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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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 creating subject areas for Incentive Compensation Reporting
C) while defining the segments by selecting the Enable for Reporting check box
D) while deploying the flexfield by selecting the Enable for Reporting check box

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

3. Which two methods are valid when assigning a pay group to a participant?

A) Assign the pay group directly to the participant.
B) Assign the pay group tothe credit category and allow the participant to inherit the pay group.
C) If there is only one paygroup, all participants are automatically assigned to the pay group.
D) Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
E) Assign the role to the pay group and allow the participant to inherit the pay group.

4. By using which method can a new participant be created In the Incentive Compensation application?

A) using the Import Participant process
B) using the Create Participant task in Setupand Maintenance
C) using the Create Participant Web Service
D) manually in the UI

5. Which two statements are true about disputes?

A) 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.
B) Participants can view the disputes they have created in their worklist
C) Compensation Managers can reassign disputes todifferent analysts.
D) Disputes are assigned to the analyst who is associated with the participant creating the dispute.

Solutions: