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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. As a compensation executive, you are required to upload stock data sent by a vendor of a corporation into the Fusion application.
Which option is the correct method to do so? (Choose the best answer.)

A) Manage Stock Grants >> Import Source
B) Manage Stock Grants >> Prepare Import Spreadsheet
C) Manage Stock Grants >> Import Category
D) Manage Stock Grants >> Import Items

2. Yourcustomer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

A) the date when merit increases are awarded to workers
B) the date that statements become available toworkers
C) the conversion rate date for currency conversions
D) the date when bonus is awarded to workers
E) an optional welcome message

3. Your client's compensation plan for employees includes a component that is based on years of service in the organization. If a person completes 10 years in the company, he or she will be eligible for a seniority component and the associated fixed salary amount. What type of eligibility profile you would need to create in order to track workexperience of people? (Choose the best answer.)

A) Employment-based eligibility criteria suing hire date
B) Employment-based-eligibility-criteria using length of service
C) Derived -factor-based eligibility criteria using length of service
D) User-defined-criteria-based eligibility profile using hire date

4. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)

A) Derived-factor-based eligibility profile
B) User-defined-criteria-based eligibility profile
C) Fast-formula-based eligibility profile
D) Employment-criteria-based eligibility profile

5. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharingbonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)

A) More than one administrator might be using the item and, therefore, it cannot be deleted.
B) Before deleting the item, you must configure a zerovalue behavior for the item.
C) The item cannot be deleted,because it is attached to a category.
D) The above scenario does not stand true as the item can be deleted.

Solutions: