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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer's compensation has an itemized structure. The company wants to increase the Cost of Living allowance of the employees living in the New Jersey area by 3% to compensate for the increased living costs there. Which feature of Oracle Fusion Workforce Compensation can be used to achieve this? (Choose the best answer.)

A) Plan Eligibility
B) Salary Component
C) Plan Access
D) Action and Action Reasons
E) Budget Pools

2. Which three statements are true about payroll deductions? (Choose three.)

A) A payroll deduction comprises the rates and rules that are used to calculate the deductionamount.
B) The rates and rules that are defined on a personal deduction card cannot override the values that are defined in the deduction ranges at the legislative level.
C) A personal deduction card contains person-specific information that is used to calculate the deduction amount.
D) Wage basis rules are defined at the personal level and the context value for the rule is captured on the deduction card.
E) The deduction element's status processing rule drivesthe calculation, accessing the rates and rules that are defined for the related payroll deduction and the values that are captured on a personal deduction card.

3. What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)

A) Either Absence or Information Classification
B) Either Standard Earnings or Absence Classification
C) Standard Earnings Classification
D) Information Classification
E) Absence Classification
F) Any classification will result in the absences showing

4. 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) Resolve errors created by the uploaded file.
B) Filter the editsand upload only the edited fields.
C) Upload filter the workbook to include only employees whose data has been modified in the workbook, prior to uploading the file.
D) Edit the workbook data.
E) Repeat the steps as many times asnecessary to accommodate the revisions.
F) Download and authenticate workbooks.

5. Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

A) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated including the history category.
B) Any payroll element can be added and all other details are auto-populated including the history category.
C) Any payroll element can be added and the input value of the element must be selected. All other details are auto-populated excluding the history category.
D) Any payroll element can be added and all other details are auto-populated excluding thehistory category.

Solutions: