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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The status of the ESS (Enterprise Scheduler Service) requestis 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A) Answer B plus-You must set 'Enable Rollup' to 'Yes1and select 'Rollup in Credit Hierarchy.
B) Answer B plus-You must run Deploy Credit Rules for the correct date range.
C) The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.
D) Answer B plus-You must assign the correct credit category to the performance measure.
E) Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.

2. In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
B) The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
C) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
D) The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
E) The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.

3. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

A) Participant Home
B) Functional
C) Processing
D) Operating

4. You have a plan component, PCI, whoso output is dependent onplan component, PC2. Which two statements are true about achieving the stated objective?

A) PCI must have Calculation Phase as,Phase2' and PC2 must have calculation phase as 'Phase 1'.
B) PCI must have Calculation sequence less than that of PC2.
C) PCI must have Calculation sequence greater than that of PC2.
D) PCI must have Calculation Phase as 'Phase 1' and PC2 must have calculation phase as 'Phase2'.

5. A performance measure is to be set up to determine the commission rate using total sales attainmentpercentage for a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How would you set up this performance measure?

A) Set Process Transaction = Individually and Interval=Quarter, select Running Total, select Accumulate for input expressions 'transaction amount', and enter targets directly in the performance measure
B) Set Process Transaction - Grouped By Interval and Interval = Quartet, have the input expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets directly inthe 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 the performance measure.
D) Set Process Transaction = Grouped By Interval and Interval = Quarter, have theinput expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets in the plan component associated with the performance measure.

Solutions: