Oracle Incentive Compensation Cloud 2021 Implementation Essentials : 1z0-1062-21

  • Exam Code: 1z0-1062-21
  • Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
  • Updated: Aug 28, 2026     Q & A: 76 Questions and Answers

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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionWeightObjectives
Classification and Crediting20%- Processing Transactions
- Transaction Classification Rules
- Crediting Hierarchies and Rules
Compensation Plans and Components25%- Performance Measures and Formulas
- Plan Design and Creation
- Rate Tables and Tiers
- Earnings and Calculation Logic
Overview of Incentive Compensation Cloud15%- Key Concepts and Architecture
- Implementation Methodology
- Security and Access Control
Participants, Payments, and Reporting15%- Participant Setup and Hierarchies
- Analytics, Dashboards, and Reports
- Paysheets and Payment Administration
- Maintenance and Troubleshooting
Core Setup and Configuration25%- Profile Options and Parameters
- Calendars, Periods, and Currencies
- Enterprise Structure and Reference Data

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

Question 1

You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

A. CN_SRP_SUBLEDGER_ALL
B. CN_SRP_PIAN_C0HPONENTS_ALL
C. CN_TP_TRANSACTIONS_ALL
D. CN_SRP_PER_FORM_METRICS_ALL
E. CN_SRP_PARTICIPANTS_ALL


Question 2

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 C
B. Option E
C. Option B
D. Option D
E. Option A


Question 3

Youwant to move configuration from Development Instance to Production Instance. Which three entities can be moved by using out of the box XML download and upload functionality?

A. Analyst
B. Compensation Plan
C. PaymentPlans
D. PayGroups
E. Credit Categories
F. BU Parameter
G. Credit Rules
H. Participant
I. Classification Rules


Question 4

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


Question 5

Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules,andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

A. Incentive Compensation Participant Import
B. Incentive Compensation Participant Detail Import
C. Incentive Compensation Transaction Import
D. Incentive Compensation Participant Goal Import
E. Incentive Compensation Credit Category Import
F. Incentive Compensation Classification Rule Import
G. Incentive Compensation Compensation Plan Import


Solutions:

Question 1
Answer: C
Question 2
Answer: A,B
Question 3
Answer: B,G,H
Question 4
Answer: D
Question 5
Answer: A,C,E

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