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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The status of the ESS (Enterprise Scheduler Service) requestis 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A) Answer B plus-You must set 'Enable Rollup' to 'Yes1and select 'Rollup in Credit Hierarchy.
B) The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.
C) Answer B plus-You must assign the correct credit category to the performance measure.
D) Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.
E) Answer B plus-You must run Deploy Credit Rules for the correct date range.

2. By using which method can a new participant be created In the Incentive Compensation application?

A) using the Create Participant task in Setupand Maintenance
B) manually in the UI
C) using the Import Participant process
D) using the Create Participant Web Service

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

4. Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules,andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

A) Incentive Compensation Credit Category Import
B) Incentive Compensation Participant Import
C) Incentive Compensation Participant Detail Import
D) Incentive Compensation Transaction Import
E) Incentive Compensation Compensation Plan Import
F) Incentive Compensation Participant Goal Import
G) Incentive Compensation Classification Rule Import

5. View the following credit rule hierarchy:

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?

A) The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
B) The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
C) The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.
D) The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.

Solutions: