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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Incentive Calculation and Processing- Calculation Engine
  • 1. Error handling and adjustments
    • 2. Run cycles and processing logic
      Topic 2: Reporting and Administration- Reports and Analytics
      • 1. Performance tracking
        • 2. Standard reports usage
          - System Administration
          • 1. Data loading and maintenance
            • 2. Monitoring and troubleshooting
              Topic 3: Compensation Plans and Rules- Credit and Allocation Rules
              • 1. Territory and assignment rules
                • 2. Credit rules configuration
                  - Plan Design
                  • 1. Quota and target setup
                    • 2. Commission structure definition
                      Topic 4: Setup and Configuration- Application Setup
                      • 1. System parameters and preferences
                        • 2. Initial configuration and prerequisites
                          - Security Configuration
                          • 1. Access control setup
                            • 2. Roles and privileges
                              Topic 5: Incentive Compensation Cloud Overview- Core Concepts of Incentive Compensation
                              • 1. Key terminology and components
                                • 2. Purpose and business use cases

                                  Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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


                                  2. Which three are reports you can customize few Mobile Commissions?

                                  A) Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int
                                  B) Payments: Payment transactions and related details of the sales participant
                                  C) Analytics: Details of the recent analysis of the sales participant
                                  D) Credits: Credits and related details of the sales participant
                                  E) Disputes: Details of the recent disputes raised by the sales participant


                                  3. In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
                                  How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

                                  A) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
                                  B) The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
                                  C) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
                                  D) The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
                                  E) The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.


                                  4. View the following credit rule hierarchy:

                                  Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?

                                  A) The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.
                                  B) The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
                                  C) The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
                                  D) The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.


                                  5. Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?

                                  A) Align your patch levelbetween Production and Test environments.
                                  B) Upgrade Production to the next release.
                                  C) Import the Compensation Plans.
                                  D) Set up the P2T tasks in Functional Setup Manager.
                                  E) Enter a Service Request with My Oracle Support.


                                  Solutions:

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

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