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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Administration | - System Administration
|
| Topic 2: Incentive Calculation and Processing | - Calculation Engine
|
| Topic 3: Incentive Compensation Cloud Overview | - Core Concepts of Incentive Compensation
|
| Topic 4: Compensation Plans and Rules | - Plan Design
|
| Topic 5: Setup and Configuration | - Application Setup
|
1. An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date fortwo 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 date range should not overlap with any other period.
C) The start date cannot be later than the end date for a period.
D) The period is overlapping with system defined quarterly period.
2. Which statement is true about classification rules and credit categories?
A) You can associatemultiple credit categories to a classification rule.
B) You can define the split credit percentage at classification rule UI.
C) You can associate classification rule to credit category via performance measure.
D) You can associate only one credit category to a classification rule.
3. You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?
A) CN_SRP_PER_FORM_METRICS_ALL
B) CN_SRP_SUBLEDGER_ALL
C) CN_SRP_PIAN_C0HPONENTS_ALL
D) CN_TP_TRANSACTIONS_ALL
E) CN_SRP_PARTICIPANTS_ALL
4. You have to write a custom function that accesses the performancemeasure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?
A) CN TP KEASURE_RESULTS_ALL
B) CN SRP_PER_FORM_METRICS_ALL
C) CW_TP_EARNINGS_ALL
D) CM SRP PARTICIPANTS ALL
5. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option B
B) Option D
C) Option C
D) Option A
E) Option E
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C,E |
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