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Oracle 1z0-1062-21 Exam Syllabus Topics:

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. The incentive compensation application set the paymentbatchstatus to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

A) No adjustment can be done for that period.
B) Payment batches can be edited and reprocessed.
C) Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
D) Pay sheets can be adjustedaccordingly.

2. Performance Measures can be addedto expressions in the expression builder. Which structures are supported?

A) The goalof one performance measure can be used in the formulaexpression of a different performance measure.
B) Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
C) A and D
D) The output of five performance measures can be combined in the formula expression of a plan component.
E) Output of performance measure on one plan component can be used asInput to rate table on another performance measure on a different plan component.
F) A, B, and C

3. Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?

A) Import the Compensation Plans.
B) Enter a Service Request with My Oracle Support.
C) Align your patch levelbetween Production and Test environments.
D) Set up the P2T tasks in Functional Setup Manager.
E) Upgrade Production to the next release.

4. Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A) CN_TP_BASETRAHS_DFF
B) CM_TP_TRANSACTIOM_DFP
C) XC BASE_TRANS_DFF
D) FIC_TRANSACTION_DFF

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

Solutions: