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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which are the three broad categories, based on which cross subject area reporting can be built?

A) using common dimensions
B) combining logical SQL using the Advanced tab
C) combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference
D) using common and local dimensions

2. Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A) Create a rollup hierarchy rule and assign the participant as a credit receiver.
B) Create a team credit rule for this state and assign the participant as a credit receive
C) Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
D) Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier

3. Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A) CN_TP_BASETRAHS_DFF
B) CM_TP_TRANSACTIOM_DFP
C) XC BASE_TRANS_DFF
D) FIC_TRANSACTION_DFF

4. Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

A) Configure in Production instance from the start of the project.
B) Start small and add functionality incrementally.
C) Import datathat fits out of the box and enable reporting.
D) Conduct thorough requirement sessions to determine priorities.

5. You must create a request set for simplifying the Incentive Compensation processes for your end customer.
You asked Oracle Support to put the programs in the following sequence:
1. Revert Transaction
2. Run Crediting and Rollup
3. Run Classify Credits
4. Calculate
Whicharethe correct values of the corresponding BU parameters?

A) Rollup using Credit Hierarchy, Classify before crediting
B) Rollup Using= Both, Classify after crediting
C) Rollup using Credit Hierarchy, Classifyaftercrediting
D) Rollup using Rollup Hierarchy, Classify after crediting

Solutions: