Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Incentive Compensation
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Updated: Sep 14, 2026
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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Configuring Incentive Compensation Plans | - Performance measures and plan components - Creation and management of compensation plans |
| Administering the Incentive Compensation System | - Classification and crediting setup - Participant and role management |
| Transaction Processing and Reporting | - Transaction classification and calculation - Reporting, dashboards, and analytics |
| Understanding Oracle Incentive Compensation Cloud | - Core implementation tasks and functional setup topics - Exam objectives and exam focus areas |
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?
- A. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
- B. Business Analyst, DBA, Reporting Specialist, Data Specialist
- C. System Administrator Business Analyst, Reporting Specialist, Project Manager
- D. System Administrator, Business Analyst, DBA, Project Manager
Correct Answer: A 🗳️
A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?
- A. Set Process Transaction= Individually and Interval - Quarter, select Running Total, select Accumulate for input expression 'credit transaction amount', and enter targets in the plan component associated with theperformance measure.
- B. Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.
- C. Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.
- D. Set Process Transaction =Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.
Correct Answer: A 🗳️
Which two statements are true regarding the Complete Calculation process?
- A. limited to only a particular sales hierarchy
- B. meant for minor changes that affect few participants
- C. recalculates all transactions for a given period
- D. can be time-consuming on very large volume transactions
Correct Answer: C,D 🗳️
Which three are reports you can customize few Mobile Commissions?
- A. Analytics: Details of the recent analysis of the sales participant
- B. Payments: Payment transactions and related details of the sales participant
- C. Credits: Credits and related details of the sales participant
- D. Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int
- E. Disputes: Details of the recent disputes raised by the sales participant
Correct Answer: B,C,E 🗳️
Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).
Which three participant related data can be used in calculation expressions without usinguserdefined functions?
- A. Participant Header Descriptive Flexfields
- B. Participant Details Descriptive Flexfields
- C. Resource Descriptive Flexfields
- D. Employee Descriptive Flexfields
- E. Standard Participant Fields such as currency code or cost center
Correct Answer: A,B,D 🗳️
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