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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

2. Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.
Identify the two options this is based on.

A) all the participants in theorganization
B) all the participants associated with that customer
C) Rollup hierarchy effective for that date
D) Rollup date
E) all the participants in the compensation group

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

4. Which asset typo must you select for searching web service in Oracle Enterprise Repository?

A) Composite Service
B) Composite
C) ADF Service
D) ADF service Data Object

5. View the following credit rule hierarchy:

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?

A) The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
B) The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
C) The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
D) The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.

Solutions: