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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit. Which method do you use to set up multiple calendars for incentive compensation business units?

A) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.
B) Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
C) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.
D) Go to theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period 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) Role
C) Security Profile
D) Job

3. Which two statements are true for individualized compensation plan values?

A) Individualized compensation plan values summarize transactions during the Calculation phase.
B) A participant can personalize the compensation plan view if the Individualize option is selected.
C) Individualized ratevalues for a participant take precedence over original compensation plan rate values.
D) A participant's manager can personalize the compensation plan view if the Individualize option is selected.
E) Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.

4. A regional sales manager is promoted to a higherposition and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?

A) No additional configurations are required because the application accommodates cross-region rollups.
B) Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
C) Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.
D) Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit

5. The 'Run Crediting and Rollup'process request completes successfully but no credits are created. Which three configurations must be verified?

A) Participants assigned to a direct credit rule do not have the Manager role.
B) The transaction event date falls between thecredit rule start and end dates.
C) The 'Deploy Compensation Plans' process was run after thecredit rules were created.
D) The same participants are not assigned to multiple credit rules in the hierarchy.
E) The 'Deploy Credit Rule' process was run after the credit rules were created.
F) 'EnableDirect Crediting* is set to 'Yes' on the 'Manage Parameters'page.

Solutions: