Oracle Incentive Compensation Cloud 2018 Implementation Essentials

QUESTION NO: 1
Which two statements are true regarding the Complete Calculation process?

A. recalculates all transactions for a given period B. limited to only a particular sales hierarchy C. meant for minor changes that affect few participants D. can be time-consuming on very large volume transactions

Correct Answer: A,D

QUESTION NO: 2
You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

A. Export and Import reports by using the archive/unarchive function. B. Clone custom objects in Application Composer C. Export Compensation Plans to XML D. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.

Correct Answer: B

QUESTION NO: 3
Which three are reports you can customize few Mobile Commissions?

A. Payments: Payment transactions and related details of the sales participant B. Credits: Credits and related details of the sales participant C. Reimbursements: Reimbursements and related details of the sale*, ii.ntic ip.int D. Disputes: Details of the recent disputes raised by the sales participant E. Analytics: Details of the recent analysis of the sales participant

Correct Answer: A,B,D

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 4
By using which method can a new participant be created In the Incentive Compensation application?

A. using the Import Participant process B. using the Create Participant task in Setup and Maintenance C. manually in the UI D. using the Create Participant Web Service

Correct Answer: B

QUESTION NO: 5
An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date for two periods with a different end date.
Which Statement represents the error for this scenario?

A. Please select the period type for each newly-added period row. B. The period is overlapping with system defined quarterly period. C. The start date cannot be later than the end date for a period. D. The date range should not overlap with any other period.

Correct Answer: C

QUESTION NO: 6
Which three statements are true regarding Classification?

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

Correct Answer: A,B,D

QUESTION NO: 7
In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A. There will be no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits. B. The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit. C. The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits. D. The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits. E. The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.

Correct Answer: E

QUESTION NO: 8
The Implementation team is trying to determine how many business units (BUs) are needed. Which consideration requires the creation of multiple BUs?

A. The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation. B. Operating currency is different to the currency in which calculations are performed. C. The running of processes, the management of participant assignments, and the administrative access to data must be separated by principal lines of business. D. different currencies for payment of participants E. different General Ledger account structures

Correct Answer: A

Oracle Incentive Compensation Cloud 2018 Implementation Essentials - 1Z1-1015 Exam Questions