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

1z0-1062-21
  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Oct 13, 2025
  • Q & A: 76 Questions and Answers
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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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) Performance Interval
B) Distribute By
C) Unit of Measure
D) Process Transactions


2. 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.


3. A regional sales manager is promoted to a higherposition and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?

A) Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.
B) Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit
C) Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
D) No additional configurations are required because the application accommodates cross-region rollups.


4. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

A) Participant Home
B) Operating
C) Functional
D) Processing


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


Solutions:

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

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