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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?

A) Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment
B) Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
C) Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
D) Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment
E) Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment

2. Your client is tuning four performance measures with the same output expression 'SUM (Credit.Credit Amount)' and no scorecard. The following transactions were processed through the performance measure.

On examining closely, you found that though performance measure has the same output expression, the output (refer below) for the performance measure is not equal.

Which performance measure attribute is responsible for this variation?

A) Unit of Measure
B) Process Transactions
C) Performance Interval
D) Distribute By

3. Which format must the date column value have In File Based Data Import?

A) MM/DD/YYYY
B) YYYY/MM/DD
C) Date format is configurable
D) DD/MM/YYYY

4. Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules,andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

A) Incentive Compensation Participant Detail Import
B) Incentive Compensation Classification Rule Import
C) Incentive Compensation Participant Goal Import
D) Incentive Compensation Participant Import
E) Incentive Compensation Transaction Import
F) Incentive Compensation Credit Category Import
G) Incentive Compensation Compensation Plan Import

5. You have created one performance measure, PM1, which has the following definition with calculation sequence 1.

You want to refer PMl output in performance measure 2 having calculation sequence 2. Which two statements are true?

A) You can refer to attribute Measure result .PMl.PTD Output Achieved.
B) You can refer to attribute Measure result.PMl.Output.
C) You can refer to attribute Measure result.PMl.Input.
D) You cannot access output of PMl In output expression of PMl.
E) You can refer to attribute Measure result.PMl.PTD Output Achieved.

Solutions: