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| Section | Weight | Objectives |
|---|
| Base Pay Configuration | 25% | - Manage grade rates, salary ranges and progression ladders - Set up salary basis and components - Configure compensation zones and base pay structures
|
| Elements, Balances, and Formulas | 15% | - Explain element classifications and eligibility - Configure balances and formulas for compensation
|
| Workforce Compensation | 25% | - Plan design, setup and configuration - Performance ratings, approvals and administration - Budgets, models, worksheets and cycles - Validation, batch processes and change statements
|
| Total Compensation Statements | 15% | - Generate and manage compensation statements - Define statement definitions and items
|
| Individual Compensation | 20% | - Set up approvals, history and eligibility - Define and configure individual compensation plans
|
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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q125-Q130):
NEW QUESTION # 125
Which two tasks are true about components in worksheet configurations? (Choose two.)
- A. Plans must have at least one component if awarding compensation.
- B. There is the flexibility to add any number of components within a compensation plan.
- C. Each component has to be of a separate type, such as salary or bonus.
- D. You can create up to five components to represent the different types of compensation that you want to award within a plan.
Answer: A,D
NEW QUESTION # 126
You are configuring a plan cycle date that should be visible to managers on the Approvals tab so that they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use? (Choose the best answer.)
- A. HR extraction date
- B. worksheet update start and end dates
- C. evaluation period start and end dates
- D. default date due
- E. currency conversion date
Answer: D
NEW QUESTION # 127
A corporation has implemented Oracle Fusion Workforce Compensation. The consultant must now create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area? (Choose three.)
- A. status processing rules
- B. retroactive components
- C. general information
- D. auto indirect rules
- E. costing
- F. input values
Answer: D,E,F
NEW QUESTION # 128
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.)
- A. The Manage Deduction Group Rates task in the Payroll Calculation work area is used to view the calculation factors defined.
- B. Calculation Factors define which classifications of earnings to consider when calculating the basis for the deduction element.
- C. The Manage Deduction Ranges task in the Payroll Calculation work area is used to view the calculation factors defined.
- D. Calculation Factors indicate which deduction range to use when calculating the deduction amount.
Answer: C,D
NEW QUESTION # 129
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. Terminated workers should be excluded from being processed in Workforce Compensation plans.
- B. The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
- C. The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
- D. The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
- E. The salary adjustment or lumpsum must be manually calculated and added for such workers.
Answer: D
NEW QUESTION # 130
......
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