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1z0-1062-21 Q&A - in .pdf
- Exam Code: 1z0-1062-21
- Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
- Updated: Oct 06, 2026
- Q & A: 76 Questions and Answers
- Convenient, easy to study.
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- Updated: Oct 06, 2026
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- Exam Code: 1z0-1062-21
- Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
- Updated: Oct 06, 2026
- Q & A: 76 Questions and Answers
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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Compensation Plans and Components | 25% | - Earnings and Calculation Logic - Rate Tables and Tiers - Plan Design and Creation - Performance Measures and Formulas |
| Overview of Incentive Compensation Cloud | 15% | - Implementation Methodology - Key Concepts and Architecture - Security and Access Control |
| Classification and Crediting | 20% | - Crediting Hierarchies and Rules - Processing Transactions - Transaction Classification Rules |
| Participants, Payments, and Reporting | 15% | - Analytics, Dashboards, and Reports - Maintenance and Troubleshooting - Paysheets and Payment Administration - Participant Setup and Hierarchies |
| Core Setup and Configuration | 25% | - Profile Options and Parameters - Enterprise Structure and Reference Data - Calendars, Periods, and Currencies |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question #1
Performance Measures can be addedto expressions in the expression builder. Which structures are supported?
- A. Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
- B. The goalof one performance measure can be used in the formulaexpression of a different performance measure.
- C. The output of five performance measures can be combined in the formula expression of a plan component.
- D. A and D
- E. Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
- F. A, B, and C
Correct Answer: F 🗳️
Question #2
Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions and data a user has access to?
- A. Job
- B. Role
- C. Responsibility
- D. Security Profile
Correct Answer: A 🗳️
Question #3
In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?
- A. Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
- B. Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
- C. Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment
- D. Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment
- E. Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment
Correct Answer: E 🗳️
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Question #4
Your client is tuning four performance measures with the same output expression 'SUM (Credit.Credit Amount)' and no scorecard. The following transactions were processed through the performance measure.
On examining closely, you found that though performance measure has the same output expression, the output (refer below) for the performance measure is not equal.
Which performance measure attribute is responsible for this variation?
- A. Process Transactions
- B. Unit of Measure
- C. Performance Interval
- D. Distribute By
Correct Answer: B 🗳️
Question #5
Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this beaccomplished?
- A. Copy the Analyst Role and delete all privileges in the provisioning template other than Read.
- B. Copy the Participant role and add Analyst Duty Roles.
- C. Create a new role and add read privileges.
- D. Create a new role template.
Correct Answer: C 🗳️
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