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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

A) Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
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) A, B, and C
F) A and D

2. A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter of a fiscal year identify the three steps that the incentive compensation application administrator must take to set up this requirement before associating the reward with a plan component. In this case, the fiscal year corresponds to the calendaryear.

A) Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.
B) Add a new row to the Conversion Factor section for the earning type 'Point Rewards'
C) Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.
D) Select the earning type to 'Monetary Earnings', define a conversion factor = 1, and define Start Date =
01-Oct and End Date - 31 Dec for the fiscal year.
E) Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.

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

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

4. 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) Pay sheets can be adjustedaccordingly.
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) No adjustment can be done for that period.

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

Solutions: