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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

2. Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules,andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

A) Incentive Compensation Participant Detail Import
B) Incentive Compensation Classification Rule Import
C) Incentive Compensation Participant Goal Import
D) Incentive Compensation Participant Import
E) Incentive Compensation Transaction Import
F) Incentive Compensation Credit Category Import
G) Incentive Compensation Compensation Plan Import

3. Which three participant related data can be used in calculation expressions without usinguserdefined functions?

A) Participant Header Descriptive Flexfields
B) Standard Participant Fields such as currency code or cost center
C) Participant Details Descriptive Flexfields
D) Employee Descriptive Flexfields
E) Resource Descriptive Flexfields

4. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

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

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

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

Solutions: