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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation is implementing Oracle Fusion Workforce Compensation and needs toset up compensation history.
Identify the three correct options regarding the various compensations shown in the history. (Choose three.)

A) Compensation history displays six categories of compensation.
B) Compensation history automatically retrieves salary and stock-related information. The Recruiting payments and other categories have to be added manually.
C) Compensation history shows one-time payments in other compensation and allowances paid regularly in recruiting payments.
D) The summary in the compensation history shows the data for only five years.

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

3. You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

A) The task applies to selected allocations, usestwo levels of the Supervisory list builder, and requires a response from the current approver.
B) The task is only for notification and has no rules.
C) The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
D) The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.

4. A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.
Which two statements are correct regardingthe Calculation Factors? (Choose two.)

A) The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
B) The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
C) Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
D) Calculation Factors indicate which deduction range to use when calculating the deduction amount.

5. When compiling Fast Formula, you receive the error message "Database item PER_ASG_ATTRIBUTE3 must have a DEFAULT statement because it was specified that null or notfound is allowed." What is the cause of the error? (Choose the best answer.)

A) misuse of context
B) uninitialized variable
C) incorrect operator usage
D) syntax error

Solutions: