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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

2. Which option will never have access to the full Business Unit?

A) the Compensation Analyst
B) the Sales Manager and the Participant
C) the Compensation Analyst and the Participant
D) the Compensation Manager
E) the Participant

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

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

4. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option B
B) Option A
C) Option D
D) Option C
E) Option E

5. You have been asked to create a report by using internal and external data sources. Identify Oracle's recommended approach for building a custom report.

A) BI Analytics
B) BI Publisher
C) OTBI Reports
D) BI Answers

Solutions: