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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

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

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

3. Which two statements are true for individualized compensation plan values?

A) A participant can personalize the compensation plan view if the Individualize option is selected.
B) Individualized compensation plan values summarize transactions during the Calculation phase.
C) Individualized ratevalues for a participant take precedence over original compensation plan rate values.
D) Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
E) A participant's manager can personalize the compensation plan view if the Individualize option is selected.

4. A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit. Which method do you use to set up multiple calendars for incentive compensation business units?

A) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.
B) Go to theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.
C) Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
D) Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.

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

Solutions: