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1z0-1062-21 exam dumps

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  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • No. of Questions: 76 Questions and Answers
  • Updated: Aug 07, 2026

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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Understanding Oracle Incentive Compensation Cloud- Exam objectives and exam focus areas
- Core implementation tasks and functional setup topics
Configuring Incentive Compensation Plans- Creation and management of compensation plans
- Performance measures and plan components
Administering the Incentive Compensation System- Classification and crediting setup
- Participant and role management
Transaction Processing and Reporting- Reporting, dashboards, and analytics
- Transaction classification and calculation

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?

A) Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment
B) Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment
C) Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
D) Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
E) Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment


2. Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.

A) BI_ADMINISTRATOR
B) INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
C) APPLICATION IMPLEMENTATION CONSUI TANT
D) INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
E) COMPENSATION PLAN ADMINISTRATOR


3. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

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


4. Which two statements are true about disputes?

A) Participants can view the disputes they have created in their worklist
B) Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.
C) Compensation Managers can reassign disputes todifferent analysts.
D) Disputes are assigned to the analyst who is associated with the participant creating the dispute.


5. Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

A) Conduct thorough requirement sessions to determine priorities.
B) Import datathat fits out of the box and enable reporting.
C) Start small and add functionality incrementally.
D) Configure in Production instance from the start of the project.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: A,C
Question # 4
Answer: D
Question # 5
Answer: C

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