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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement istrue to identify the root cause of the error?

A) The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
B) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.
C) The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
D) The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
E) The administrator must have defined'Point Rewards' as a monetary earning type.

2. Which three statements are true regarding Classification?

A) Classification process must be run before the Crediting process.
B) Classification splits the credits among the participant credit receivers.
C) Rule criteria involve one or more transaction attributes.
D) Qualifiers are ANDed and qualifier attribute values are ORed.
E) Classification rules are used to classify transactions into meaningful credit categories.

3. 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) 'Display period data in participant reports' is selected.
C) Start and end dates for the fiscal months are valid.
D) Status is set to 'Active' for all of the required months.

4. Performance Measures can be addedto expressions in the expression builder. Which structures are supported?

A) A, B, and C
B) The output of five performance measures can be combined in the formula expression of a plan component.
C) The goalof one performance measure can be used in the formulaexpression of a different performance measure.
D) Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
E) Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
F) A and D

5. Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this beaccomplished?

A) Create a new role template.
B) Copy the Participant role and add Analyst Duty Roles.
C) Copy the Analyst Role and delete all privileges in the provisioning template other than Read.
D) Create a new role and add read privileges.

Solutions: