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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Participants, Payments, and Reporting15%- Maintenance and Troubleshooting
- Analytics, Dashboards, and Reports
- Participant Setup and Hierarchies
- Paysheets and Payment Administration
Topic 2: Overview of Incentive Compensation Cloud15%- Security and Access Control
- Key Concepts and Architecture
- Implementation Methodology
Topic 3: Compensation Plans and Components25%- Performance Measures and Formulas
- Rate Tables and Tiers
- Earnings and Calculation Logic
- Plan Design and Creation
Topic 4: Classification and Crediting20%- Transaction Classification Rules
- Crediting Hierarchies and Rules
- Processing Transactions
Topic 5: Core Setup and Configuration25%- 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.
Reveal Solution  Discussion  0

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
Reveal Solution  Discussion  0

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.
Reveal Solution  Discussion  0

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.
Reveal Solution  Discussion  0

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
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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