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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:

1. 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.


2. 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


3. 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


4. 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


5. 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.


Solutions:

Question # 1
Answer: A,C,D
Question # 2
Answer: A,C
Question # 3
Answer: C
Question # 4
Answer: A,C,D
Question # 5
Answer: D

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