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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. What are the two correct options with respect to budgeting when the salary has multiple components?(Choose two.)

A) Budgets cannot be separate for each component.
B) Budgets can be separate for each component.
C) Multiple components cannot have a single budget.
D) Multiple components can have a single budget.

2. A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
* Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab
* Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)

A) the Validate Plan Setup process
B) the StartCompensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
C) the Refresh Data process
D) the Start Compensation Cycle process

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

4. The Budget Pool Storage Method selected is "Amount." Oneof the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)

A) The published amounts stay with the manager when workers are reassigned or their eligibility changes.
B) The published budgets change whena manager's total eligible salary changes, such as when workers eligibility changes.
C) The published budgets is always a percentage of the total budget pool.
D) The published budgets change when a manager's total eligible salary changes, such as when workers are reassigned.

5. What happens if you include ineligible workers on the worksheet? (Choose the best answer.)

A) It displays ineligible workers but managers can allocate compensation, promote workers, and rate worker performance.
B) It displays ineligible workers but managers cannot allocate compensation, promote workers, or rate worker performance.
C) It does not display ineligible workers and managers cannot allocate compensation, promote workers, or rate worker performance.
D) It does not display ineligible workers but managers can allocate compensation, promote workers, or rate worker performance.

Solutions: