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Updated: Jun 01, 2026
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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?
A) Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment
B) Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment
C) Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
D) Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment
E) Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
2. 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 Operating Currency as USD and Processing Currency as USD.
B) Select Processing Currency as USD only. Operating Currency is not mandatory.
C) Select Operating Currency as USD and select Processing Currency as Operating Currency.
D) Select Operating Currency as USD andselect Processing Currency as Participant's Home Currency.
3. A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.
A) Status is set to 'Active' for all of the required months.
B) 'Display period data in participant reports' is selected.
C) Report to work area mapping isdefined for each period.
D) Start and end dates for the fiscal months are valid.
4. Which option will never have access to the full Business Unit?
A) the Compensation Manager
B) the Sales Manager and the Participant
C) the Participant
D) the Compensation Analyst and the Participant
E) the Compensation Analyst
5. Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?
A) Set up the P2T tasks in Functional Setup Manager.
B) Enter a Service Request with My Oracle Support.
C) Align your patch levelbetween Production and Test environments.
D) Import the Compensation Plans.
E) Upgrade Production to the next release.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: A,C |
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