Oracle Incentive Compensation Cloud 2021 Implementation Essentials : 1z0-1062-21 valid dumps

1z0-1062-21 real exams

Exam Code: 1z0-1062-21

Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials

Updated: Feb 18, 2025

Q & A: 76 Questions and Answers

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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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


2. Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

A) Configure in Production instance from the start of the project.
B) Start small and add functionality incrementally.
C) Import datathat fits out of the box and enable reporting.
D) Conduct thorough requirement sessions to determine priorities.


3. Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A) CM_TP_TRANSACTIOM_DFP
B) CN_TP_BASETRAHS_DFF
C) FIC_TRANSACTION_DFF
D) XC BASE_TRANS_DFF


4. A regional sales manager is promoted to a higherposition and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?

A) Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
B) Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit
C) No additional configurations are required because the application accommodates cross-region rollups.
D) Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.


5. A compensation analyst wants to pay commissions calculated for period 4 that were initially missed. The current datefalls into period 8, and the last paid payment batch was in period 7.
Identify two options available for the compensation analyst to pay for period 4 commissions.

A) Create and pay another payment batch for period 7.
B) Create and pay another payment batch for period 6.
C) Create and pay another payment batch for period 5.
D) Create and pay a payment batch for period 8.
E) Create and pay another payment batch for period 4.


Solutions:

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

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