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Download Oracle : 1z0-1062-21 Questions & Answers as PDF & Test Software

Last Updated: Jun 06, 2026

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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A) Create a rollup hierarchy rule and assign the participant as a credit receiver.
B) Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
C) Create a team credit rule for this state and assign the participant as a credit receive
D) Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier


2. Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

A) Participant Home
B) Processing
C) Operating
D) Functional


3. Which three are reports you can customize few Mobile Commissions?

A) Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int
B) Credits: Credits and related details of the sales participant
C) Analytics: Details of the recent analysis of the sales participant
D) Disputes: Details of the recent disputes raised by the sales participant
E) Payments: Payment transactions and related details of the sales participant


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. A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ'and margin is between 0 and 10 percent,the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A) Option E
B) Option D
C) Option C
D) Option A
E) Option B


Solutions:

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

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