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

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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Althoughsome of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?

A. Select Operating Currency as USD and Processing Currency as USD.
B. Select Operating Currency as USD andselect Processing Currency as Participant's Home Currency.
C. Select Processing Currency as USD only. Operating Currency is not mandatory.
D. Select Operating Currency as USD and select Processing Currency as Operating Currency.

Question 2

A profile option is set at Site and User levels. Which one takes precedence?

A. Product
B. user
C. Global
D. Site

Question 3

An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?

A. The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
B. The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
C. The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
D. The administrator can assign quotas to participants based on integration with Oracle HumanResources Cloud Compensation Workbench.

Question 4

A company has itsclassificationrules, which are at the samelevel in the hierarchy, set up as:

Whichoption showsthecredit category or categoriesthatwill be assigned to this transaction during the Classification process?

A. LAPTOP
B. COMPUTERS
C. TOSHIBA
D. INTEL

Question 5

When should you set 'Calculate Incentive = Per Event'while building a plan component?

A. when the incentive is to be calculated based on many transactions grouped over an Interval
B. when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations
C. when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
D. when the incentive Is to be calculated on a per transaction basis

Solutions: