Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. Identify three correct statements about changes in an employee's compensation when the employee's FTE value changes in employment. (Choose three.)
A) If the salary start date is after the current date (that is, it is a future-dated salary record), theFTE value is fetched as of the salary start date and Annual Salary and Annual FT Salary are calculated by using that value.
B) If the salary record end date is 31-DEC-4712 (that is, the date is "blank" in the salary UI), the FTE value is fetched as of the current system date and Annual Salary and Annual FT Salary are calculated by using that value.
C) If the salary record has the end date after the current date, FTE is fetched as of the salary end date and Annual Salary andAnnual FT Salary are calculated by using that value.
D) If the salary record has the end date before the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
E) If the salary record end date is the same as the current date, FTE is fetched as of the salary end date and Annual Salary and Annual FT Salary are calculated by using that value.
2. Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)
A) Provisional
B) Restricted
C) Eligible
D) Limited
E) Ineligible
3. After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.
What is the reason for this?(Choose the best answer.)
A) The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.
B) The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.
C) The Validate Plan Setup process does not validate eligibility profiles.
D) The Validate PlanSetup process failed to report errors from the eligibility profiles.
4. What happens if eligibility requirements aredifferent for components than they are for a plan? (Choose the best answer.)
A) Plan-level eligibility is ignored and a warning is reported.
B) This is not possible. Component-level eligibility is always identical to plan-level eligibility.
C) Component-level eligibility isevaluated before plan-level eligibility.
D) Plan-level eligibility is evaluated before component-level eligibility.
E) Component-level eligibility is ignored and a warning is reported.
5. While working on a budget sheet or a compensation worksheet, a manager chooses to use the "Export to Excel workbook" option to do his or her work. Which four of the following steps wouldhe or she need to perform upon clicking the "Export to Excel workbook" option and prior to finalizing his or her proposal and submitting it for approval? (Choose four.)
A) Download and authenticate workbooks.
B) Repeat the steps as many times asnecessary to accommodate the revisions.
C) Filter the editsand upload only the edited fields.
D) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
E) Resolve errors created by the uploaded file.
F) Edit the workbook data.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A,C,D,E |
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