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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The 'Run Crediting and Rollup'process request completes successfully but no credits are created. Which three configurations must be verified?

A) The same participants are not assigned to multiple credit rules in the hierarchy.
B) Participants assigned to a direct credit rule do not have the Manager role.
C) The 'Deploy Credit Rule' process was run after the credit rules were created.
D) 'EnableDirect Crediting* is set to 'Yes' on the 'Manage Parameters'page.
E) The 'Deploy Compensation Plans' process was run after thecredit rules were created.
F) The transaction event date falls between thecredit rule start and end dates.

2. You have to write a custom function that accesses the performancemeasure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?

A) CW_TP_EARNINGS_ALL
B) CM SRP PARTICIPANTS ALL
C) CN SRP_PER_FORM_METRICS_ALL
D) CN TP KEASURE_RESULTS_ALL

3. You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

A) Export Compensation Plans to XML
B) Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
C) Clone custom objects in Application Composer
D) Export and Import reports by using the archive/unarchive function.

4. An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement istrue to identify the root cause of the error?

A) The administrator must have defined'Point Rewards' as a monetary earning type.
B) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.
C) The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
D) The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
E) The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.

5. A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.

A) Report to work area mapping isdefined for each period.
B) 'Display period data in participant reports' is selected.
C) Status is set to 'Active' for all of the required months.
D) Start and end dates for the fiscal months are valid.

Solutions: