Exam Name: Oracle Incentive Compensation Cloud 2019 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Sales Cloudv2
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Oracle 1Z1-1062 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Compensation Plan Design | - Rate Tables and Performance Measures - Classification Rules and Credit Categories - Build Compensation Plans and Components |
| Topic 2: Reporting and Analysis | - Create Analyses with BI Composer - Strategy for Complex Reporting |
| Topic 3: Processes and Transactions | - Transaction Collection, Import and Classification - Retro Calculations and Revert Process - Crediting, Rollup and Calculation Processes |
| Topic 4: Oracle Incentive Compensation Cloud Fundamentals | - Cloud Instance Management and Setup - Overview of Oracle Incentive Compensation Cloud |
| Topic 5: Troubleshooting and Advanced Topics | - Troubleshoot Processing Errors - Advanced Plan Structures and Expressions |
| Topic 6: Configuration and Administration | - Configure Roles, Security, and Duty Roles - Enable Descriptive Flex Fields and List of Values - Application Parameters and Hybrid Crediting |
1Z1-1062 (Oracle) Exam: Your Questions Answered
Oracle Incentive Compensation Cloud 2019 Implementation Essentials is an official Oracle exam, catalogued under the code 1Z1-1062. A pass awards you the Oracle Sales Cloudv2 certification at the Implementation Specialist level. It also supports progress toward Oracle Incentive Compensation 2019 Certified Implementation Specialist. Demand for this credential has stayed strong because it validates skills employers can use from day one.
The Oracle Incentive Compensation Cloud 2019 Implementation Essentials exam packs 60 questions into 105 minutes. Candidates rarely fail because of one impossible topic; they fail because ten minutes vanished on three stubborn questions. Build a triage habit now: answer, flag, move on, return later. Timed full-length sessions in the NewPassLeader test engine are the most honest way to practice that discipline before it counts.
You pass Oracle Incentive Compensation Cloud 2019 Implementation Essentials at 64%, and the official registration fee stands at USD 245. One detail worth internalizing: there is no retake discount, so a second sitting costs another full USD 245. Use the NewPassLeader practice tests as your gauge and book only when your results clear the requirement with a repeatable margin, not a one-off peak.
None (Oracle recommends hands-on experience with Oracle Incentive Compensation Cloud)
Vendor policies shift over time, so confirm the current entry conditions before paying any registration fee; the official exam page is the authoritative source.
Yes. A free demo of the Oracle Incentive Compensation Cloud 2019 Implementation Essentials material is available on this page, so you can verify the quality of the questions and the expert-edited answers yourself. Once you purchase, updates are free for 365 days and the newest version is emailed to you automatically as it releases; after expiry, extending the update service costs 50% of the regular price.
A 100% money-back guarantee covers your purchase under defined conditions. If you take the Oracle Incentive Compensation Cloud 2019 Implementation Essentials exam within 60 days of buying and fail, you can claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders, and the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, you may exchange rather than refund: two other exam products of equal value, free, with the update service on your original purchase kept intact.
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Oracle Incentive Compensation Cloud 2019 Implementation Essentials spans 6 official domains. The most heavily weighted include Processes and Transactions, Configuration and Administration, and Compensation Plan Design. The full topic list is published above on this page; let the weightings decide where your next study hour goes.
Oracle Incentive Compensation Cloud 2019 Implementation Essentials Sample Questions:
Which format must the date column value have In File Based Data Import?
- A. MM/DD/YYYY
- B. Date format is configurable
- C. YYYY/MM/DD
- D. DD/MM/YYYY
Correct Answer: B 🗳️
Explanation: Only visible for NewPassLeader members. You can sign-up / login (it's free).
A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.
- A. 'Display period data in participant reports' is selected.
- B. Start and end dates for the fiscal months are valid.
- C. Status is set to 'Active' for all of the required months.
- D. Report to work area mapping is defined for each period.
Correct Answer: B 🗳️
An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement is true to identify the root cause of the error?
- A. The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
- B. The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'. - C. The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
- D. The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
- E. The administrator must have defined 'Point Rewards' as a monetary earning type.
Correct Answer: D 🗳️
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 D
- B. Option E
- C. Option C
- D. Option A
- E. Option B
Correct Answer: B,C 🗳️
An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string'MORE'; ifthetransaction amount is less than 1000, it should returnthestring 'LESS'; and if the transaction amount is equal to 1000, It should return thestring'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?
- A. Option D
- B. Option E
- C. Option C
- D. Option A
- E. Option B
Correct Answer: A,E 🗳️
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