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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. By using which method can a new participant be created In the Incentive Compensation application?

A) using the Import Participant process
B) using the Create Participant task in Setupand Maintenance
C) manually in the UI
D) using the Create Participant Web Service


2. You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earnedamount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?

A) Measure result.PM1.Output
B) Credit.Credit Amount
C) Measureresult.PM1.PTDOutputAchieved
D) SUM ( Credit.Credit Amount )


3. Which method enables an Incentive Compensation application administrate, to bypass payment approval?

A) Set Grade Fusion Incentive Compensation: Enforce Payment Approval to 'No' in the Manage Profile Options task.
B) Set Paysheet Approval Status to 'Approved-in the Manage Parameters task.
C) Set up an empty payment administration hierarchy.
D) Payment approval cannot be bypassed.


4. In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?

A) Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment
B) Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
C) Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment
D) Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
E) Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment


5. You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

A) CN_SRP_PER_FORM_METRICS_ALL
B) CN_SRP_PARTICIPANTS_ALL
C) CN_TP_TRANSACTIONS_ALL
D) CN_SRP_SUBLEDGER_ALL
E) CN_SRP_PIAN_C0HPONENTS_ALL


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: E
Question # 5
Answer: C

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