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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.

A) Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.
B) Assign the participant to the global business unit and global role,
C) Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.
D) Assign the participant to a new role and resource group.

2. Your configurations and reports are moved to the Production environment. You want to copy thorn to your Test environment. When should you schedule P2T?

A) after the next patch is applied to Production
B) once Production and Test are aligned on the same patch
C) after the next patch is applied to Test
D) when P2T tasks are set up In FSM

3. 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 Answers
B) BI Analytics
C) OTBI Reports
D) BI Publisher

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

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

Solutions: