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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A company has itsclassificationrules, which are at the samelevel in the hierarchy, set up as:

Whichoption showsthecredit category or categoriesthatwill be assigned to this transaction during the Classification process?

A) LAPTOP
B) COMPUTERS
C) TOSHIBA
D) INTEL

2. The 'Run Crediting and Rollup'process request completes successfully but no credits are created. Which three configurations must be verified?

A) The transaction event date falls between thecredit rule start and end dates.
B) The 'Deploy Compensation Plans' process was run after thecredit rules were created.
C) Participants assigned to a direct credit rule do not have the Manager role.
D) The same participants are not assigned to multiple credit rules in the hierarchy.
E) The 'Deploy Credit Rule' process was run after the credit rules were created.
F) 'EnableDirect Crediting* is set to 'Yes' on the 'Manage Parameters'page.

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

4. Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

A) Configure in Production instance from the start of the project.
B) Start small and add functionality incrementally.
C) Conduct thorough requirement sessions to determine priorities.
D) Import datathat fits out of the box and enable reporting.

5. Which two methods are valid when assigning a pay group to a participant?

A) Assign the pay group directly to the participant.
B) Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
C) Assign the pay group tothe credit category and allow the participant to inherit the pay group.
D) If there is only one paygroup, all participants are automatically assigned to the pay group.
E) Assign the role to the pay group and allow the participant to inherit the pay group.

Solutions: