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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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= 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.
B) 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.
C) 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.
D) 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.

2. The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

A) No adjustment can be done for that period.
B) Pay sheets can be adjustedaccordingly.
C) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
D) Payment batches can be edited and reprocessed.

3. The Implementation team is trying to determine how many business units (BUs) are needed.Whichconsideration requires the creation of multiple BUs?

A) The running of processes, the management of participant assignments, and the administrative access to data must beseparated by principal lines of business.
B) different General Ledger account structures
C) different currencies for payment of participants
D) Operating currency is different to the currency in which calculations are performed.
E) The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation.

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) Distribute By
B) Process Transactions
C) Performance Interval
D) Unit of Measure

5. Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.
Identify the two options this is based on.

A) all the participants in theorganization
B) Rollup hierarchy effective for that date
C) all the participants in the compensation group
D) all the participants associated with that customer
E) Rollup date

Solutions: