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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Compensation Plans and Components | 25% | - Plan Design and Creation - Rate Tables and Tiers - Earnings and Calculation Logic - Performance Measures and Formulas |
| Core Setup and Configuration | 25% | - Enterprise Structure and Reference Data - Calendars, Periods, and Currencies - Profile Options and Parameters |
| Overview of Incentive Compensation Cloud | 15% | - Implementation Methodology - Security and Access Control - Key Concepts and Architecture |
| Classification and Crediting | 20% | - Crediting Hierarchies and Rules - Transaction Classification Rules - Processing Transactions |
| Participants, Payments, and Reporting | 15% | - Participant Setup and Hierarchies - Analytics, Dashboards, and Reports - Paysheets and Payment Administration - Maintenance and Troubleshooting |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
Question 1
In which section of the Home screen dousers receive notifications generated by the Approvals functionality?
A. Worklist: Notifications and Approvals
B. Activity Stream
C. BPM Worklist
D. Approval Manager
Question 2
Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?
A. Import datathat fits out of the box and enable reporting.
B. Start small and add functionality incrementally.
C. Configure in Production instance from the start of the project.
D. Conduct thorough requirement sessions to determine priorities.
Question 3
You have to write a custom function that accesses the performancemeasure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?
A. CN TP KEASURE_RESULTS_ALL
B. CN SRP_PER_FORM_METRICS_ALL
C. CW_TP_EARNINGS_ALL
D. CM SRP PARTICIPANTS ALL
Question 4
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
Question 5
Which three statements are true regarding Classification?
A. Qualifiers are ANDed and qualifier attribute values are ORed.
B. Rule criteria involve one or more transaction attributes.
C. Classification splits the credits among the participant credit receivers.
D. Classification process must be run before the Crediting process.
E. Classification rules are used to classify transactions into meaningful credit categories.
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: A,B,D |
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