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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A profile option is set at Site and User levels. Which one takes precedence?

A) Site
B) user
C) Global
D) Product

2. The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

A) Payment batches can be edited and reprocessed.
B) No adjustment can be done for that period.
C) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
D) Pay sheets can be adjustedaccordingly.

3. The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

A) Payment batches can be edited and reprocessed.
B) No adjustment can be done for that period.
C) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
D) Pay sheets can be adjustedaccordingly.

4. 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 Credit Hierarchy, Classifyaftercrediting
C) Rollup using Rollup Hierarchy, Classify after crediting
D) Rollup using Credit Hierarchy, Classify before crediting

5. The Implementation team is trying to determine how many business units (BUs) are needed.Whichconsideration requires the creation of multiple BUs?

A) different currencies for payment of participants
B) The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation.
C) The running of processes, the management of participant assignments, and the administrative access to data must beseparated by principal lines of business.
D) Operating currency is different to the currency in which calculations are performed.
E) different General Ledger account structures

Solutions: