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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The estimated Compensation module_________

A) uses Opportunitiesin Sales Cloud to calculate what earnings would be if they became orders
B) allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
C) updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
D) both B and C
E) works in runtime mode and can be invoked via a web service from third-party applications
F) both B and D

2. You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

A) CN_TP_TRANSACTIONS_ALL
B) CN_SRP_PARTICIPANTS_ALL
C) CN_SRP_SUBLEDGER_ALL
D) CN_SRP_PIAN_C0HPONENTS_ALL
E) CN_SRP_PER_FORM_METRICS_ALL

3. A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?

A) Set Process Transaction =Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.
B) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.
C) Set Process Transaction= Individually and Interval - Quarter, select Running Total, select Accumulate for input expression 'credit transaction amount', and enter targets in the plan component associated with theperformance measure.
D) Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.

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

5. Which two methods are valid when assigning a pay group to a participant?

A) Assign the pay group tothe credit category and allow the participant to inherit the pay group.
B) If there is only one paygroup, all participants are automatically assigned to the pay group.
C) Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
D) Assign the pay group directly to the participant.
E) Assign the role to the pay group and allow the participant to inherit the pay group.

Solutions: