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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which two statements are true when you create an expression?

A) You can use the metrics of a plan component but not of a performance measure in your expression.
B) An expression like Credit.Credit Amount* SUM(Credit.Quantity) will be valid because the application allows you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
C) You can use the metrics of a performance measure but not of a plan component in your expression.
D) You can use the metrics of both plan components andperformance measures in your expression.
E) Anexpression like Credit.Credit__Amount*SUM(Credit.Quantity) will be invalid because the application does not allow you to mix aggregate functions with nonaggregated transactional attributes in the same expression.

2. Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

A) Conduct thorough requirement sessions to determine priorities.
B) Configure in Production instance from the start of the project.
C) Import datathat fits out of the box and enable reporting.
D) Start small and add functionality incrementally.

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

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

4. Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?

A) while defining the segments by selecting the Enable for Reporting check box
B) while deploying the flexfield by selecting the Enable for Reporting check box
C) whileexecuting the program to enable Descriptive Flex-field for BI Reporting
D) while creating subject areas for Incentive Compensation Reporting

5. Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.
Identify the two options this is based on.

A) all the participants in theorganization
B) Rollup date
C) Rollup hierarchy effective for that date
D) all the participants in the compensation group
E) all the participants associated with that customer

Solutions: