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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Administering the Incentive Compensation System- Participant and role management
- Classification and crediting setup
Understanding Oracle Incentive Compensation Cloud- Core implementation tasks and functional setup topics
- Exam objectives and exam focus areas
Configuring Incentive Compensation Plans- Creation and management of compensation plans
- Performance measures and plan components
Transaction Processing and Reporting- Reporting, dashboards, and analytics
- Transaction classification and calculation

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

Which three statements are true regarding Classification?

  • A. Classification process must be run before the Crediting process.
  • B. Classification rules are used to classify transactions into meaningful credit categories.
  • C. Rule criteria involve one or more transaction attributes.
  • D. Qualifiers are ANDed and qualifier attribute values are ORed.
  • E. Classification splits the credits among the participant credit receivers.
Reveal Solution  Discussion  0

Correct Answer: A,C,D  🗳️

An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string'MORE'; ifthetransaction amount is less than 1000, it should returnthestring 'LESS'; and if the transaction amount is equal to 1000, It should return thestring'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?

  • A. Option B
  • B. Option E
  • C. Option D
  • D. OptionA
  • E. Option C
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?

  • A. System Administrator Business Analyst, Reporting Specialist, Project Manager
  • B. Business Analyst, DBA, Reporting Specialist, Data Specialist
  • C. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
  • D. System Administrator, Business Analyst, DBA, Project Manager
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Which three are reports you can customize few Mobile Commissions?

  • A. Payments: Payment transactions and related details of the sales participant
  • B. Analytics: Details of the recent analysis of the sales participant
  • C. Disputes: Details of the recent disputes raised by the sales participant
  • D. Credits: Credits and related details of the sales participant
  • E. Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int
Reveal Solution  Discussion  0

Correct Answer: A,C,D  🗳️

Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).

Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

  • A. Configure in Production instance from the start of the project.
  • B. Conduct thorough requirement sessions to determine priorities.
  • C. Import datathat fits out of the box and enable reporting.
  • D. Start small and add functionality incrementally.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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