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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A) Create a team credit rule for this state and assign the participant as a credit receive
B) Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
C) Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier
D) Create a rollup hierarchy rule and assign the participant as a credit receiver.

2. A performance measure is to be set up to determine the commission rate using total sales attainmentpercentage for a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How would you set up this performance measure?

A) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'credit.transaction amount', and enter targets in the plan component associated with the performance measure.
B) Set Process Transaction - Grouped By Interval and Interval = Quartet, have the input expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets directly inthe performance measure.
C) Set Process Transaction = Individually and Interval=Quarter, select Running Total, select Accumulate for input expressions 'transaction amount', and enter targets directly in the performance measure
D) Set Process Transaction = Grouped By Interval and Interval = Quarter, have theinput expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets in the plan component associated with the performance measure.

3. The estimated Compensation module_________

A) uses Opportunitiesin Sales Cloud to calculate what earnings would be if they became orders
B) both B and C
C) allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
D) both B and D
E) works in runtime mode and can be invoked via a web service from third-party applications
F) updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation

4. Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?

A) Set up the P2T tasks in Functional Setup Manager.
B) Align your patch levelbetween Production and Test environments.
C) Import the Compensation Plans.
D) Upgrade Production to the next release.
E) Enter a Service Request with My Oracle Support.

5. When should you set 'Calculate Incentive = Per Event'while building a plan component?

A) when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
B) when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations
C) when the incentive Is to be calculated on a per transaction basis
D) when the incentive is to be calculated based on many transactions grouped over an Interval

Solutions: