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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Participants, Payments, and Reporting | 15% | - Maintenance and Troubleshooting - Analytics, Dashboards, and Reports - Participant Setup and Hierarchies - Paysheets and Payment Administration |
| Topic 2: Overview of Incentive Compensation Cloud | 15% | - Security and Access Control - Key Concepts and Architecture - Implementation Methodology |
| Topic 3: Compensation Plans and Components | 25% | - Performance Measures and Formulas - Rate Tables and Tiers - Earnings and Calculation Logic - Plan Design and Creation |
| Topic 4: Classification and Crediting | 20% | - Transaction Classification Rules - Crediting Hierarchies and Rules - Processing Transactions |
| Topic 5: Core Setup and Configuration | 25% | - Calendars, Periods, and Currencies - Profile Options and Parameters - Enterprise Structure and Reference Data |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this beaccomplished?
- A. Create a new role template.
- B. Create a new role and add read privileges.
- C. Copy the Analyst Role and delete all privileges in the provisioning template other than Read.
- D. Copy the Participant role and add Analyst Duty Roles.
Correct Answer: B 🗳️
Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions and data a user has access to?
- A. Responsibility
- B. Security Profile
- C. Role
- D. Job
Correct Answer: D 🗳️
A regional sales manager is promoted to a higherposition and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?
- A. Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.
- B. Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit
- C. No additional configurations are required because the application accommodates cross-region rollups.
- D. Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
Correct Answer: A 🗳️
A team rollup rule has five credit receivers witheach teammember reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?
- A. No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.
- B. The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.
- C. The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.
- D. Only the direct credit receiver's manager will receive the managerial rollup credit.
- E. All team member managers will receive the managerial rollup credit.
Correct Answer: C 🗳️
You have been asked to create a report by using internal and external data sources. Identify Oracle's recommended approach for building a custom report.
- A. BI Analytics
- B. BI Publisher
- C. OTBI Reports
- D. BI Answers
Correct Answer: B 🗳️

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