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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which three statements are true regarding Classification?

A) Classification splits the credits among the participant credit receivers.
B) Rule criteria involve one or more transaction attributes.
C) Qualifiers are ANDed and qualifier attribute values are ORed.
D) Classification process must be run before the Crediting process.
E) Classification rules are used to classify transactions into meaningful credit categories.

2. When should you set 'Calculate Incentive = Per Event'while building a plan component?

A) when the incentive is to be calculated based on many transactions grouped over an Interval
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 pet any kind of event, as long as the user defines the event first

3. Will the earnings for participants be calculated once their Active End Date has elapsed?

A) Earnings will not be calculated if their Active End Date has elapsed.
B) Earnings will not be calculated if their Compensation End date has elapsed.
C) Earnings will be calculated foe participants as long as they remainassigned to a compensation plan.
D) Earnings will be calculatedlotparticipants as long as they exist m the fusion Incentive Compensation system.

4. Which three participant related data can be used in calculation expressions without usinguserdefined functions?

A) Employee Descriptive Flexfields
B) Participant Details Descriptive Flexfields
C) Participant Header Descriptive Flexfields
D) Resource Descriptive Flexfields
E) Standard Participant Fields such as currency code or cost center

5. You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

A) CN_SRP_PARTICIPANTS_ALL
B) CN_SRP_SUBLEDGER_ALL
C) CN_TP_TRANSACTIONS_ALL
D) CN_SRP_PIAN_C0HPONENTS_ALL
E) CN_SRP_PER_FORM_METRICS_ALL

Solutions: