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Oracle 1z0-1062-21 real answers - Oracle Incentive Compensation Cloud 2021 Implementation Essentials

1z0-1062-21
  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Sep 24, 2024
  • Q & A: 76 Questions and Answers
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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
B) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
C) The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
D) The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
E) The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.


2. A team rollup rule has five credit receivers witheach teammember reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?

A) The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.
B) No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.
C) The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.
D) All team member managers will receive the managerial rollup credit.
E) Only the direct credit receiver's manager will receive the managerial rollup credit.


3. A classification ruleshierarchyis set up as:

The performance measure 'Storage attainment' is associated withcategory STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE.
If the transaction is:

What will the application do when the Classification and Calculation processes are run?

A) associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment'
B) associate both credit categories (STORAGE and HARD DRIVE) withKm-transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
C) associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment*
D) associate the credit category HARD DRIVE with the transaction during the Classification process andlater, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment')
E) associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure
'Storage attainment'


4. Which format must the date column value have In File Based Data Import?

A) Date format is configurable
B) MM/DD/YYYY
C) YYYY/MM/DD
D) DD/MM/YYYY


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) Pay sheets can be adjustedaccordingly.
C) No adjustment can be done for that period.
D) Payment batches can be edited and reprocessed.


Solutions:

Question # 1
Answer: E
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: B

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