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

2. Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?

A) while deploying the flexfield by selecting the Enable for Reporting check box
B) while defining the segments by selecting the Enable for Reporting check box
C) whileexecuting the program to enable Descriptive Flex-field for BI Reporting
D) while creating subject areas for Incentive Compensation Reporting

3. 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 another payment batch for period 7.
B) Create and pay another payment batch for period 6.
C) Create and pay another payment batch for period 5.
D) Create and pay another payment batch for period 4.
E) Create and pay a payment batch for period 8.

4. Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?

A) Import the Compensation Plans.
B) Enter a Service Request with My Oracle Support.
C) Upgrade Production to the next release.
D) Align your patch levelbetween Production and Test environments.
E) Set up the P2T tasks in Functional Setup Manager.

5. You want to create compensation plans for a new businessunit and found that the plans are similar to the existing compensation plans. How can you achieve this?

A) You can export the compensation plans from current business unit. Log in to the new business unit and import them into the new business unit, but you must create plan components andperformance measures manually.
B) You can use db tools to copy the compensation plans from one business unit to another.
C) You can only manually create them in the new businessunit, as you cannot Import plans exported from another business unit.
D) You can export the compensation plans from current business unit. Log In to the new business unit and import them into the new business unit, which imports the complete compensation plans with the associated plan components.

Solutions: