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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A) Each employee's local currency
B) Preferred currency
C) The corporate currency
D) Only one currency can be displayed

2. You are responsible forconfiguring an individual compensation plan with multiple options. Which two statements are true about the plan options? (Choose two.)

A) You can associate each option with the same payroll element and input value.
B) You can associate each payroll element with one option but with multiple plans.
C) You can associate each option with only one payroll element and input value.
D) You can associate each payroll element with multiple plans and options.
E) You can associate each payroll element with only one plan and option.

3. Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)

A) Compensation CurrencySelection
B) Compensation amounts Selection
C) Compensation Item Selection
D) Compensation Person Selection
E) Compensation Organization Selection

4. While administering compensation for the workforce, a manger accidentally approves a lower manager's worksheet.
Which three statements will be truein this case? (Choose three.)

A) The lower-level manager can withdraw the submission and reprocess the compensation allocation.
B) The lower-level manager can still make changes in the worksheet and resubmit it for approval.
C) The lower-level manager's access level is changed to "Approved."
D) Lower-level managers can no longer make any updates totheir worksheets.
E) The worksheet goes to next level for approval.

5. Which two statements are true about Base Pay? (Choose two.)

A) For BasePay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker.
B) For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.
C) You enter a salary basis for each worker that becomes the worker's Base Pay earnings.
D) You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.
E) You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.

Solutions: