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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions and data a user has access to?

A) Role
B) Security Profile
C) Responsibility
D) Job

2. Of what type of role is Incentive Compensation Analyst an example?

A) Work Area
B) Duty
C) Abstract
D) Job

3. Which are the three broad categories, based on which cross subject area reporting can be built?

A) combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference
B) using common and local dimensions
C) combining logical SQL using the Advanced tab
D) using common dimensions

4. Which two statements are true for individualized compensation plan values?

A) Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
B) Individualized compensation plan values summarize transactions during the Calculation phase.
C) A participant's manager can personalize the compensation plan view if the Individualize option is selected.
D) Individualized ratevalues for a participant take precedence over original compensation plan rate values.
E) A participant can personalize the compensation plan view if the Individualize option is selected.

5. 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) 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.
B) Add a new row to the Conversion Factor section for the earning type 'Point Rewards'
C) Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.
D) Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.
E) Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.

Solutions: