Oracle 1z0-1062-21 Q&A - in .pdf

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  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Oct 02, 2026
  • Q & A: 76 Questions and Answers
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1z0-1062-21 Practice Dumps

Oracle 1z0-1062-21 Exam Syllabus Topics:

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

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question #1

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

  • A. Clone custom objects in Application Composer
  • B. Export Compensation Plans to XML
  • C. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
  • D. Export and Import reports by using the archive/unarchive function.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

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

  • A. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
  • B. APPLICATION IMPLEMENTATION CONSUI TANT
  • C. COMPENSATION PLAN ADMINISTRATOR
  • D. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
  • E. BI_ADMINISTRATOR
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

The estimated Compensation module_________

  • A. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
  • B. uses Opportunitiesin Sales Cloud to calculate what earnings would be if they became orders
  • C. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
  • D. both B and C
  • E. works in runtime mode and can be invoked via a web service from third-party applications
  • F. both B and D
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

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 sequence greater than that of PC2.
  • B. PCI must have Calculation Phase as,Phase2' and PC2 must have calculation phase as 'Phase 1'.
  • C. PCI must have Calculation sequence less than that of PC2.
  • D. PCI must have Calculation Phase as 'Phase 1' and PC2 must have calculation phase as 'Phase2'.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

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

  • A. FIC_TRANSACTION_DFF
  • B. CN_TP_BASETRAHS_DFF
  • C. CM_TP_TRANSACTIOM_DFP
  • D. XC BASE_TRANS_DFF
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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