Oracle 1z0-1062-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Incentive Compensation Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1062-21 |
| Available Languages: | English |
| Real Exam Qty: | 76 |
| Related Certifications: | Oracle Incentive Compensation Cloud 2022 Implementation Essentials Oracle Incentive Compensation Cloud 2020 Implementation Essentials |
| Sample Questions: | Oracle 1z0-1062-21 Sample Questions |
| Exam Way: | Online proctored or onsite testing centre |
| Pre Condition: | Recommended experience with Oracle HCM Cloud and understanding of incentive compensation concepts. |
Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Administering the Incentive Compensation System | - Classification and crediting setup - Participant and role management |
| Understanding Oracle Incentive Compensation Cloud | - Exam objectives and exam focus areas - Core implementation tasks and functional setup topics |
| Configuring Incentive Compensation Plans | - Performance measures and plan components - Creation and management of compensation plans |
| Transaction Processing and Reporting | - Transaction classification and calculation - Reporting, dashboards, and analytics |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
You have been asked to create a report by using internal and external data sources. Identify Oracle's recommended approach for building a custom report.
- A. OTBI Reports
- B. BI Publisher
- C. BI Analytics
- D. BI Answers
Correct Answer: B 🗳️
You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?
- A. Export and Import reports by using the archive/unarchive function.
- B. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
- C. Clone custom objects in Application Composer
- D. Export Compensation Plans to XML
Correct Answer: C 🗳️
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. No additional configurations are required because the application accommodates cross-region rollups.
- B. Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.
- C. Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit
- D. Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
Correct Answer: B 🗳️
Which format must the date column value have In File Based Data Import?
- A. YYYY/MM/DD
- B. MM/DD/YYYY
- C. DD/MM/YYYY
- D. Date format is configurable
Correct Answer: D 🗳️
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You want to create compensation plans for a new businessunit and found that the plans are similar to the existing compensation plans. How can you achieve this?
- A. You can only manually create them in the new businessunit, as you cannot Import plans exported from another business unit.
- B. You can export the compensation plans from current business unit. Log in to the new business unit and import them into the new business unit, but you must create plan components andperformance measures manually.
- C. You can use db tools to copy the compensation plans from one business unit to another.
- D. You can export the compensation plans from current business unit. Log In to the new business unit and import them into the new business unit, which imports the complete compensation plans with the associated plan components.
Correct Answer: B 🗳️

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