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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation has set up an individual compensation plan for a contribution. This contribution needs an approval hierarchy to be set up.
Identify the four correct optionsregarding approval setup. (Choose four.)

A) The notifications sent to the approvers can be made actionable.
B) Approvals can be set up to be completed when one of the approvers takes an action such as Approve or Reject.
C) Task attachments cannot be sent using email notifications.
D) Expiry, Escalation, and renew settings are possible for notifications.
E) Reminders can be set for a fixed duration either before expiration or after assignment.

2. Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonusesare awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)

A) Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.
B) Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respectiveElements with the respective Categories.
C) Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the CompensationItem.
D) Create one Compensation Category as Bonus and specify thesource type as Element Entry. Associate the three elements with the Compensation Category.

3. A corporation has implemented Oracle Fusion Workforce Compensation. Oracle Fusion Supplemental Earning Elements must now be created to capture ad hocpayments for eligible workforce.
Which two statements are true about element eligibility criteria for such elements? (Choose two.)

A) You cannot define multiple eligibility criteria for each element in any case.
B) You candefine multiple eligibility criteria for each element, but there must not be any overlap between them.
C) You can define multiple eligibility criteria for each element, but there must be an overlap between them.
D) Some element eligibility criteria may not be available, depending onthe level at which the element is attached.

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

5. An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator accessto complete the process. (Choose the best answer.)

A) Compensation Manager
B) Compensation Administrator
C) Line Manager
D) HR Specialist

Solutions: