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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A payment plan is to be configured to pay a minimum (draw) flat amount of 8,000 per period, which is nonrecoverable. Payment adjustments must be applied only to commission type earnings, and bonus earnings should not be adjusted by the payment plan.
How should you configure the payment plan?

A) Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select 'No' for the Minimum Recovery option.
B) Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select the 'Yes' for the Minimum Recovery option and 'Immediate' for the Recovery Start option.
C) Associate the "Commission" payment group category to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category dropdown, enter 8,000 in the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select "Yes" for the Carry Forward Maximum drop down, and select 'No' for the Minimum Recovery option.
D) Associate the 'Commission' payment group category to "Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 In the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select 'Yes' for the Carry forward Maximum drop down, select 'Yes'for the Minimum Recovery option, and
'Immediate' for the Recovery Start option.

2. Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?

A) System Administrator, Business Analyst, DBA, Project Manager
B) Business Analyst, DBA, Reporting Specialist, Data Specialist
C) System Administrator Business Analyst, Reporting Specialist, Project Manager
D) Business Analyst, Reporting Specialist, Data Specialist, Project Manager

3. Youwant to move configuration from Development Instance to Production Instance. Which three entities can be moved by using out of the box XML download and upload functionality?

A) Participant
B) Credit Categories
C) PaymentPlans
D) Classification Rules
E) Analyst
F) Credit Rules
G) BU Parameter
H) PayGroups
I) Compensation Plan

4. In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A) The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
B) The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
C) The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
D) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
E) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.

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: