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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

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. 'Display period data in participant reports' is selected.
D. Start and end dates for the fiscal months are valid.

Question 2

A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?

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

Question 3

The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

A. Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
B. Payment batches can be edited and reprocessed.
C. Pay sheets can be adjustedaccordingly.
D. No adjustment can be done for that period.

Question 4

The estimated Compensation module_________

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

Question 5

Performance Measures can be addedto expressions in the expression builder. Which structures are supported?

A. The goalof one performance measure can be used in the formulaexpression of a different performance measure.
B. A and D
C. The output of five performance measures can be combined in the formula expression of a plan component.
D. A, B, and C
E. Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
F. Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.

Solutions: