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

Updated: May 31, 2026
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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which option will never have access to the full Business Unit?

A) the Compensation Manager
B) the Compensation Analyst and the Participant
C) the Compensation Analyst
D) the Sales Manager and the Participant
E) the Participant


2. In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?

A) Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment
B) Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment
C) Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment
D) Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment
E) Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment


3. Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions and data a user has access to?

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


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

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


5. 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 A
D) Option B
E) Option C


Solutions:

Question # 1
Answer: E
Question # 2
Answer: E
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: B,E

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