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Oracle 1z0-1062-21 Exam Syllabus Topics:

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

                                  Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

                                  1. A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
                                  How should youset up this performance measure?

                                  A) Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.
                                  B) Set Process Transaction= Individually and Interval - Quarter, select Running Total, select Accumulate for input expression 'credit transaction amount', and enter targets in the plan component associated with theperformance measure.
                                  C) Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.
                                  D) Set Process Transaction =Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.


                                  2. Which asset typo must you select for searching web service in Oracle Enterprise Repository?

                                  A) ADF Service
                                  B) Composite
                                  C) ADF service Data Object
                                  D) Composite Service


                                  3. 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) Payment batches can be edited and reprocessed.
                                  B) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
                                  C) No adjustment can be done for that period.
                                  D) Pay sheets can be adjustedaccordingly.


                                  4. Which statement is true for theparticipant home currency?

                                  A) A participant can be compensated for an invoice booked only in the participant's home currency.
                                  B) A participant's home currency must be the same for all participants in the organization.
                                  C) A participant can be compensated for an invoice booked in a currency different from the participant's home currency.
                                  D) A participant's home currency must be the same as the operating currency.


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

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


                                  Solutions:

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

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