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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter of a fiscal year identify the three steps that the incentive compensation application administrator must take to set up this requirement before associating the reward with a plan component. In this case, the fiscal year corresponds to the calendaryear.

A) Add a new row to the Conversion Factor section for the earning type 'Point Rewards'
B) Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.
C) Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.
D) Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.
E) Select the earning type to 'Monetary Earnings', define a conversion factor = 1, and define Start Date =
01-Oct and End Date - 31 Dec for the fiscal year.

2. Which two statements are true when you create an expression?

A) Anexpression like Credit.Credit__Amount*SUM(Credit.Quantity) will be invalid because the application does not allow you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
B) You can use the metrics of a performance measure but not of a plan component in your expression.
C) An expression like Credit.Credit Amount* SUM(Credit.Quantity) will be valid because the application allows you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
D) You can use the metrics of both plan components andperformance measures in your expression.
E) You can use the metrics of a plan component but not of a performance measure in your expression.

3. An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string'MORE'; ifthetransaction amount is less than 1000, it should returnthestring 'LESS'; and if the transaction amount is equal to 1000, It should return thestring'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?

A) Option E
B) Option B
C) Option C
D) Option D
E) OptionA

4. A team rollup rule has five credit receivers witheach teammember reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?

A) No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.
B) Only the direct credit receiver's manager will receive the managerial rollup credit.
C) All team member managers will receive the managerial rollup credit.
D) The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.
E) The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.

5. Your client wants to encourage continuous growth from quarter, toquarterto ensure its representatives are pushing themselves and growing the business. As such, your client has created a quarterly SPIF(Sales Promotion Incentive Fund) to reward growth. The client wants to take the current quarter's attainment, and compare it to prior quarters. If growth Is positive, the client will give them an additional$2000.If not, then nothing.
Which expression should you use to meet the requirement?

A) Rolling Average Attainment
B) YTD (Year-to date) Target Incentive
C) Previous Interval Attainment
D) Date Difference

Solutions: