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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which two statements are true when you create an expression?

A) You can use the metrics of a plan component but not of a performance measure in your expression.
B) An expression like Credit.Credit Amount* SUM(Credit.Quantity) will be valid because the application allows you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
C) You can use the metrics of a performance measure but not of a plan component in your expression.
D) Anexpression like Credit.Credit__Amount*SUM(Credit.Quantity) will be invalid because the application does not allow you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
E) You can use the metrics of both plan components andperformance measures in your expression.

2. Which two statements are true regarding the Complete Calculation process?

A) can be time-consuming on very large volume transactions
B) meant for minor changes that affect few participants
C) recalculates all transactions for a given period
D) limited to only a particular sales hierarchy

3. A performance measure is to be set up to determine the commission rate using total sales attainmentpercentage for a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How would you set up this performance measure?

A) Set Process Transaction = Grouped By Interval and Interval = Quarter, have theinput expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets in the plan component associated with the performance measure.
B) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'credit.transaction amount', and enter targets in the plan component associated with the performance measure.
C) Set Process Transaction = Individually and Interval=Quarter, select Running Total, select Accumulate for input expressions 'transaction amount', and enter targets directly in the performance measure
D) Set Process Transaction - Grouped By Interval and Interval = Quartet, have the input expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets directly inthe performance measure.

4. An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement istrue to identify the root cause of the error?

A) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.
B) The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
C) The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
D) The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
E) The administrator must have defined'Point Rewards' as a monetary earning type.

5. A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.

A) Start and end dates for the fiscal months are valid.
B) Report to work area mapping isdefined for each period.
C) Status is set to 'Active' for all of the required months.
D) 'Display period data in participant reports' is selected.

Solutions: