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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A classification ruleshierarchyis set up as:

The performance measure 'Storage attainment' is associated withcategory STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE.
If the transaction is:

What will the application do when the Classification and Calculation processes are run?

A) associate the credit category HARD DRIVE with the transaction during the Classification process andlater, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment')
B) associate both credit categories (STORAGE and HARD DRIVE) withKm-transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
C) associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment'
D) associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure
'Storage attainment'
E) associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment*

2. A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.

A) Status is set to 'Active' for all of the required months.
B) Report to work area mapping isdefined for each period.
C) Start and end dates for the fiscal months are valid.
D) 'Display period data in participant reports' is selected.

3. A compensation analyst wants to pay commissions calculated for period 4 that were initially missed. The current datefalls into period 8, and the last paid payment batch was in period 7.
Identify two options available for the compensation analyst to pay for period 4 commissions.

A) Create and pay a payment batch for period 8.
B) Create and pay another payment batch for period 4.
C) Create and pay another payment batch for period 6.
D) Create and pay another payment batch for period 5.
E) Create and pay another payment batch for period 7.

4. Which option will never have access to the full Business Unit?

A) the Compensation Analyst
B) the Compensation Analyst and the Participant
C) the Sales Manager and the Participant
D) the Participant
E) the Compensation Manager

5. Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.
Identify the two options this is based on.

A) all the participants associated with that customer
B) all the participants in theorganization
C) Rollup date
D) Rollup hierarchy effective for that date
E) all the participants in the compensation group

Solutions: