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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The Implementation team is trying to determine how many business units (BUs) are needed.Whichconsideration requires the creation of multiple BUs?

A) The running of processes, the management of participant assignments, and the administrative access to data must beseparated by principal lines of business.
B) Operating currency is different to the currency in which calculations are performed.
C) different General Ledger account structures
D) The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation.
E) different currencies for payment of participants

2. A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.

A) Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.
B) Assign the participant to the global business unit and global role,
C) Assign the participant to a new role and resource group.
D) Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.

3. 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 deploying the flexfield by selecting the Enable for Reporting check box
B) while creating subject areas for Incentive Compensation Reporting
C) whileexecuting the program to enable Descriptive Flex-field for BI Reporting
D) while defining the segments by selecting the Enable for Reporting check box

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

5. You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earnedamount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?

A) SUM ( Credit.Credit Amount )
B) Measure result.PM1.Output
C) Credit.Credit Amount
D) Measureresult.PM1.PTDOutputAchieved

Solutions: