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

1z0-1062-21 actual test
  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 26, 2026
  • Q & A: 76 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Administering the Incentive Compensation System- Classification and crediting setup
- Participant and role management
Topic 2: Configuring Incentive Compensation Plans- Performance measures and plan components
- Creation and management of compensation plans
Topic 3: Transaction Processing and Reporting- Transaction classification and calculation
- Reporting, dashboards, and analytics
Topic 4: Understanding Oracle Incentive Compensation Cloud- Core implementation tasks and functional setup topics
- Exam objectives and exam focus areas

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

A) CN_SRP_PIAN_C0HPONENTS_ALL
B) CN_SRP_PARTICIPANTS_ALL
C) CN_SRP_PER_FORM_METRICS_ALL
D) CN_TP_TRANSACTIONS_ALL
E) CN_SRP_SUBLEDGER_ALL


2. Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.
Identify the two options this is based on.

A) all the participants in theorganization
B) Rollup hierarchy effective for that date
C) all the participants associated with that customer
D) Rollup date
E) all the participants in the compensation group


3. Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A) Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
B) Create a team credit rule for this state and assign the participant as a credit receive
C) Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier
D) Create a rollup hierarchy rule and assign the participant as a credit receiver.


4. 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) 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.
B) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
C) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
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.


5. Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?

A) Upgrade Production to the next release.
B) Align your patch levelbetween Production and Test environments.
C) Enter a Service Request with My Oracle Support.
D) Set up the P2T tasks in Functional Setup Manager.
E) Import the Compensation Plans.


Solutions:

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

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