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Oracle Incentive Compensation Cloud 2021 Implementation Essentials Questions and Answers

Question 1

A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter of a fiscal year identify the three steps that the incentive compensation application administrator must take to set up this requirement before associating the reward with a plan component. In this case, the fiscal year corresponds to the calendaryear.

Options:

A.

Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.

B.

Select the earning type to 'Monetary Earnings', define a conversion factor = 1, and define Start Date = 01-Oct and End Date - 31 Dec for the fiscal year.

C.

Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.

D.

Add a new row to the Conversion Factor section for the earning type 'Point Rewards'

E.

Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.

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Question 2

Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?

Options:

A.

Business Analyst, DBA, Reporting Specialist, Data Specialist

B.

System Administrator Business Analyst, Reporting Specialist, Project Manager

C.

System Administrator, Business Analyst, DBA, Project Manager

D.

Business Analyst, Reporting Specialist, Data Specialist, Project Manager

Question 3

In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.

How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

Options:

A.

The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.

B.

The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as

well as for the manager's direct credits.

C.

The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well

as for the manager's direct credits.

D.

The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.

E.

There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.