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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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 range Values
B) Deduction range group
C) Deduction overrides
D) Deduction ranges

2. As compensation manager, you are creating a Salary and Bonus earnings compensationitem to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.
Select the correct "Source Type". (Choose the best answer.)

A) Salary Basis
B) BenefitBalance
C) Formula
D) Payroll Element

3. A corporation has implemented Oracle Fusion Workforce Compensation. The requirement is that Bonus Amount should be given only to the Full-Time Assignment categoryemployees who work on weekly payroll.
Additionally, the costing information must be transferred to General Ledger.
Which implementation approach is correct for creating the required element? (Choose the best answer.)

A) creatingan auto-indirect rule and setting up costing information at the auto-indirect level
B) creating an element eligibility link and setting up costing information at the link level
C) creating an input value and setting up costing information at the input value level
D) creating status processing rules and setting up costing information at the status processing level

4. An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statementsare true about configuring Compensation Items for a Compensation Statement? (Choose three.)

A) Currency can be used as Context when implementing the source type for such Items.
B) Legislative Data Group ID can be used as Context when implementing the source type for such Items.
C) Manager ID can be used as Context when implementing the source type for such Items.
D) Effective Date can be used as Context when implementing the source type forsuch Items.
E) Person ID can be used as Context when implementingthe source type for such Items.

5. A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown whileconfiguring salary basis comes from which level? (Choose the best answer.)

A) From the input value of the payroll element
B) From the Organization payment level,because the compensation is finally paid through this
C) From the Legislative Data Group level, because that is the highest level in the hierarchy.
D) From the Bank account level

Solutions: