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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your client wants to encourage continuous growth from quarter, toquarterto ensure its representatives are pushing themselves and growing the business. As such, your client has created a quarterly SPIF(Sales Promotion Incentive Fund) to reward growth. The client wants to take the current quarter's attainment, and compare it to prior quarters. If growth Is positive, the client will give them an additional$2000.If not, then nothing.
Which expression should you use to meet the requirement?

A) Previous Interval Attainment
B) Date Difference
C) Rolling Average Attainment
D) YTD (Year-to date) Target Incentive

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

3. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

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

4. Which statement is true for theparticipant home currency?

A) A participant can be compensated for an invoice booked only in the participant's home currency.
B) A participant's home currency must be the same for all participants in the organization.
C) A participant's home currency must be the same as the operating currency.
D) A participant can be compensated for an invoice booked in a currency different from the participant's home currency.

5. A profile option is set at Site and User levels. Which one takes precedence?

A) Global
B) Product
C) user
D) Site

Solutions: