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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Administering the Incentive Compensation System | - Participant and role management - Classification and crediting setup |
| Topic 2: Understanding Oracle Incentive Compensation Cloud | - Exam objectives and exam focus areas - Core implementation tasks and functional setup topics |
| Topic 3: Configuring Incentive Compensation Plans | - Creation and management of compensation plans - Performance measures and plan components |
| Topic 4: Transaction Processing and Reporting | - Transaction classification and calculation - Reporting, dashboards, and analytics |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Althoughsome of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?
- A. Select Processing Currency as USD only. Operating Currency is not mandatory.
- B. Select Operating Currency as USD andselect Processing Currency as Participant's Home Currency.
- C. Select Operating Currency as USD and select Processing Currency as Operating Currency.
- D. Select Operating Currency as USD and Processing Currency as USD.
Correct Answer: A 🗳️
Your configurations and reports are moved to the Production environment. You want to copy thorn to your Test environment. When should you schedule P2T?
- A. after the next patch is applied to Test
- B. once Production and Test are aligned on the same patch
- C. after the next patch is applied to Production
- D. when P2T tasks are set up In FSM
Correct Answer: D 🗳️
Which format must the date column value have In File Based Data Import?
- A. MM/DD/YYYY
- B. Date format is configurable
- C. YYYY/MM/DD
- D. DD/MM/YYYY
Correct Answer: B 🗳️
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Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this beaccomplished?
- A. Copy the Analyst Role and delete all privileges in the provisioning template other than Read.
- B. Create a new role and add read privileges.
- C. Create a new role template.
- D. Copy the Participant role and add Analyst Duty Roles.
Correct Answer: B 🗳️
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 defining the segments by selecting the Enable for Reporting check box
- B. whileexecuting the program to enable Descriptive Flex-field for BI Reporting
- C. while deploying the flexfield by selecting the Enable for Reporting check box
- D. while creating subject areas for Incentive Compensation Reporting
Correct Answer: A 🗳️
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