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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which three statements are true regarding Classification?

A) Classification rules are used to classify transactions into meaningful credit categories.
B) Qualifiers are ANDed and qualifier attribute values are ORed.
C) Classification splits the credits among the participant credit receivers.
D) Classification process must be run before the Crediting process.
E) Rule criteria involve one or more transaction attributes.

2. Your configurations and reports are moved to the Production environment. You want to copy thorn to your Test environment. When should you schedule P2T?

A) when P2T tasks are set up In FSM
B) once Production and Test are aligned on the same patch
C) after the next patch is applied to Test
D) after the next patch is applied to Production

3. 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 can be compensated for an invoice booked in a currency different from the participant's home currency.
D) A participant's home currency must be the same as the operating currency.

4. The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

A) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
B) No adjustment can be done for that period.
C) Pay sheets can be adjustedaccordingly.
D) Payment batches can be edited and reprocessed.

5. Which two statements are true about disputes?

A) Compensation Managers can reassign disputes todifferent analysts.
B) Participants can view the disputes they have created in their worklist
C) Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.
D) Disputes are assigned to the analyst who is associated with the participant creating the dispute.

Solutions: