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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The status of the ESS (Enterprise Scheduler Service) requestis 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A) Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.
B) Answer B plus-You must run Deploy Credit Rules for the correct date range.
C) The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.
D) Answer B plus-You must set 'Enable Rollup' to 'Yes1and select 'Rollup in Credit Hierarchy.
E) Answer B plus-You must assign the correct credit category to the performance measure.

2. A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter of a fiscal year identify the three steps that the incentive compensation application administrator must take to set up this requirement before associating the reward with a plan component. In this case, the fiscal year corresponds to the calendaryear.

A) Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.
B) Add a new row to the Conversion Factor section for the earning type 'Point Rewards'
C) Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.
D) Select the earning type to 'Monetary Earnings', define a conversion factor = 1, and define Start Date =
01-Oct and End Date - 31 Dec for the fiscal year.
E) Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.

3. Which two statements are true when you create an expression?

A) Anexpression like Credit.Credit__Amount*SUM(Credit.Quantity) will be invalid because the application does not allow you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
B) An expression like Credit.Credit Amount* SUM(Credit.Quantity) will be valid because the application allows you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
C) You can use the metrics of both plan components andperformance measures in your expression.
D) You can use the metrics of a performance measure but not of a plan component in your expression.
E) You can use the metrics of a plan component but not of a performance measure in your expression.

4. By using which method can a new participant be created In the Incentive Compensation application?

A) using the Create Participant task in Setupand Maintenance
B) manually in the UI
C) using the Import Participant process
D) using the Create Participant Web Service

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) Rollup date
C) all the participants in theorganization
D) Rollup hierarchy effective for that date
E) all the participants in the compensation group

Solutions: