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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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.

2. Which three statements are true regarding Classification?

A) Qualifiers are ANDed and qualifier attribute values are ORed.
B) Classification process must be run before the Crediting process.
C) Classification splits the credits among the participant credit receivers.
D) Rule criteria involve one or more transaction attributes.
E) Classification rules are used to classify transactions into meaningful credit categories.

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

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

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

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

5. Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?

A) Business Analyst, Reporting Specialist, Data Specialist, Project Manager
B) System Administrator, Business Analyst, DBA, Project Manager
C) System Administrator Business Analyst, Reporting Specialist, Project Manager
D) Business Analyst, DBA, Reporting Specialist, Data Specialist

Solutions: