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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)
A) Parallel approvals are supported by configuring the Application role option in the Resource list builder.
Only after all the approvers approve will the process end.
B) Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.
C) A parallel approval option is not available and any approval configured is always sequential.
D) Parallel approvals are not fully supported, but notifications can be sentto all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of thenotification.
2. You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)
A) It is not possible to achieve this, because only the delivered salary components can be used.
B) The Compensation Models
C) The Configure Compensation Component task in Manage plans
D) The Salary Component Lookup
3. As an implementation consultant, you have defined a total compensation statement. From a security perspective, you are required to identify a key user who will have access to view the total compensation statement.
Which role is mandatory to view the compensation statement? (Choose the best answer.)
A) Compensation Specialist
B) Compensation Executive
C) Compensation Manager
D) Compensation Analyst
4. A corporation has implemented Oracle Fusion Workforce Compensation. A custom element was createdto capture the entry value for four input values. Data load is performed by the Batch Loader, but the associated Daily Business Intelligence (DBI) is returning the entry value corresponding only to the first input value.
Identify the option that willenable the DBI to return all the input variables. (Choose the best answer.)
A) Create status processing rules for the input values.
B) This scenario cannot be implemented.
C) Delete the existing element link and create a new element link, which will automatically create all four input values.
D) Create a new element from scratch.
5. In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)
A) The first-level manager approved the manager's worksheet.
B) The manager submitted his or her worksheet for approval.
C) A budgetwas published to the manager.
D) The manager saved some changes to his or her worksheet.
E) The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: A |

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