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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Administering the Incentive Compensation System | - Participant and role management - Classification and crediting setup |
| Topic 2: Transaction Processing and Reporting | - Transaction classification and calculation - Reporting, dashboards, and analytics |
| Topic 3: Configuring Incentive Compensation Plans | - Performance measures and plan components - Creation and management of compensation plans |
| Topic 4: Understanding Oracle Incentive Compensation Cloud | - Exam objectives and exam focus areas - Core implementation tasks and functional setup topics |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string'MORE'; ifthetransaction amount is less than 1000, it should returnthestring 'LESS'; and if the transaction amount is equal to 1000, It should return thestring'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?
- A. Option D
- B. Option B
- C. Option C
- D. Option E
- E. OptionA
Correct Answer: A,B 🗳️
When should you set 'Calculate Incentive = Per Event'while building a plan component?
- A. 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
- B. when the incentive Is to be calculated on a per transaction basis
- C. when the incentive is to be calculated based on many transactions grouped over an Interval
- D. when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
Correct Answer: D 🗳️
Youwant to move configuration from Development Instance to Production Instance. Which three entities can be moved by using out of the box XML download and upload functionality?
- A. Credit Rules
- B. Compensation Plan
- C. Classification Rules
- D. Participant
- E. Credit Categories
- F. BU Parameter
- G. Analyst
- H. PayGroups
- I. PaymentPlans
Correct Answer: A,B,D 🗳️
Will the earnings for participants be calculated once their Active End Date has elapsed?
- A. Earnings will not be calculated if their Compensation End date has elapsed.
- B. Earnings will be calculatedlotparticipants as long as they exist m the fusion Incentive Compensation system.
- C. Earnings will not be calculated if their Active End Date has elapsed.
- D. Earnings will be calculated foe participants as long as they remainassigned to a compensation plan.
Correct Answer: B 🗳️
The estimated Compensation module_________
- A. both B and D
- B. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
- C. both B and C
- D. uses Opportunitiesin Sales Cloud to calculate what earnings would be if they became orders
- 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
Correct Answer: D 🗳️
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