Oracle Incentive Compensation Cloud 2021 Implementation Essentials : 1z0-1062-21 Exam

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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement istrue to identify the root cause of the error?

A) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.
B) The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
C) The administrator must have defined'Point Rewards' as a monetary earning type.
D) The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
E) The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.

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

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

3. Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

A) Conduct thorough requirement sessions to determine priorities.
B) Configure in Production instance from the start of the project.
C) Start small and add functionality incrementally.
D) Import datathat fits out of the box and enable reporting.

4. In which section of the Home screen dousers receive notifications generated by the Approvals functionality?

A) Activity Stream
B) BPM Worklist
C) Worklist: Notifications and Approvals
D) Approval Manager

5. 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 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'
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 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*

Solutions: