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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your client wants to encourage continuous growth from quarter, toquarterto ensure its representatives are pushing themselves and growing the business. As such, your client has created a quarterly SPIF(Sales Promotion Incentive Fund) to reward growth. The client wants to take the current quarter's attainment, and compare it to prior quarters. If growth Is positive, the client will give them an additional$2000.If not, then nothing.
Which expression should you use to meet the requirement?

A) Previous Interval Attainment
B) YTD (Year-to date) Target Incentive
C) Rolling Average Attainment
D) Date Difference

2. Which two statements are true for individualized compensation plan values?

A) Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
B) A participant can personalize the compensation plan view if the Individualize option is selected.
C) Individualized compensation plan values summarize transactions during the Calculation phase.
D) Individualized ratevalues for a participant take precedence over original compensation plan rate values.
E) A participant's manager can personalize the compensation plan view if the Individualize option is selected.

3. 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 and add read privileges.
B) Create a new role template.
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.

4. 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_SUBLEDGER_ALL
B) CN_SRP_PER_FORM_METRICS_ALL
C) CN_TP_TRANSACTIONS_ALL
D) CN_SRP_PARTICIPANTS_ALL
E) CN_SRP_PIAN_C0HPONENTS_ALL

5. You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Althoughsome of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?

A) Select Operating Currency as USD and Processing Currency as USD.
B) Select Operating Currency as USD and select Processing Currency as Operating Currency.
C) Select Processing Currency as USD only. Operating Currency is not mandatory.
D) Select Operating Currency as USD andselect Processing Currency as Participant's Home Currency.

Solutions: