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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Setup and Configuration- Security Configuration
  • 1. Roles and privileges
    • 2. Access control setup
      - Application Setup
      • 1. Initial configuration and prerequisites
        • 2. System parameters and preferences
          Compensation Plans and Rules- Credit and Allocation Rules
          • 1. Territory and assignment rules
            • 2. Credit rules configuration
              - Plan Design
              • 1. Commission structure definition
                • 2. Quota and target setup
                  Incentive Compensation Cloud Overview- Core Concepts of Incentive Compensation
                  • 1. Key terminology and components
                    • 2. Purpose and business use cases
                      Incentive Calculation and Processing- Calculation Engine
                      • 1. Error handling and adjustments
                        • 2. Run cycles and processing logic
                          Reporting and Administration- Reports and Analytics
                          • 1. Performance tracking
                            • 2. Standard reports usage
                              - System Administration
                              • 1. Data loading and maintenance
                                • 2. Monitoring and troubleshooting

                                  Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

                                  Question #1

                                  A profile option is set at Site and User levels. Which one takes precedence?

                                  • A. Global
                                  • B. Product
                                  • C. user
                                  • D. Site
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).

                                  Question #2

                                  Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?

                                  • A. while creating subject areas for Incentive Compensation Reporting
                                  • B. whileexecuting the program to enable Descriptive Flex-field for BI Reporting
                                  • C. while deploying the flexfield by selecting the Enable for Reporting check box
                                  • D. while defining the segments by selecting the Enable for Reporting check box
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Question #3

                                  Of what type of role is Incentive Compensation Analyst an example?

                                  • A. Job
                                  • B. Abstract
                                  • C. Work Area
                                  • D. Duty
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

                                  Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).

                                  Question #4

                                  Will the earnings for participants be calculated once their Active End Date has elapsed?

                                  • A. Earnings will not be calculated if their Active End Date has elapsed.
                                  • B. Earnings will not be calculated if their Compensation End date has elapsed.
                                  • C. Earnings will be calculatedlotparticipants as long as they exist m the fusion Incentive Compensation system.
                                  • D. Earnings will be calculated foe participants as long as they remainassigned to a compensation plan.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Question #5

                                  Which three participant related data can be used in calculation expressions without usinguserdefined functions?

                                  • A. Participant Header Descriptive Flexfields
                                  • B. Employee Descriptive Flexfields
                                  • C. Resource Descriptive Flexfields
                                  • D. Participant Details Descriptive Flexfields
                                  • E. Standard Participant Fields such as currency code or cost center
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,D  🗳️

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