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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: Understanding Oracle Incentive Compensation Cloud | - Core implementation tasks and functional setup topics - Exam objectives and exam focus areas |
| Topic 3: Transaction Processing and Reporting | - Reporting, dashboards, and analytics - Transaction classification and calculation |
| Topic 4: Configuring Incentive Compensation Plans | - Creation and management of compensation plans - Performance measures and plan components |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?
- A. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
- B. Business Analyst, DBA, Reporting Specialist, Data Specialist
- C. System Administrator Business Analyst, Reporting Specialist, Project Manager
- D. System Administrator, Business Analyst, DBA, Project Manager
Correct Answer: A 🗳️
Which two statements are true for individualized compensation plan values?
- A. A participant's manager can personalize the compensation plan view if the Individualize option is selected.
- B. A participant can personalize the compensation plan view if the Individualize option is selected.
- C. Individualized compensation plan values summarize transactions during the Calculation phase.
- D. Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
- E. Individualized ratevalues for a participant take precedence over original compensation plan rate values.
Correct Answer: C,E 🗳️
Which asset typo must you select for searching web service in Oracle Enterprise Repository?
- A. ADF service Data Object
- B. Composite
- C. ADF Service
- D. Composite Service
Correct Answer: B 🗳️
Which two statements are true regarding the Complete Calculation process?
- A. recalculates all transactions for a given period
- B. meant for minor changes that affect few participants
- C. limited to only a particular sales hierarchy
- D. can be time-consuming on very large volume transactions
Correct Answer: A,D 🗳️
An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?
- A. The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
- B. The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
- C. The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
- D. The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.
Correct Answer: B 🗳️
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