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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. What is the maximum number andkind of items that you can add when defining a custom category? (Choose the best answer.)

A) three items
B) three subcategories
C) five custom columns
D) three custom columns

2. The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

A) The published amounts stay with the manager when workers are reassigned or their eligibility changes.
B) The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.
C) The published budgets is always a percentage of the total budget pool.
D) The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.

3. Identify three event-driven configurations that can be changed for the delivered variable allocation approval tasks as per business requirements. (Choose three.)

A) Assignment and Routing Policies
B) Escalationand Expiration Policies
C) Notification Settings
D) Approval and Rejection Policies
E) Data Driven Routing

4. Which three dates are mandatory while creating plan cycles? (Choose three.)

A) HR Data Extraction Date
B) Evaluation Period Start Date
C) Default Due Date
D) Plan Access Start Date
E) Performance Rating Date
F) Worksheet Update Period Start Date

5. Your client wants you to create a single Compensation Change statement that includes compensation awarded formultiple plans. What would you, as an implementation consultant, advise your client? (Choose the best answer.)

A) Create a Compensation Statement Plan with cross-references to compensation awarded in each plan.
B) Create a custom data model that can pullcompensation awarded from different plans and display the data using a BI publisher layout.
C) This is possible only in the on-premises model using customization and is not possible in an Saas instance. Therefore, you would respond accordingly to the client.
D) Create a separate Change statement template for this purpose and associate it with the Statement group for which this is required.

Solutions: