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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Setup and Configuration- Application Setup
  • 1. System parameters and preferences
    • 2. Initial configuration and prerequisites
      - Security Configuration
      • 1. Roles and privileges
        • 2. Access control setup
          Incentive Compensation Cloud Overview- Core Concepts of Incentive Compensation
          • 1. Purpose and business use cases
            • 2. Key terminology and components
              Compensation Plans and Rules- Credit and Allocation Rules
              • 1. Territory and assignment rules
                • 2. Credit rules configuration
                  - Plan Design
                  • 1. Quota and target setup
                    • 2. Commission structure definition
                      Reporting and Administration- Reports and Analytics
                      • 1. Performance tracking
                        • 2. Standard reports usage
                          - System Administration
                          • 1. Monitoring and troubleshooting
                            • 2. Data loading and maintenance
                              Incentive Calculation and Processing- Calculation Engine
                              • 1. Error handling and adjustments
                                • 2. Run cycles and processing logic

                                  Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

                                  1. Which two methods are valid when assigning a pay group to a participant?

                                  A) If there is only one paygroup, all participants are automatically assigned to the pay group.
                                  B) Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
                                  C) Assign the role to the pay group and allow the participant to inherit the pay group.
                                  D) Assign the pay group tothe credit category and allow the participant to inherit the pay group.
                                  E) Assign the pay group directly to the participant.


                                  2. Which are the three broad categories, based on which cross subject area reporting can be built?

                                  A) using common dimensions
                                  B) using common and local dimensions
                                  C) combining logical SQL using the Advanced tab
                                  D) combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference


                                  3. By using which method can a new participant be created In the Incentive Compensation application?

                                  A) using the Create Participant task in Setupand Maintenance
                                  B) using the Import Participant process
                                  C) using the Create Participant Web Service
                                  D) manually in the UI


                                  4. You have created one performance measure, PM1, which has the following definition with calculation sequence 1.

                                  You want to refer PMl output in performance measure 2 having calculation sequence 2. Which two statements are true?

                                  A) You can refer to attribute Measure result .PMl.PTD Output Achieved.
                                  B) You cannot access output of PMl In output expression of PMl.
                                  C) You can refer to attribute Measure result.PMl.PTD Output Achieved.
                                  D) You can refer to attribute Measure result.PMl.Output.
                                  E) You can refer to attribute Measure result.PMl.Input.


                                  5. Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?

                                  A) System Administrator Business Analyst, Reporting Specialist, Project Manager
                                  B) Business Analyst, DBA, Reporting Specialist, Data Specialist
                                  C) System Administrator, Business Analyst, DBA, Project Manager
                                  D) Business Analyst, Reporting Specialist, Data Specialist, Project Manager


                                  Solutions:

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

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