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

2. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

A) Participant Home
B) Processing
C) Functional
D) Operating

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

4. A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit. Which method do you use to set up multiple calendars for incentive compensation business units?

A) Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
B) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.
C) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.
D) Go to theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.

5. Which statement is true for theparticipant home currency?

A) A participant can be compensated for an invoice booked in a currency different from the participant's home currency.
B) A participant's home currency must be the same for all participants in the organization.
C) A participant's home currency must be the same as the operating currency.
D) A participant can be compensated for an invoice booked only in the participant's home currency.

Solutions: