Quiz about Certification Exam, Oracle, Oracle Compensation Cloud 2021 Implementation Essentials

Question 1

Which statement is true regarding elements? (Choose the best answer.)

Accepted Answer

Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.

Answer

Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.

Answer

Elements have one primary classification, one secondary classification, and one subclassification.

Answer

Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.

Answer

Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.

Question 2

You client has a requirement that allows a salary adjustment based on the number of 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.)

Accepted Answer

The Salary Component Lookup

Answer

The Configure Compensation Component task in Manage plans

Answer

It is not possible to achieve this, because only the delivered salary components can be used.

Answer

The Compensation Models Reference: https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1477720AN1CD0E.htm#F1477720AN1CD 0E

Question 3

A corporation implemented Fusion Compensation and must run a compensation cycle. The  corporation has seven different active components in the salary basis. Salaries of all the employees  
must be updated in bulk mode. 
Which statement is true about the bulk update using Integrated Workbook? (Choose the best 
answer.)

Accepted Answer

Only the first five active components will be loaded at a time by Integrated Workbook.

Answer

Integrated Workbook can be used to update all the seven components.

Answer

Only the first four active components will be loaded at a time by Integrated Workbook.

Answer

Only the first six active components will be loaded at a time by Integrated Workbook.

Question 4

Which two statements are true about Base Pay? (Choose two.)

Accepted Answer

For Base Pay earnings elements, eligibility is determined by the salary basis that is assigned to the worker.

Accepted Answer

You attach a single earnings element to each salary basis to hold Base Pay earnings, and assign a salary basis to each worker to calculate Base Pay.

Answer

You attach elements at various levels in the Salary object hierarchy to create deductions and earnings that can be processed in a payroll run to calculate Base Pay.

Answer

You enter a salary basis for each worker that becomes the worker’s Base Pay earnings.

Answer

For Base Pay earnings elements, eligibility is determined by the deduction basis that is assigned to the worker. Reference: https://docs.oracle.com/cd/E60665_01/common/FAIWC/F1443670AN12C58.htm#F595603AN1468A https://docs.oracle.com/cd/E37583_01/fusionapps.1116/e20379/F720777AN425A7.htm

Question 5

A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion  consultant created a Bonus element with primary classification as Supplemental earning. 
What is true about the subclassifications for the created element? (Choose the best answer.)

Accepted Answer

Once a sub-classification is associated with a classification, it cannot be associated with another classification.

Answer

Sub-classifications provide a way to feed elements.

Answer

A sub-classification name cannot be reused under a different primary classification.

Answer

Elements can have only one sub-classification. Reference:
Subclassifications provide a way to feed balances. Elements can have only one primary and
secondary classification, but multiple subclassifications. You can create subclassifications or use
predefined ones. Once a subclassification is associated with a classification it cannot be associated
with another classification. A subclassification name can be reused under different primary
classifications, but you will have to create separate balance feeds for each subclassification with the
same name.

Question 6

Your customer wants line managers to be able to access the active workforce compensation plan  during the first three months of the Plan period, but not to update it. The evaluation period start and 
end dates for the plan are January 1 to December 31 of the year. 
How should you set this up? (Choose the best answer.)

Accepted Answer

Configure Plan access start and end dates from January 1 to March 31 of the year and Worksheet update period start and end dates from April 1 to December 31 of the year.

Answer

Configure Worksheet update period start and end dates from January 1 to March 31 of the year and Plan access start and end dates from April 1 to December 31 of the year.

Answer

Configure Plan access start and end dates from January 1 to December 31 of the year.

Answer

Configure Worksheet update period start and end dates from January 1 to December 31 of the year.

Question 7

A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot  bonus for a new hire as well as give the same for special recognition for employees. 
Identify the correct option that will enable the organization to achieve the desired results. (Choose 
the best answer.)

Accepted Answer

Configure the spot bonus as an individual compensation plan and add “All” as an action so that this plan can be added to anyone at any time.

Answer

Configure the spot bonus as an individual compensation plan and add “Hire” as an action. Then, after an employee is hired, this plan can be added to employees anytime.

Answer

Configure the spot bonus as an individual compensation plan and add “Hire” as an action so that for HR action “Hire”, this bonus can be added. Also add “Manage Individual Compensation,” which
will enable Managers to add it to reportees.

Answer

Configure the spot bonus as an individual compensation plan and add “Hire” as an action so that for HR action “Hire,” this bonus can be added. Also add “Manage Contributions,” which will enable 
managers to add it to reportees.

Question 8

You have configured a compensation plan to include ratings from the performance management  system. For one particular division, the performance ratings have not been finalized and are shown 
as blank on the compensation worksheet. The manager updates the performance rating while 
allocating compensation. What happens in this case? (Choose the best answer.)

Accepted Answer

The rating will be available in the Performance document in the performance system.

Answer

The rating will be available to only the plan where it is updated.

Answer

The rating will be available to all plans that are currently active.

Answer

The rating will be available to only the plans where the same manager is involved.

Question 9

The compensation administrator wants to run the batch process to administer the compensation  cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

Accepted Answer

Start Workforce Compensation Cycle

Accepted Answer

Refresh Workforce Compensation Data

Accepted Answer

Transfer Workforce Compensation Data to HR

Accepted Answer

Back Out Workforce Compensation Data

Answer

Adjust Workforce Compensation Enrollment Window

Answer

Evaluate Workforce Compensation Participation Reference: https://docs.oracle.com/cloud/latest/common/FAIWC.pdf

Question 10

Contingent workers are ineligible as per the eligibility rules defined for your organization’s  compensation plan. The compensation plan cycle is started. As is the standard practice, the 
compensation administrator schedules the “Refresh Workforce Compensation Data” nightly. A 
worker who was a contingent worker is now an employee of the organization and the next day shows

up in Manager’s worksheet. How is this possible? (Choose the best answer.)

Accepted Answer

Process Ineligible Workers is selected in the compensation plan.

Answer

Track Ineligible Workers is selected in the compensation plan.

Answer

Show Ineligible Workers is selected in the compensation plan.

Answer

Hide Ineligible Workers is selected in the compensation plan.

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