Oracle Incentive Compensation Cloud 2021 Implementation Essentials : 1z0-1062-21 Exam Questions

  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Jun 03, 2026
  • Q&As: 76 Questions and Answers

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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. You have a plan component, PCI, whoso output is dependent onplan component, PC2. Which two statements are true about achieving the stated objective?

A) PCI must have Calculation Phase as,Phase2' and PC2 must have calculation phase as 'Phase 1'.
B) PCI must have Calculation sequence less than that of PC2.
C) PCI must have Calculation Phase as 'Phase 1' and PC2 must have calculation phase as 'Phase2'.
D) PCI must have Calculation sequence greater than that of PC2.


2. Performance Measures can be addedto expressions in the expression builder. Which structures are supported?

A) Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
B) The goalof one performance measure can be used in the formulaexpression of a different performance measure.
C) A, B, and C
D) Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
E) A and D
F) The output of five performance measures can be combined in the formula expression of a plan component.


3. 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 Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
B) The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
C) The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.
D) The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively


4. In which section of the Home screen dousers receive notifications generated by the Approvals functionality?

A) Worklist: Notifications and Approvals
B) BPM Worklist
C) Activity Stream
D) Approval Manager


5. 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 D
B) Option B
C) Option C
D) Option A
E) Option E


Solutions:

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

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