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

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Exam Code: 1z0-1062-21

Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials

Updated: Jun 02, 2026

Q & A: 76 Questions and Answers

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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Youwant to move configuration from Development Instance to Production Instance. Which three entities can be moved by using out of the box XML download and upload functionality?

A) Analyst
B) Compensation Plan
C) Participant
D) Classification Rules
E) Credit Rules
F) BU Parameter
G) PayGroups
H) PaymentPlans
I) Credit Categories


2. You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

A) CN_SRP_PIAN_C0HPONENTS_ALL
B) CN_SRP_SUBLEDGER_ALL
C) CN_SRP_PARTICIPANTS_ALL
D) CN_TP_TRANSACTIONS_ALL
E) CN_SRP_PER_FORM_METRICS_ALL


3. A regional sales manager is promoted to a higherposition and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?

A) Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
B) No additional configurations are required because the application accommodates cross-region rollups.
C) Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.
D) Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit


4. An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement istrue to identify the root cause of the error?

A) The administrator must have defined'Point Rewards' as a monetary earning type.
B) The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
C) The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
D) The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
E) The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.


5. The 'Run Crediting and Rollup'process request completes successfully but no credits are created. Which three configurations must be verified?

A) The 'Deploy Credit Rule' process was run after the credit rules were created.
B) Participants assigned to a direct credit rule do not have the Manager role.
C) The transaction event date falls between thecredit rule start and end dates.
D) 'EnableDirect Crediting* is set to 'Yes' on the 'Manage Parameters'page.
E) The 'Deploy Compensation Plans' process was run after thecredit rules were created.
F) The same participants are not assigned to multiple credit rules in the hierarchy.


Solutions:

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

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