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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. The Implementation team is trying to determine how many business units (BUs) are needed.Whichconsideration requires the creation of multiple BUs?
A) Operating currency is different to the currency in which calculations are performed.
B) The running of processes, the management of participant assignments, and the administrative access to data must beseparated by principal lines of business.
C) different General Ledger account structures
D) The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation.
E) different currencies for payment of participants
2. Which two methods are valid when assigning a pay group to a participant?
A) Assign the pay group directly to the participant.
B) If there is only one paygroup, all participants are automatically assigned to the pay group.
C) Assign the role to the pay group and allow the participant to inherit the pay group.
D) Assign the pay group tothe credit category and allow the participant to inherit the pay group.
E) Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
3. A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?
A) Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.
B) 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 theperformance measure.
C) Set Process Transaction =Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.
D) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.
4. 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 pet any kind of event, as long as the user defines the event first
C) when the incentive is to be calculated based on many transactions grouped over an Interval
D) when the incentive Is to be calculated on a per transaction basis
5. 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) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
D) Pay sheets can be adjustedaccordingly.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C,E | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |






