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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A compensation analyst wants to pay commissions calculated for period 4 that were initially missed. The current datefalls into period 8, and the last paid payment batch was in period 7.
Identify two options available for the compensation analyst to pay for period 4 commissions.

A) Create and pay another payment batch for period 4.
B) Create and pay another payment batch for period 7.
C) Create and pay another payment batch for period 6.
D) Create and pay another payment batch for period 5.
E) Create and pay a payment batch for period 8.

2. Which asset typo must you select for searching web service in Oracle Enterprise Repository?

A) ADF service Data Object
B) Composite Service
C) ADF Service
D) Composite

3. 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) Align your patch levelbetween Production and Test environments.
B) Upgrade Production to the next release.
C) Import the Compensation Plans.
D) Enter a Service Request with My Oracle Support.
E) Set up the P2T tasks in Functional Setup Manager.

4. Which are the three broad categories, based on which cross subject area reporting can be built?

A) combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference
B) using common and local dimensions
C) using common dimensions
D) combining logical SQL using the Advanced tab

5. A payment plan is to be configured to pay a minimum (draw) flat amount of 8,000 per period, which is nonrecoverable. Payment adjustments must be applied only to commission type earnings, and bonus earnings should not be adjusted by the payment plan.
How should you configure the payment plan?

A) Associate the 'Commission' payment group category to "Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 In the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select 'Yes' for the Carry forward Maximum drop down, select 'Yes'for the Minimum Recovery option, and
'Immediate' for the Recovery Start option.
B) Associate the "Commission" payment group category to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category dropdown, enter 8,000 in the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select "Yes" for the Carry Forward Maximum drop down, and select 'No' for the Minimum Recovery option.
C) Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select 'No' for the Minimum Recovery option.
D) Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select the 'Yes' for the Minimum Recovery option and 'Immediate' for the Recovery Start option.

Solutions: