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| Section | Objectives |
|---|
| Topic 1: Compensation Cycle Management | - Merit, bonus, and stock allocation processes - Worksheet configuration and approvals
|
| Topic 2: Workforce Compensation Plan Design | - Compensation plans setup and eligibility rules - Budgeting and allocation models
|
| Topic 3: Reporting, Analytics, and Modeling | - What-if modeling and simulation - Compensation reporting tools
|
| Topic 4: Compensation Cloud Overview and Configuration | - Security roles and access setup - Application architecture and key components
|
| Topic 5: Integration and Data Management | - Data loading and import processes - Integration with Oracle HCM Cloud
|
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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q89-Q94):
NEW QUESTION # 89
A corporation is implementing Oracle Fusion Workforce Compensation and the new salary basis is being created.
For an hourly paid employee, which option is true regarding the Annualization factor in the salary basis? (Choose the best answer.)
- A. The Annualization factor used in a salary basis is only for display purpose. The amount that is paid to the worker is always determined by the sum of all the components of the salary basis multiplied by 12.
- B. The Annualization factor used in salary basis is only for display purpose. The amount that is paid to the worker is always determined by the pay period on the payroll linked to worker's assignment.
- C. For all hourly paid employees, a new salary basis needs to be created and associated that uses a frequency of "Hourly," and the Annualization factor will be the number of hours in a work year.
- D. Whether the employee is paid hourly or not, the Annualization factor is the multiplication factor used to convert base pay at the selected frequency to an annualized amount. So any frequency can be used and the corresponding Annualization factor can be determined.
Answer: A
NEW QUESTION # 90
A corporation is implementing Oracle Fusion Workforce Compensation and needs to give a spot bonus for a new hire as well as give the same for special recognition for employees.
Identify the correct option that will enable the organization to achieve the desired results. (Choose the best answer.)
- A. Configure the spot bonus as an individual compensation plan and add "Hire" as an action. Then, after an employee is hired, this plan can be added to employees anytime.
- B. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire," this bonus can be added. Also add "Manage Contributions," which will enable managers to add it to reportees.
- C. Configure the spot bonus as an individual compensation plan and add "Hire" as an action so that for HR action "Hire", this bonus can be added. Also add "Manage Individual Compensation," which will enable Managers to add it to reportees.
- D. Configure the spot bonus as an individual compensation plan and add "All" as an action so that this plan can be added to anyone at any time.
Answer: D
NEW QUESTION # 91
As a compensation manager, in which four cases would you find an employee newly added to your worksheet? (Choose four.)
- A. An employee's data has been corrected by HR and it now satisfies the eligibility criteria.
- B. A contingent employee becomes a regular employee.
- C. An intern in your organization gets his place confirmed as an employee.
- D. An employee leaves an organization.
- E. An employee transfers into your organization.
- F. A loaned employee in your organization returns after assignment completion.
Answer: A,B,E,F
NEW QUESTION # 92
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)
- A. You can allow managers to update the overall performance rating, overall goal rating, and overall competency rating in the compensation worksheet.
- B. You can allow managers to enter performance ratings during the compensation cycle to be used only in the compensation plan.
- C. If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.
- D. You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
Answer: A,B,C
NEW QUESTION # 93
Your customer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
Evaluation Period Start Date: 1-Jan-2014
Evaluation Period End Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Jan-2014
Worksheet Update Period End Date: 31-Dec-2014
HR Data Extraction: 31-Dec-2014
Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
- A. The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
- B. The salary adjustment or lumpsum must be manually calculated and added for such workers.
- C. The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
- D. Terminated workers should be excluded from being processed in Workforce Compensation plans.
- E. The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
Answer: A
NEW QUESTION # 94
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