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

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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

2. Youwant to move configuration from Development Instance to Production Instance. Which three entities can be moved by using out of the box XML download and upload functionality?

A) Compensation Plan
B) Classification Rules
C) BU Parameter
D) Participant
E) Credit Categories
F) PayGroups
G) Analyst
H) Credit Rules
I) PaymentPlans

3. You have to write a custom function that accesses the performancemeasure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?

A) CN TP KEASURE_RESULTS_ALL
B) CN SRP_PER_FORM_METRICS_ALL
C) CW_TP_EARNINGS_ALL
D) CM SRP PARTICIPANTS ALL

4. You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Althoughsome of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?

A) Select Operating Currency as USD and Processing Currency as USD.
B) Select Operating Currency as USD andselect Processing Currency as Participant's Home Currency.
C) Select Processing Currency as USD only. Operating Currency is not mandatory.
D) Select Operating Currency as USD and select Processing Currency as Operating Currency.

5. Which two statements are true regarding the Complete Calculation process?

A) can be time-consuming on very large volume transactions
B) limited to only a particular sales hierarchy
C) recalculates all transactions for a given period
D) meant for minor changes that affect few participants

Solutions: