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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

3. An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date fortwo periods with a different end date.
Which Statement represents the error for this scenario?

A) The period is overlapping with system defined quarterly period.
B) Please select the period type for each newly-added period row.
C) The start date cannot be later than the end date for a period.
D) The date range should not overlap with any other period.

4. An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string'MORE'; ifthetransaction amount is less than 1000, it should returnthestring 'LESS'; and if the transaction amount is equal to 1000, It should return thestring'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?

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

5. 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 upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations
C) when the incentive Is to be calculated on a per transaction basis
D) when the incentive is to be calculated based on many transactions grouped over an Interval

Solutions: