bases.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C,D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |







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