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

  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 22, 2026     Q & A: 76 Questions and Answers

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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Transaction Processing and Reporting- Transaction classification and calculation
- Reporting, dashboards, and analytics
Topic 2: Configuring Incentive Compensation Plans- Performance measures and plan components
- Creation and management of compensation plans
Topic 3: Administering the Incentive Compensation System- Participant and role management
- Classification and crediting setup
Topic 4: Understanding Oracle Incentive Compensation Cloud- Exam objectives and exam focus areas
- Core implementation tasks and functional setup topics

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A) The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
B) The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
C) The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
D) The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
E) There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.


2. 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) OptionA
B) Option C
C) Option B
D) Option D
E) Option E


3. Which asset typo must you select for searching web service in Oracle Enterprise Repository?

A) ADF Service
B) Composite Service
C) Composite
D) ADF service Data Object


4. Which option will never have access to the full Business Unit?

A) the Sales Manager and the Participant
B) the Participant
C) the Compensation Analyst and the Participant
D) the Compensation Manager
E) the Compensation Analyst


5. Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this beaccomplished?

A) Copy the Participant role and add Analyst Duty Roles.
B) Create a new role template.
C) Create a new role and add read privileges.
D) Copy the Analyst Role and delete all privileges in the provisioning template other than Read.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C,D
Question # 3
Answer: C
Question # 4
Answer: B
Question # 5
Answer: C

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