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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Transaction Processing and Reporting | - Transaction classification and calculation - Reporting, dashboards, and analytics |
| Configuring Incentive Compensation Plans | - Performance measures and plan components - Creation and management of compensation plans |
| Administering the Incentive Compensation System | - Participant and role management - Classification and crediting setup |
| Understanding Oracle Incentive Compensation Cloud | - Core implementation tasks and functional setup topics - Exam objectives and exam focus areas |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. Which two statements are true when you create an expression?
A) Anexpression like Credit.Credit__Amount*SUM(Credit.Quantity) will be invalid because the application does not allow you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
B) You can use the metrics of both plan components andperformance measures in your expression.
C) You can use the metrics of a performance measure but not of a plan component in your expression.
D) An expression like Credit.Credit Amount* SUM(Credit.Quantity) will be valid because the application allows you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
E) You can use the metrics of a plan component but not of a performance measure in your expression.
2. An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?
A) The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.
B) The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
C) The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
D) The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
3. Which asset typo must you select for searching web service in Oracle Enterprise Repository?
A) ADF service Data Object
B) Composite Service
C) ADF Service
D) Composite
4. You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?
A) Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
B) Export and Import reports by using the archive/unarchive function.
C) Clone custom objects in Application Composer
D) Export Compensation Plans to XML
5. 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) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
B) Pay sheets can be adjustedaccordingly.
C) No adjustment can be done for that period.
D) Payment batches can be edited and reprocessed.
Solutions:
| Question # 1 Answer: D,E | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |



