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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit. Which method do you use to set up multiple calendars for incentive compensation business units?

A) Go to theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.
B) Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
C) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.
D) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.

2. Which statement is true for theparticipant home currency?

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

3. Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.

A) INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
B) INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
C) APPLICATION IMPLEMENTATION CONSUI TANT
D) COMPENSATION PLAN ADMINISTRATOR
E) BI_ADMINISTRATOR

4. You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

A) CN_SRP_PIAN_C0HPONENTS_ALL
B) CN_SRP_SUBLEDGER_ALL
C) CN_SRP_PER_FORM_METRICS_ALL
D) CN_TP_TRANSACTIONS_ALL
E) CN_SRP_PARTICIPANTS_ALL

5. Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A) XC BASE_TRANS_DFF
B) CM_TP_TRANSACTIOM_DFP
C) FIC_TRANSACTION_DFF
D) CN_TP_BASETRAHS_DFF

Solutions: