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

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Exam Code: 1z0-1062-21

Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials

Updated: May 27, 2026

Q & A: 76 Questions and Answers

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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Which three participant related data can be used in calculation expressions without usinguserdefined functions?

A) Participant Details Descriptive Flexfields
B) Participant Header Descriptive Flexfields
C) Resource Descriptive Flexfields
D) Standard Participant Fields such as currency code or cost center
E) Employee Descriptive Flexfields


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


3. You have to write a custom function that accesses the performancemeasure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?

A) CM SRP PARTICIPANTS ALL
B) CN SRP_PER_FORM_METRICS_ALL
C) CN TP KEASURE_RESULTS_ALL
D) CW_TP_EARNINGS_ALL


4. Your client is tuning four performance measures with the same output expression 'SUM (Credit.Credit Amount)' and no scorecard. The following transactions were processed through the performance measure.

On examining closely, you found that though performance measure has the same output expression, the output (refer below) for the performance measure is not equal.

Which performance measure attribute is responsible for this variation?

A) Unit of Measure
B) Process Transactions
C) Distribute By
D) Performance Interval


5. Which two statements are true about disputes?

A) Disputes are assigned to the analyst who is associated with the participant creating the dispute.
B) Participants can view the disputes they have created in their worklist
C) Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.
D) Compensation Managers can reassign disputes todifferent analysts.


Solutions:

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

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