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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Compensation Plans and Components | 25% | - Performance Measures and Formulas - Earnings and Calculation Logic - Rate Tables and Tiers - Plan Design and Creation |
| Overview of Incentive Compensation Cloud | 15% | - Security and Access Control - Key Concepts and Architecture - Implementation Methodology |
| Participants, Payments, and Reporting | 15% | - Maintenance and Troubleshooting - Analytics, Dashboards, and Reports - Paysheets and Payment Administration - Participant Setup and Hierarchies |
| Classification and Crediting | 20% | - Crediting Hierarchies and Rules - Transaction Classification Rules - Processing Transactions |
| Core Setup and Configuration | 25% | - Enterprise Structure and Reference Data - Profile Options and Parameters - Calendars, Periods, and Currencies |
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. System Administrator Business Analyst, Reporting Specialist, Project Manager
- B. Business Analyst, DBA, Reporting Specialist, Data Specialist
- C. System Administrator, Business Analyst, DBA, Project Manager
- D. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
Correct Answer: D 🗳️
Performance Measures can be addedto expressions in the expression builder. Which structures are supported?
- A. Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
- B. Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
- C. A, B, and C
- D. A and D
- E. The output of five performance measures can be combined in the formula expression of a plan component.
- F. The goalof one performance measure can be used in the formulaexpression of a different performance measure.
Correct Answer: C 🗳️
A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.
- A. Assign the participant to the global business unit and global role,
- B. Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.
- C. Assign the participant to a new role and resource group.
- D. Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.
Correct Answer: B 🗳️
By using which method can a new participant be created In the Incentive Compensation application?
- A. manually in the UI
- B. using the Create Participant Web Service
- C. using the Import Participant process
- D. using the Create Participant task in Setupand Maintenance
Correct Answer: D 🗳️
Which asset typo must you select for searching web service in Oracle Enterprise Repository?
- A. ADF service Data Object
- B. ADF Service
- C. Composite Service
- D. Composite
Correct Answer: D 🗳️
