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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?

A) Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
B) Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
C) Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment
D) Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment
E) Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment

2. Performance Measures can be addedto expressions in the expression builder. Which structures are supported?

A) Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
B) The goalof one performance measure can be used in the formulaexpression of a different performance measure.
C) A, B, and C
D) Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
E) A and D
F) The output of five performance measures can be combined in the formula expression of a plan component.

3. A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit. Which method do you use to set up multiple calendars for incentive compensation business units?

A) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.
B) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.
C) Go to theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.
D) Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.

4. In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A) The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
B) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
C) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
D) The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
E) The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.

5. An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?

A) The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
B) The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.
C) The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
D) The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.

Solutions: