Oracle Recruiting Cloud 2022 Implementation Essentials — Question 14

You need to set up a calendar for the year Apr-XX to Mar-YY where YY is the following year, and you would like the periods to be named according to the year they fall in.
What format should you choose?

Answer options

• A. Fiscal Year
• B. Calendar Year
• C. Period
• D. Year

Correct answer: A

Explanation

The correct choice is 'Fiscal Year' because it is designed to cover a 12-month period that does not align with the standard calendar year, thus allowing you to have periods named according to the year they are in. 'Calendar Year' refers to the standard January to December period, while 'Period' and 'Year' do not specify the fiscal structure needed for this setup.