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| Section | Objectives |
|---|---|
| Topic 1: Transaction Processing and Reporting | - Transaction classification and calculation - Reporting, dashboards, and analytics |
| Topic 2: Configuring Incentive Compensation Plans | - Performance measures and plan components - Creation and management of compensation plans |
| Topic 3: Understanding Oracle Incentive Compensation Cloud | - Core implementation tasks and functional setup topics - Exam objectives and exam focus areas |
| Topic 4: Administering the Incentive Compensation System | - Participant and role management - Classification and crediting setup |
1. Performance Measures can be addedto expressions in the expression builder. Which structures are supported?
A) The goalof one performance measure can be used in the formulaexpression of a different performance measure.
B) A and D
C) Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
D) The output of five performance measures can be combined in the formula expression of a plan component.
E) A, B, and C
F) Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
2. A compensation analyst wants to pay commissions calculated for period 4 that were initially missed. The current datefalls into period 8, and the last paid payment batch was in period 7.
Identify two options available for the compensation analyst to pay for period 4 commissions.
A) Create and pay a payment batch for period 8.
B) Create and pay another payment batch for period 4.
C) Create and pay another payment batch for period 6.
D) Create and pay another payment batch for period 7.
E) Create and pay another payment batch for period 5.
3. 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) Status is set to 'Active' for all of the required months.
B) Report to work area mapping isdefined for each period.
C) Start and end dates for the fiscal months are valid.
D) 'Display period data in participant reports' is selected.
4. Your configurations and reports are moved to the Production environment. You want to copy thorn to your Test environment. When should you schedule P2T?
A) when P2T tasks are set up In FSM
B) once Production and Test are aligned on the same patch
C) after the next patch is applied to Test
D) after the next patch is applied to Production
5. A company has itsclassificationrules, which are at the samelevel in the hierarchy, set up as:
Whichoption showsthecredit category or categoriesthatwill be assigned to this transaction during the Classification process?
A) LAPTOP
B) COMPUTERS
C) TOSHIBA
D) INTEL
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: A,B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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Oracle Incentive Compensation Cloud 2020 Implementation Essentials
Oracle Incentive Compensation Cloud 2021 Implementation Essentials
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