Oracle 1z0-1062-21 Q&A - in .pdf

  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Jul 19, 2026
  • Q & A: 76 Questions and Answers
  • PDF Price: $59.99
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Oracle 1z0-1062-21 Q&A - Testing Engine

  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Jul 19, 2026
  • Q & A: 76 Questions and Answers
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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionWeightObjectives
Participants, Payments, and Reporting15%- Participant Setup and Hierarchies
- Analytics, Dashboards, and Reports
- Paysheets and Payment Administration
- Maintenance and Troubleshooting
Core Setup and Configuration25%- Calendars, Periods, and Currencies
- Profile Options and Parameters
- Enterprise Structure and Reference Data
Classification and Crediting20%- Transaction Classification Rules
- Crediting Hierarchies and Rules
- Processing Transactions
Compensation Plans and Components25%- Performance Measures and Formulas
- Earnings and Calculation Logic
- Rate Tables and Tiers
- Plan Design and Creation
Overview of Incentive Compensation Cloud15%- Key Concepts and Architecture
- Implementation Methodology
- Security and Access Control

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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


2. Performance Measures can be addedto expressions in the expression builder. Which structures are supported?

A) A, B, and C
B) A and D
C) The goalof one performance measure can be used in the formulaexpression of a different performance measure.
D) The output of five performance measures can be combined in the formula expression of a plan component.
E) Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
F) Input of performance measure Interval-to-date can be used in the formula expression of a plan component.


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

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


4. Which three statements are true regarding Classification?

A) Classification process must be run before the Crediting process.
B) Classification rules are used to classify transactions into meaningful credit categories.
C) Qualifiers are ANDed and qualifier attribute values are ORed.
D) Classification splits the credits among the participant credit receivers.
E) Rule criteria involve one or more transaction attributes.


5. The estimated Compensation module_________

A) uses Opportunitiesin Sales Cloud to calculate what earnings would be if they became orders
B) updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
C) both B and D
D) both B and C
E) works in runtime mode and can be invoked via a web service from third-party applications
F) allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels


Solutions:

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

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