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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?

A) while defining the segments by selecting the Enable for Reporting check box
B) while creating subject areas for Incentive Compensation Reporting
C) while deploying the flexfield by selecting the Enable for Reporting check box
D) whileexecuting the program to enable Descriptive Flex-field for BI Reporting

3. 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 must have defined'Point Rewards' as a monetary earning type.
B) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.
C) 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.
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.

4. 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) all the participants associated with that customer
C) Rollup date
D) all the participants in the compensation group
E) Rollup hierarchy effective for that date

5. You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

A) Export Compensation Plans to XML
B) Clone custom objects in Application Composer
C) Export and Import reports by using the archive/unarchive function.
D) Move Calendar, Business Units, List of Values, and Profile Options by using FSM.

Solutions: