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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Of what type of role is Incentive Compensation Analyst an example?

A) Work Area
B) Duty
C) Job
D) Abstract

2. When should you set 'Calculate Incentive = Per Event'while building a plan component?

A) when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
B) when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations
C) when the incentive is to be calculated based on many transactions grouped over an Interval
D) when the incentive Is to be calculated on a per transaction basis

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

4. You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earnedamount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?

A) Measureresult.PM1.PTDOutputAchieved
B) Measure result.PM1.Output
C) SUM ( Credit.Credit Amount )
D) Credit.Credit Amount

5. A classification ruleshierarchyis set up as:

The performance measure 'Storage attainment' is associated withcategory STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE.
If the transaction is:

What will the application do when the Classification and Calculation processes are run?

A) associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment'
B) associate the credit category HARD DRIVE with the transaction during the Classification process andlater, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment')
C) associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure
'Storage attainment'
D) associate both credit categories (STORAGE and HARD DRIVE) withKm-transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
E) associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment*

Solutions: