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Oracle 1z0-1062-21 Frequently Asked Questions

Oracle 1z0-1062-21 Sample Questions

Question # 1

Identify the roles that are critical for implementation users to enable them to perform setuptasks In Fusion Setup Manager.

A. COMPENSATION PLAN ADMINISTRATOR
B. APPLICATION IMPLEMENTATION CONSUI TANT
C. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
D. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
E. BI_ADMINISTRATOR


Question # 2

A profile option is set at Site and User levels. Which one takes precedence?

A. Site
B. user
C. Product
D. Global


Question # 3

An Incentive Compensation administrator wants to import the participant information fromOracle Human Resources Cloud for the employees having Job as 'Operation Support'.Which task can the Incentive Compensation administrator perform?

A. The administrator can assign quotas to participants based on integration with OracleHumanResources Cloud Compensation Workbench.
B. The administrator can use the Human Resources Cloud Job field to filter whichparticipants to include in the Import.
C. The administrator can assign roles to participants based on the Oracle HumanResources Cloud Job to Role mapping.
D. The administrator can assign compensation plans to participants based on the OracleHuman Resources Cloud Job to Plan mapping.


Question # 4

You are required to create a compensation plan where commission is paid 6% oftransaction amount for credit category 'Laptop'. Also reporting requirement dictates you tocapture each older number along with earnedamount at the order level. You are alsoexpected to reuse already created expressions to maximize re usability.Which expression will you not be able to use in the plan component - Incentive formula?

A. Measure result.PM1.Output
B. Measureresult.PM1.PTDOutputAchieved
C. SUM ( Credit.Credit Amount )
D. Credit.Credit Amount


Question # 5

You are planning to move your configurations from the staging environment to theproduction environment.Which task must you not include?

A. Export and Import reports by using the archive/unarchive function.
B. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
C. Clone custom objects in Application Composer
D. Export Compensation Plans to XML


Question # 6

The incentive compensation application set the paymentbatchstatus to 'Paid’ for aparticular period and the payments have to be adjusted for a Which is the correct way to dothis?

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 thenew payment batch.


Question # 7

Which Oracle Sales Cloud and Incentive Compensation applications security constructcontrols what functions and data a user has access to?

A. Security Profile
B. Role
C. Responsibility
D. Job


Question # 8

Your configurations and reports are moved to the Production environment. You want tocopy thorn to your Test environment. When should you schedule P2T?

A. when P2T tasks are set up In FSM
B. after the next patch is applied to Test
C. once Production and Test are aligned on the same patch
D. after the next patch is applied to Production


Question # 9

Whichoption showsthecredit category or categoriesthatwill be assigned to this transactionduring the Classification process?

A. COMPUTERS
B. LAPTOP
C. TOSHIBA
D. INTEL


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