Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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) Pay sheets can be adjustedaccordingly.
C) Payment batches can be edited and reprocessed.
D) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.

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

3. The status of the ESS (Enterprise Scheduler Service) requestis 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A) Answer B plus-You must set 'Enable Rollup' to 'Yes1and select 'Rollup in Credit Hierarchy.
B) The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.
C) Answer B plus-You must run Deploy Credit Rules for the correct date range.
D) Answer B plus-You must assign the correct credit category to the performance measure.
E) Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.

4. A performance measure is to be set up to determine the commission rate using total sales attainmentpercentage for a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How would you set up this performance measure?

A) Set Process Transaction - Grouped By Interval and Interval = Quartet, have the input expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets directly inthe performance measure.
B) Set Process Transaction = Individually and Interval=Quarter, select Running Total, select Accumulate for input expressions 'transaction amount', and enter targets directly in the performance measure
C) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'credit.transaction amount', and enter targets in the plan component associated with the performance measure.
D) Set Process Transaction = Grouped By Interval and Interval = Quarter, have theinput expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets in the plan component associated with the performance measure.

5. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

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

Solutions: