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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.

A) Report to work area mapping isdefined for each period.
B) Status is set to 'Active' for all of the required months.
C) Start and end dates for the fiscal months are valid.
D) 'Display period data in participant reports' is selected.

2. A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?

A) Set Process Transaction= Individually and Interval - Quarter, select Running Total, select Accumulate for input expression 'credit transaction amount', and enter targets in the plan component associated with theperformance measure.
B) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.
C) Set Process Transaction =Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.
D) Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.

3. 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

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

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

5. Which statement is true about classification rules and credit categories?

A) You can define the split credit percentage at classification rule UI.
B) You can associate only one credit category to a classification rule.
C) You can associatemultiple credit categories to a classification rule.
D) You can associate classification rule to credit category via performance measure.

Solutions: