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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which three are reports you can customize few Mobile Commissions?

A) Credits: Credits and related details of the sales participant
B) Payments: Payment transactions and related details of the sales participant
C) Analytics: Details of the recent analysis of the sales participant
D) Disputes: Details of the recent disputes raised by the sales participant
E) Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int

2. The status of the ESS (Enterprise Scheduler Service) requestis 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A) Answer B plus-You must set 'Enable Rollup' to 'Yes1and select 'Rollup in Credit Hierarchy.
B) Answer B plus-You must run Deploy Credit Rules for the correct date range.
C) Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.
D) The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.
E) Answer B plus-You must assign the correct credit category to the performance measure.

3. Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A) CN_TP_BASETRAHS_DFF
B) CM_TP_TRANSACTIOM_DFP
C) XC BASE_TRANS_DFF
D) FIC_TRANSACTION_DFF

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

5. You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earnedamount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?

A) Measure result.PM1.Output
B) Measureresult.PM1.PTDOutputAchieved
C) SUM ( Credit.Credit Amount )
D) Credit.Credit Amount

Solutions: