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

1z0-1062-21 real exams

Exam Code: 1z0-1062-21

Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials

Updated: Jul 30, 2026

Q & A: 76 Questions and Answers

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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionWeightObjectives
Participants, Payments, and Reporting15%- Analytics, Dashboards, and Reports
- Participant Setup and Hierarchies
- Maintenance and Troubleshooting
- Paysheets and Payment Administration
Compensation Plans and Components25%- Earnings and Calculation Logic
- Rate Tables and Tiers
- Performance Measures and Formulas
- Plan Design and Creation
Core Setup and Configuration25%- Profile Options and Parameters
- Enterprise Structure and Reference Data
- Calendars, Periods, and Currencies
Classification and Crediting20%- Crediting Hierarchies and Rules
- Transaction Classification Rules
- Processing Transactions
Overview of Incentive Compensation Cloud15%- Key Concepts and Architecture
- Security and Access Control
- Implementation Methodology

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A report with relevance to Contacts has to be built to show the entire business life cycle associated to the Contact. The developer decides to design the report by combiningreports using SQL. He has taken care of having multiple logical statements based on common ID/Keys, yet he finds some issues due to Joins in reports.
Identify the technique that could resolve the Join issue.

A) This technique does not allow you to Join multiple logical SQL statements by using Inner Join and Outer Join.
B) This technique allows you to Join multiple logical SQL statements by using Equi Join and Cross Join.
C) This technique allows you to Join multiple logical SQL statements by using Inner Join, Outer Join and Doss Join.
D) This technique allows you to Join multiple logical SQL statements by using Equi Joins.
E) This technique allows you to Join multiple logical SQL statements by using Inner Join and Outer Join.


2. Your client is tuning four performance measures with the same output expression 'SUM (Credit.Credit Amount)' and no scorecard. The following transactions were processed through the performance measure.

On examining closely, you found that though performance measure has the same output expression, the output (refer below) for the performance measure is not equal.

Which performance measure attribute is responsible for this variation?

A) Unit of Measure
B) Performance Interval
C) Process Transactions
D) Distribute By


3. Which statement is true about classification rules and credit categories?

A) You can associate only one credit category to a classification rule.
B) You can associatemultiple credit categories to a classification rule.
C) You can associate classification rule to credit category via performance measure.
D) You can define the split credit percentage at classification rule UI.


4. A profile option is set at Site and User levels. Which one takes precedence?

A) Global
B) Product
C) Site
D) user


5. A classification ruleshierarchyis set up as:

The performance measure 'Storage attainment' is associated withcategory STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE.
If the transaction is:

What will the application do when the Classification and Calculation processes are run?

A) associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment*
B) associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment'
C) associate both credit categories (STORAGE and HARD DRIVE) withKm-transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
D) associate the credit category HARD DRIVE with the transaction during the Classification process andlater, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment')
E) associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure
'Storage attainment'


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: A

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