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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. When should you set 'Calculate Incentive = Per Event'while building a plan component?

A) when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
B) when the incentive is to be calculated based on many transactions grouped over an Interval
C) when the incentive Is to be calculated on a per transaction basis
D) when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations

2. An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?

A) The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.
B) The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
C) The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
D) The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.

3. You have to write a custom function that accesses the performancemeasure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?

A) CN SRP_PER_FORM_METRICS_ALL
B) CW_TP_EARNINGS_ALL
C) CM SRP PARTICIPANTS ALL
D) CN TP KEASURE_RESULTS_ALL

4. Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?

A) while deploying the flexfield by selecting the Enable for Reporting check box
B) while defining the segments by selecting the Enable for Reporting check box
C) whileexecuting the program to enable Descriptive Flex-field for BI Reporting
D) while creating subject areas for Incentive Compensation Reporting

5. The Implementation team is trying to determine how many business units (BUs) are needed.Whichconsideration requires the creation of multiple BUs?

A) The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation.
B) different General Ledger account structures
C) The running of processes, the management of participant assignments, and the administrative access to data must beseparated by principal lines of business.
D) different currencies for payment of participants
E) Operating currency is different to the currency in which calculations are performed.

Solutions:

Question # 1 Answer: A

Question # 2 Answer: B

Question # 3 Answer: A

Question # 4 Answer: B

Question # 5 Answer: A