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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?

A) The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
B) The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
C) The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
D) The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.

2. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option D
B) Option B
C) Option C
D) Option E
E) Option A

3. Of what type of role is Incentive Compensation Analyst an example?

A) Work Area
B) Abstract
C) Job
D) Duty

4. Your client wants to encourage continuous growth from quarter, toquarterto ensure its representatives are pushing themselves and growing the business. As such, your client has created a quarterly SPIF(Sales Promotion Incentive Fund) to reward growth. The client wants to take the current quarter's attainment, and compare it to prior quarters. If growth Is positive, the client will give them an additional$2000.If not, then nothing.
Which expression should you use to meet the requirement?

A) Rolling Average Attainment
B) YTD (Year-to date) Target Incentive
C) Previous Interval Attainment
D) Date Difference

5. A company has itsclassificationrules, which are at the samelevel in the hierarchy, set up as:

Whichoption showsthecredit category or categoriesthatwill be assigned to this transaction during the Classification process?

A) COMPUTERS
B) INTEL
C) TOSHIBA
D) LAPTOP

Solutions: