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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Administering the Incentive Compensation System | - Participant and role management - Classification and crediting setup |
| Understanding Oracle Incentive Compensation Cloud | - Core implementation tasks and functional setup topics - Exam objectives and exam focus areas |
| Transaction Processing and Reporting | - Reporting, dashboards, and analytics - Transaction classification and calculation |
| Configuring Incentive Compensation Plans | - Performance measures and plan components - Creation and management of compensation plans |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. You have to write a custom function that accesses the performancemeasure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?
A) CW_TP_EARNINGS_ALL
B) CN TP KEASURE_RESULTS_ALL
C) CM SRP PARTICIPANTS ALL
D) CN SRP_PER_FORM_METRICS_ALL
2. Which statement is true for theparticipant home currency?
A) A participant can be compensated for an invoice booked in a currency different from the participant's home currency.
B) A participant's home currency must be the same for all participants in the organization.
C) A participant can be compensated for an invoice booked only in the participant's home currency.
D) A participant's home currency must be the same as the operating currency.
3. Which two statements are true for individualized compensation plan values?
A) Individualized ratevalues for a participant take precedence over original compensation plan rate values.
B) Individualized compensation plan values summarize transactions during the Calculation phase.
C) A participant can personalize the compensation plan view if the Individualize option is selected.
D) A participant's manager can personalize the compensation plan view if the Individualize option is selected.
E) Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
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. Which three are reports you can customize few Mobile Commissions?
A) Payments: Payment transactions and related details of the sales participant
B) Credits: Credits and related details of the sales participant
C) Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int
D) Disputes: Details of the recent disputes raised by the sales participant
E) Analytics: Details of the recent analysis of the sales participant
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A,B | Question # 4 Answer: A,B | Question # 5 Answer: A,B,D |





