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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which two tasks are true aboutcomponents in worksheet configurations? (Choose two.)

A) Plans must have at least one component if awarding compensation.
B) There is the flexibility to add any number of components within a compensation plan.
C) Each component has to be of a separate type, such as salary or bonus.
D) You can create up to five components to represent the different types of compensation that you want to award within a plan.

2. As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)

A) You can add items to statement definitions directly.
B) You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
C) To include items instatements you must add items to a compensation category.
D) You cannot add items to statement definitions directly, and you cannot add items to a compensation category.

3. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
B) Analyze plan results.
C) Override line manager allocations, job changes, andperformance ratings.
D) Run processes to initiate a compensation cycle.
E) Maintain currency rates and access to plans from the watchlist.
F) Override line manager allocations, job changes, and performance ratings.

4. A corporation has implemented Oracle Fusion Workforce Compensation for a manufacturing client. Which is the building block used in the calculation of deductions and exemptions? (Choose the best answer.)

A) Deduction overrides
B) Deduction range Values
C) Deduction ranges
D) Deduction range group

5. Which three statements are true about payroll deductions? (Choose three.)

A) The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.
B) A personal deduction card contains person-specific information that is used to calculate the deduction amount.
C) The deduction element's status processing rule drivesthe calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.
D) A payroll deduction comprises the rates and rules that are used to calculate the deductionamount.
E) Wage basis rules are defined at the personal level and the context value for the rule is captured on the deduction card.

Solutions: