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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The 'Run Crediting and Rollup'process request completes successfully but no credits are created. Which three configurations must be verified?

A) The same participants are not assigned to multiple credit rules in the hierarchy.
B) The transaction event date falls between thecredit rule start and end dates.
C) The 'Deploy Compensation Plans' process was run after thecredit rules were created.
D) The 'Deploy Credit Rule' process was run after the credit rules were created.
E) 'EnableDirect Crediting* is set to 'Yes' on the 'Manage Parameters'page.
F) Participants assigned to a direct credit rule do not have the Manager role.

2. Which statement is true regarding role inheritance?

A) Jobandabstract roles are inherited by duty roles.
B) Duty roles are inherited by job roles.
C) Abstract roles are inherited by Job roles
D) Roles are not inherited; they are assigned at their lowest level.

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

4. 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) No additional configurations are required because the application accommodates cross-region rollups.
B) Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit
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) Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.

5. You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

A) Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
B) Clone custom objects in Application Composer
C) Export Compensation Plans to XML
D) Export and Import reports by using the archive/unarchive function.

Solutions: