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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. View the following credit rule hierarchy:

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?

A) The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
B) The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
C) The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
D) The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.

3. A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.

A) Assign the participant to a new role and resource group.
B) Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.
C) Assign the participant to the global business unit and global role,
D) Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.

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

A) 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.
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 both plan components andperformance measures in your expression.
D) You can use the metrics of a plan component but not of a performance measure in your expression.
E) You can use the metrics of a performance measure but not of a plan component in your expression.

5. A performance measure is to be set up to determine the commission rate using total sales attainmentpercentage for a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How would you set up this performance measure?

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

Solutions: