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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which statement is trueregarding elements? (Choose the best answer.)

A) Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
B) Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.
C) Elements have one primary classification, one secondary classification, and one subclassification.
D) Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
E) Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.

2. A corporation has implemented Oracle Fusion Workforce Compensation. The consultant creates multiple elements to meet the business requirements.
Which three statements will help him to make a decision about the element classification? (Choosethree.)

A) Primary classifications are provided mainly to reflect tax legislation.
B) Elements can have multiple primary and multiple secondary classifications.
C) Predefined secondary classifications can be removed or changed.
D) Predefined primary classifications cannot be removed or changed.
E) Secondary classifications are subsets of the primary classifications.

3. When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

A) You must use VariableAllocationTaskand not VariableAllocationFYITask.
B) You may use either VariableAllocationTask and VarialbeAllocationFYITask
C) You must use VariableAllocationFYITask and not VariableAllocationTask.
D) You must use VariableAllocationTask and edit the rules if using only for notification.

4. While you are setting up Stock Details, you notice that the details you entered are different from the ones showing up in system.
What could have been the possible reasons for this? (Choose the best answer.)

A) You may have forgotten to save the changes made.
B) You do not have the privileges to change Stock Details.
C) Network connectivity issue may have hindered your data being sent to the server.
D) Another administrator might have accessed these settings after you have saved it.

5. A corporation is implementing Oracle Fusion Workforce Compensation and has set up an individual compensation plan for a contribution. This contribution has to be approved by the four members in parallel.
Identify the correct option regarding parallel approvals. (Choose the best answer.)

A) A parallel approval option is not available and any approval configured is always sequential.
B) Parallel approvals are not fully supported, but notifications can be sentto all members in parallel using the list builder resource option and configuring Application Role. However, the first person who claims the notification can approve it, and this ends the process and the other members lose control over the approval of thenotification.
C) Parallel approvals are supported and can be configured using Static approval groups. Only after all the approvers approve will the process end.
D) Parallel approvals are supported by configuring the Application role option in the Resource list builder.
Only after all the approvers approve will the process end.

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