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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The compensation administrator hasconfigured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratingsby using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes thatthe increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How shouldyou accomplish this? (Choose the best answer.)

A) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
B) Correct the percentage increase for each of the ratings, run the RefreshWorkforce Compensation Data process, and return the same compensation plan.
C) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
D) Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
E) Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.

2. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharingbonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

A) The item cannot be deleted,because it is attached to a category.
B) The above scenario does not stand true as the item can be deleted.
C) Before deleting the item, you must configure a zerovalue behavior for the item.
D) More than one administrator might be using the item and, therefore, it cannot be deleted.

3. 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 one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.
B) Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employeelevel.
C) 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.
D) Create four salary bases and four grade rates, and attach the grade rates to the salary bases.

4. 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 Manager
C) Compensation Analyst
D) Compensation Executive

5. You have created a compensation plan and configured the plan details. However, when you try to run the
"Start Compensation Cycle" process, you are not able to see the plan you created in the list that appears.
Which three options could be possible reasons for this? (Choose three.)

A) Your user role does not have access to view the plan.
B) Accessto the compensation administrator role is restricted in Plan Access.
C) The compensation administrator or equivalent role is not attached to your plan.
D) Restrict Plan access is set to "Yes" and the compensation administrator role is added tothe list of roles in
"Plan access from Compensation work area."
E) Restrict Plan access is set to "NO"; however, the roles that are allowed are not specified.

Solutions: