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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules,andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

A) Incentive Compensation Participant Import
B) Incentive Compensation Participant Goal Import
C) Incentive Compensation Transaction Import
D) Incentive Compensation Classification Rule Import
E) Incentive Compensation Compensation Plan Import
F) Incentive Compensation Credit Category Import
G) Incentive Compensation Participant Detail Import

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

3. A report with relevance to Contacts has to be built to show the entire business life cycle associated to the Contact. The developer decides to design the report by combiningreports using SQL. He has taken care of having multiple logical statements based on common ID/Keys, yet he finds some issues due to Joins in reports.
Identify the technique that could resolve the Join issue.

A) This technique does not allow you to Join multiple logical SQL statements by using Inner Join and Outer Join.
B) This technique allows you to Join multiple logical SQL statements by using Equi Joins.
C) This technique allows you to Join multiple logical SQL statements by using Inner Join and Outer Join.
D) This technique allows you to Join multiple logical SQL statements by using Equi Join and Cross Join.
E) This technique allows you to Join multiple logical SQL statements by using Inner Join, Outer Join and Doss Join.

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

5. A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit. Which method do you use to set up multiple calendars for incentive compensation business units?

A) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.
B) Go to theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.
C) Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
D) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.

Solutions: