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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions:

1. 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) currency conversion date
B) HR extraction date
C) worksheet update start and end dates
D) evaluation period start and end dates
E) default date due

2. 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) You cannot make completed performance document and corresponding ratings from Oracle Fusion Performance Management available to managers in the compensation worksheet.
D) If you use performance ratings while allocating compensation, you can display the latest ratings to the managers during the compensation cycle.

3. Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)

A) Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.
B) Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.
C) Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.
D) Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.

4. Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)

A) Feedback Survey
B) Components
C) Alerts
D) Plan Access
E) Plan Currency

5. Identify the four components that can be included in a fast formul
a. (Choose four.)

A) Conditions
B) Output statement
C) Assignment statements
D) Symbolic variables
E) Input statement
F) Comments

Solutions: