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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview of Incentive Compensation Cloud | 15% | - Security and Access Control - Implementation Methodology - Key Concepts and Architecture |
| Topic 2: Compensation Plans and Components | 25% | - Earnings and Calculation Logic - Performance Measures and Formulas - Rate Tables and Tiers - Plan Design and Creation |
| Topic 3: Classification and Crediting | 20% | - Processing Transactions - Transaction Classification Rules - Crediting Hierarchies and Rules |
| Topic 4: Core Setup and Configuration | 25% | - Enterprise Structure and Reference Data - Calendars, Periods, and Currencies - Profile Options and Parameters |
| Topic 5: Participants, Payments, and Reporting | 15% | - Maintenance and Troubleshooting - Participant Setup and Hierarchies - Paysheets and Payment Administration - Analytics, Dashboards, and Reports |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
Which option will never have access to the full Business Unit?
- A. the Compensation Manager
- B. the Participant
- C. the Compensation Analyst and the Participant
- D. the Sales Manager and the Participant
- E. the Compensation Analyst
Correct Answer: B 🗳️
A report with relevance to Contacts has to be built to show the entire business life cycle associated to the Contact. The developer decides to design the report by combiningreports using SQL. He has taken care of having multiple logical statements based on common ID/Keys, yet he finds some issues due to Joins in reports.
Identify the technique that could resolve the Join issue.
- A. This technique allows you to Join multiple logical SQL statements by using Equi Join and Cross Join.
- B. This technique allows you to Join multiple logical SQL statements by using Inner Join, Outer Join and Doss Join.
- C. This technique allows you to Join multiple logical SQL statements by using Inner Join and Outer Join.
- D. This technique does not allow you to Join multiple logical SQL statements by using Inner Join and Outer Join.
- E. This technique allows you to Join multiple logical SQL statements by using Equi Joins.
Correct Answer: E 🗳️
Which statement is true about classification rules and credit categories?
- A. You can define the split credit percentage at classification rule UI.
- B. You can associate only one credit category to a classification rule.
- C. You can associatemultiple credit categories to a classification rule.
- D. You can associate classification rule to credit category via performance measure.
Correct Answer: C 🗳️
Your client is tuning four performance measures with the same output expression 'SUM (Credit.Credit Amount)' and no scorecard. The following transactions were processed through the performance measure.
On examining closely, you found that though performance measure has the same output expression, the output (refer below) for the performance measure is not equal.
Which performance measure attribute is responsible for this variation?
- A. Unit of Measure
- B. Distribute By
- C. Performance Interval
- D. Process Transactions
Correct Answer: A 🗳️
You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earnedamount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?
- A. Measure result.PM1.Output
- B. Measureresult.PM1.PTDOutputAchieved
- C. Credit.Credit Amount
- D. SUM ( Credit.Credit Amount )
Correct Answer: C 🗳️
