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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compensation Plans and Rules | - Plan Design
|
| Incentive Compensation Cloud Overview | - Core Concepts of Incentive Compensation
|
| Setup and Configuration | - Application Setup
|
| Incentive Calculation and Processing | - Calculation Engine
|
| Reporting and Administration | - System Administration
|
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?
- A. Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.
- B. Set Process Transaction= Individually and Interval - Quarter, select Running Total, select Accumulate for input expression 'credit transaction amount', and enter targets in the plan component associated with theperformance measure.
- C. Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.
- D. Set Process Transaction =Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.
Correct Answer: B 🗳️
Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?
- A. Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier - B. Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
- C. Create a team credit rule for this state and assign the participant as a credit receive
- D. Create a rollup hierarchy rule and assign the participant as a credit receiver.
Correct Answer: A 🗳️
View the following credit rule hierarchy:
Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?
- A. The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
- B. The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.
- C. The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
- D. The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
Correct Answer: D 🗳️
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 C
- B. Option E
- C. Option B
- D. Option D
- E. Option A
Correct Answer: A,B 🗳️
Of what type of role is Incentive Compensation Analyst an example?
- A. Abstract
- B. Work Area
- C. Duty
- D. Job
Correct Answer: D 🗳️
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