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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. You have been asked to create a report by using internal and external data sources. Identify Oracle's recommended approach for building a custom report.

A) BI Analytics
B) OTBI Reports
C) BI Answers
D) BI Publisher

3. When should you set 'Calculate Incentive = Per Event'while building a plan component?

A) when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations
B) when the incentive Is to be calculated on a per transaction basis
C) when the incentive is to be calculated based on many transactions grouped over an Interval
D) when the incentive is to be calculated pet any kind of event, as long as the user defines the event first

4. An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date fortwo periods with a different end date.
Which Statement represents the error for this scenario?

A) The start date cannot be later than the end date for a period.
B) The period is overlapping with system defined quarterly period.
C) Please select the period type for each newly-added period row.
D) The date range should not overlap with any other period.

5. Which two statements are true about disputes?

A) Disputes are assigned to the analyst who is associated with the participant creating the dispute.
B) Compensation Managers can reassign disputes todifferent analysts.
C) Participants can view the disputes they have created in their worklist
D) Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.

Solutions: