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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which option will never have access to the full Business Unit?

A) the Participant
B) the Compensation Manager
C) the Compensation Analyst
D) the Sales Manager and the Participant
E) the Compensation Analyst and the Participant

2. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option B
B) Option C
C) Option E
D) Option D
E) Option A

3. Which asset typo must you select for searching web service in Oracle Enterprise Repository?

A) Composite Service
B) Composite
C) ADF Service
D) ADF service Data Object

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

5. Which two statements are true for individualized compensation plan values?

A) A participant can personalize the compensation plan view if the Individualize option is selected.
B) Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
C) Individualized compensation plan values summarize transactions during the Calculation phase.
D) A participant's manager can personalize the compensation plan view if the Individualize option is selected.
E) Individualized ratevalues for a participant take precedence over original compensation plan rate values.

Solutions: