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Last Updated: Oct 02, 2026
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Oracle 1z0-1062-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Incentive Compensation Cloud Overview | - Core Concepts of Incentive Compensation
|
| Reporting and Administration | - Reports and Analytics
|
| Setup and Configuration | - Security Configuration
|
| Compensation Plans and Rules | - Plan Design
|
| Incentive Calculation and Processing | - Calculation Engine
|
Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:
The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?
- A. Payment batches can be edited and reprocessed.
- B. No adjustment can be done for that period.
- C. Pay sheets can be adjustedaccordingly.
- D. Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
Correct Answer: C 🗳️
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. System Administrator, Business Analyst, DBA, Project Manager
- C. Business Analyst, DBA, Reporting Specialist, Data Specialist
- D. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
Correct Answer: D 🗳️
Which three are reports you can customize few Mobile Commissions?
- A. Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int
- B. Payments: Payment transactions and related details of the sales participant
- C. Credits: Credits and related details of the sales participant
- D. Analytics: Details of the recent analysis of the sales participant
- E. Disputes: Details of the recent disputes raised by the sales participant
Correct Answer: B,C,E 🗳️
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In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?
- A. Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment
- B. Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
- C. Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment
- D. Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment
- E. Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
Correct Answer: C 🗳️
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Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?
- A. whileexecuting the program to enable Descriptive Flex-field for BI Reporting
- B. while deploying the flexfield by selecting the Enable for Reporting check box
- C. while creating subject areas for Incentive Compensation Reporting
- D. while defining the segments by selecting the Enable for Reporting check box
Correct Answer: D 🗳️
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