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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

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

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

3. Which statement is true regarding role inheritance?

A) Roles are not inherited; they are assigned at their lowest level.
B) Duty roles are inherited by job roles.
C) Abstract roles are inherited by Job roles
D) Jobandabstract roles are inherited by duty roles.

4. You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Althoughsome of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?

A) Select Processing Currency as USD only. Operating Currency is not mandatory.
B) Select Operating Currency as USD and select Processing Currency as Operating Currency.
C) Select Operating Currency as USD andselect Processing Currency as Participant's Home Currency.
D) Select Operating Currency as USD and Processing Currency as USD.

5. Which format must the date column value have In File Based Data Import?

A) Date format is configurable
B) YYYY/MM/DD
C) MM/DD/YYYY
D) DD/MM/YYYY

Solutions: