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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.

A) Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.
B) Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.
C) Assign the participant to the global business unit and global role,
D) Assign the participant to a new role and resource group.

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

3. You must create a request set for simplifying the Incentive Compensation processes for your end customer.
You asked Oracle Support to put the programs in the following sequence:
1. Revert Transaction
2. Run Crediting and Rollup
3. Run Classify Credits
4. Calculate
Whicharethe correct values of the corresponding BU parameters?

A) Rollup using Rollup Hierarchy, Classify after crediting
B) Rollup using Credit Hierarchy, Classify before crediting
C) Rollup Using= Both, Classify after crediting
D) Rollup using Credit Hierarchy, Classifyaftercrediting

4. An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?

A) The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.
B) The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
C) The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
D) The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.

5. Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

A) Import datathat fits out of the box and enable reporting.
B) Conduct thorough requirement sessions to determine priorities.
C) Start small and add functionality incrementally.
D) Configure in Production instance from the start of the project.

Solutions: