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Oracle 1z0-1062-21 Exam Syllabus Topics:

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

2. An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement istrue to identify the root cause of the error?

A) The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
B) The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
C) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.
D) The administrator must have defined'Point Rewards' as a monetary earning type.
E) The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.

3. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option A
B) Option D
C) Option B
D) Option C
E) Option E

4. You must create a request set for simplifying the Incentive Compensation processes for your end customer.
You asked Oracle Support to put the programs in the following sequence:
1. Revert Transaction
2. Run Crediting and Rollup
3. Run Classify Credits
4. Calculate
Whicharethe correct values of the corresponding BU parameters?

A) Rollup using Credit Hierarchy, Classify before crediting
B) Rollup using Rollup Hierarchy, Classify after crediting
C) Rollup Using= Both, Classify after crediting
D) Rollup using Credit Hierarchy, Classifyaftercrediting

5. Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A) CM_TP_TRANSACTIOM_DFP
B) FIC_TRANSACTION_DFF
C) CN_TP_BASETRAHS_DFF
D) XC BASE_TRANS_DFF

Solutions: