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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain.

Now, one of Manager 2's employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

A) Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager
3 will decrease to 8%.
B) No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.
C) Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager
2 will decrease to 8%.
D) Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

2. How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

A) Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
B) Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.
C) Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.
D) Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.

3. You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called
"Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)

A) The Salary Component Lookup
B) The Configure Compensation Component task in Manage plans
C) The Compensation Models
D) It is not possible to achieve this, because only the delivered salary components can be used.

4. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)

A) Derived-factor-based eligibility profile
B) User-defined-criteria-based eligibility profile
C) Employment-criteria-based eligibility profile
D) Fast-formula-based eligibility profile

5. Which three tasks are part of Plan Foundation Configuration Options? (Choosethree.)

A) Feedback Survey
B) Plan Currency
C) Components
D) Plan Access
E) Alerts

Solutions: