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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules,andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

A) Incentive Compensation Participant Import
B) Incentive Compensation Transaction Import
C) Incentive Compensation Classification Rule Import
D) Incentive Compensation Participant Goal Import
E) Incentive Compensation Compensation Plan Import
F) Incentive Compensation Credit Category Import
G) Incentive Compensation Participant Detail Import

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

3. Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A) Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
B) Create a rollup hierarchy rule and assign the participant as a credit receiver.
C) Create a team credit rule for this state and assign the participant as a credit receive
D) Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier

4. The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

A) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
B) No adjustment can be done for that period.
C) Pay sheets can be adjustedaccordingly.
D) Payment batches can be edited and reprocessed.

5. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

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

Solutions: