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

2. A regional sales manager is promoted to a higherposition and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?

A) Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.
B) Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit
C) Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
D) No additional configurations are required because the application accommodates cross-region rollups.

3. You have created one performance measure, PM1, which has the following definition with calculation sequence 1.

You want to refer PMl output in performance measure 2 having calculation sequence 2. Which two statements are true?

A) You cannot access output of PMl In output expression of PMl.
B) You can refer to attribute Measure result.PMl.Input.
C) You can refer to attribute Measure result .PMl.PTD Output Achieved.
D) You can refer to attribute Measure result.PMl.Output.
E) You can refer to attribute Measure result.PMl.PTD Output Achieved.

4. A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter of a fiscal year identify the three steps that the incentive compensation application administrator must take to set up this requirement before associating the reward with a plan component. In this case, the fiscal year corresponds to the calendaryear.

A) Select the earning type to 'Monetary Earnings', define a conversion factor = 1, and define Start Date =
01-Oct and End Date - 31 Dec for the fiscal year.
B) Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.
C) Add a new row to the Conversion Factor section for the earning type 'Point Rewards'
D) Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.
E) Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.

5. A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.

A) Status is set to 'Active' for all of the required months.
B) 'Display period data in participant reports' is selected.
C) Start and end dates for the fiscal months are valid.
D) Report to work area mapping isdefined for each period.

Solutions:

Question # 1 Answer: E

Question # 2 Answer: A

Question # 3 Answer: A,B

Question # 4 Answer: E

Question # 5 Answer: C