Oracle 1z0-1062-21 Valid Dump : Oracle Incentive Compensation Cloud 2021 Implementation Essentials

1z0-1062-21 real exams

Exam Code: 1z0-1062-21

Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials

Updated: Dec 18, 2024

Q & A: 76 Questions and Answers

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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your configurations and reports are moved to the Production environment. You want to copy thorn to your Test environment. When should you schedule P2T?

A) after the next patch is applied to Test
B) once Production and Test are aligned on the same patch
C) when P2T tasks are set up In FSM
D) after the next patch is applied to Production


2. A team rollup rule has five credit receivers witheach teammember reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?

A) The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.
B) No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.
C) Only the direct credit receiver's manager will receive the managerial rollup credit.
D) The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.
E) All team member managers will receive the managerial rollup credit.


3. Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?

A) while deploying the flexfield by selecting the Enable for Reporting check box
B) while defining the segments by selecting the Enable for Reporting check box
C) whileexecuting the program to enable Descriptive Flex-field for BI Reporting
D) while creating subject areas for Incentive Compensation Reporting


4. A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter of a fiscal year identify the three steps that the incentive compensation application administrator must take to set up this requirement before associating the reward with a plan component. In this case, the fiscal year corresponds to the calendaryear.

A) Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.
B) Select the earning type to 'Monetary Earnings', define a conversion factor = 1, and define Start Date =
01-Oct and End Date - 31 Dec for the fiscal year.
C) Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.
D) Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.
E) Add a new row to the Conversion Factor section for the earning type 'Point Rewards'


5. A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?

A) Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.
B) Set Process Transaction= Individually and Interval - Quarter, select Running Total, select Accumulate for input expression 'credit transaction amount', and enter targets in the plan component associated with theperformance measure.
C) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.
D) Set Process Transaction =Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.


Solutions:

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

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