Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?

A) Business Analyst, Reporting Specialist, Data Specialist, Project Manager
B) System Administrator Business Analyst, Reporting Specialist, Project Manager
C) System Administrator, Business Analyst, DBA, Project Manager
D) Business Analyst, DBA, Reporting Specialist, Data Specialist

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

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

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

4. You want to create compensation plans for a new businessunit and found that the plans are similar to the existing compensation plans. How can you achieve this?

A) You can only manually create them in the new businessunit, as you cannot Import plans exported from another business unit.
B) You can export the compensation plans from current business unit. Log In to the new business unit and import them into the new business unit, which imports the complete compensation plans with the associated plan components.
C) You can export the compensation plans from current business unit. Log in to the new business unit and import them into the new business unit, but you must create plan components andperformance measures manually.
D) You can use db tools to copy the compensation plans from one business unit to another.

5. A classification ruleshierarchyis set up as:

The performance measure 'Storage attainment' is associated withcategory STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE.
If the transaction is:

What will the application do when the Classification and Calculation processes are run?

A) associate the credit category HARD DRIVE with the transaction during the Classification process andlater, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment')
B) associate both credit categories (STORAGE and HARD DRIVE) withKm-transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
C) associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment*
D) associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure
'Storage attainment'
E) associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment'

Solutions: