Download Oracle : 1z0-1062-21 Questions & Answers as PDF & Test Software
Updated: Jun 06, 2026
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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
1. 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 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'
B) 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*
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'
2. Of what type of role is Incentive Compensation Analyst an example?
A) Duty
B) Job
C) Work Area
D) Abstract
3. Will the earnings for participants be calculated once their Active End Date has elapsed?
A) Earnings will not be calculated if their Active End Date has elapsed.
B) Earnings will not be calculated if their Compensation End date has elapsed.
C) Earnings will be calculatedlotparticipants as long as they exist m the fusion Incentive Compensation system.
D) Earnings will be calculated foe participants as long as they remainassigned to a compensation plan.
4. Which two statements are true about disputes?
A) Participants can view the disputes they have created in their worklist
B) Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.
C) Disputes are assigned to the analyst who is associated with the participant creating the dispute.
D) Compensation Managers can reassign disputes todifferent analysts.
5. Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?
A) Upgrade Production to the next release.
B) Import the Compensation Plans.
C) Enter a Service Request with My Oracle Support.
D) Set up the P2T tasks in Functional Setup Manager.
E) Align your patch levelbetween Production and Test environments.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D,E |
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