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Oracle Compensation Cloud 2022 Implementation Professional Questions and Answers

Question 1

The manager administering compensation has the option to create budget models to be used to allocate compensation.

Which four options regarding compensationmodeling are correct? (Choose four.)

Options:

A.

Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.

B.

Managers can create their own models and use them.

C.

Managers cannot share a model created by them.

D.

Managers can use a model created by compensation professionals.

E.

Access of a model is limited only to the creator of the model.

F.

A model can be shared with the direct reports of the creator.

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Question 2

After the compensation plan was configured, the Validate Plan Setup process was run successfully with no warnings or errors. However, when the worksheet is accessed by a Line Manager, the Line Manager notices that employees who are ineligible are also visible in the worksheet despite running the Validate Plan Setup process.

What is the reason for this?(Choose the best answer.)

Options:

A.

The Validate Plan Setup process does not validate eligibility profiles.

B.

The compensation administrator did not run the Validate Plan Setup process and run the Start Compensation Cycle process instead.

C.

The Validate PlanSetup process failed to report errors from the eligibility profiles.

D.

The Validate Plan Setup process showed a warning about errors on the eligibility profiles, which was ignored by the compensation administrator.

Question 3

A corporation has implemented Oracle Fusion Workforce Compensation. As a Fusion consultant, you are required to set up Calculation Factors for the deduction elements setup.

Which two statements are correct regarding the Calculation Factors? (Choose two.)

Options:

A.

Calculation Factors indicate which deduction range to use whencalculating the deduction amount.

B.

The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.

C.

Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.

D.

The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.