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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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) Assign the participant to the global business unit and global role,
C) 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.
D) Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.


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


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. In which section of the Home screen dousers receive notifications generated by the Approvals functionality?

A) Activity Stream
B) Approval Manager
C) BPM Worklist
D) Worklist: Notifications and Approvals


5. An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?

A) The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.
B) The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
C) The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
D) The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: D,E
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: B

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