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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earnedamount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?

A) Measure result.PM1.Output
B) SUM ( Credit.Credit Amount )
C) Measureresult.PM1.PTDOutputAchieved
D) Credit.Credit Amount

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

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

3. 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 '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.
B) The administrator must have defined'Point Rewards' as a monetary earning type.
C) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.
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.

4. View the following credit rule hierarchy:

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?

A) The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
B) The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
C) The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.
D) The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.

5. The estimated Compensation module_________

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

Solutions: