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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

A) Operating
B) Functional
C) Participant Home
D) Processing

2. You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

A) Export and Import reports by using the archive/unarchive function.
B) Export Compensation Plans to XML
C) Clone custom objects in Application Composer
D) Move Calendar, Business Units, List of Values, and Profile Options by using FSM.

3. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option B
B) Option D
C) Option E
D) Option C
E) Option A

4. Of what type of role is Incentive Compensation Analyst an example?

A) Job
B) Work Area
C) Duty
D) Abstract

5. The status of the ESS (Enterprise Scheduler Service) requestis 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A) Answer B plus-You must set 'Enable Rollup' to 'Yes1and select 'Rollup in Credit Hierarchy.
B) Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.
C) Answer B plus-You must assign the correct credit category to the performance measure.
D) The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.
E) Answer B plus-You must run Deploy Credit Rules for the correct date range.

Solutions: