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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A) The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
B) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
C) The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
D) The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
E) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.

2. A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.

A) Start and end dates for the fiscal months are valid.
B) 'Display period data in participant reports' is selected.
C) Report to work area mapping isdefined for each period.
D) Status is set to 'Active' for all of the required months.

3. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option E
B) Option B
C) Option C
D) Option A
E) Option D

4. 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.

5. 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.

Solutions: