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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) Import all participants under the manager inall business units and copy the rollup hierarchy rules to each 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) Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same 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 associated the participants with the plan components where earning type is
'Point Rewards'.
C) The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
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. An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?

A) The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
B) The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
C) The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.
D) The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.

4. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

A) Processing
B) Participant Home
C) Operating
D) Functional

5. Which are the three broad categories, based on which cross subject area reporting can be built?

A) combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference
B) combining logical SQL using the Advanced tab
C) using common dimensions
D) using common and local dimensions

Solutions: