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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The estimated Compensation module_________

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

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

3. Which two statements are true regarding the Complete Calculation process?

A) recalculates all transactions for a given period
B) limited to only a particular sales hierarchy
C) can be time-consuming on very large volume transactions
D) meant for minor changes that affect few participants

4. Which three statements are true regarding Classification?

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

5. Will the earnings for participants be calculated once their Active End Date has elapsed?

A) Earnings will be calculated foe participants as long as they remainassigned to a compensation plan.
B) Earnings will be calculatedlotparticipants as long as they exist m the fusion Incentive Compensation system.
C) Earnings will not be calculated if their Compensation End date has elapsed.
D) Earnings will not be calculated if their Active End Date has elapsed.

Solutions: