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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. 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) TOSHIBA
B) COMPUTERS
C) INTEL
D) LAPTOP

2. Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A) Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier
B) Create a rollup hierarchy rule and assign the participant as a credit receiver.
C) Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
D) Create a team credit rule for this state and assign the participant as a credit receive

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

A) 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
B) when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
C) when the incentive is to be calculated based on many transactions grouped over an Interval
D) when the incentive Is to be calculated on a per transaction basis

4. Your client wants to encourage continuous growth from quarter, toquarterto ensure its representatives are pushing themselves and growing the business. As such, your client has created a quarterly SPIF(Sales Promotion Incentive Fund) to reward growth. The client wants to take the current quarter's attainment, and compare it to prior quarters. If growth Is positive, the client will give them an additional$2000.If not, then nothing.
Which expression should you use to meet the requirement?

A) Date Difference
B) YTD (Year-to date) Target Incentive
C) Previous Interval Attainment
D) Rolling Average Attainment

5. View the following credit rule hierarchy:

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?

A) The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.
B) The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
C) The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
D) The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.

Solutions: