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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option D
B) Option A
C) Option C
D) Option E
E) Option B

3. 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) Measureresult.PM1.PTDOutputAchieved
B) Credit.Credit Amount
C) SUM ( Credit.Credit Amount )
D) Measure result.PM1.Output

4. Which three statements are true regarding Classification?

A) Classification splits the credits among the participant credit receivers.
B) Classification rules are used to classify transactions into meaningful credit categories.
C) Rule criteria involve one or more transaction attributes.
D) Classification process must be run before the Crediting process.
E) Qualifiers are ANDed and qualifier attribute values are ORed.

5. 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) No adjustment can be done for that period.
D) Pay sheets can be adjustedaccordingly.

Solutions: