2020 Latest Oracle 1Z0-1062 Exam Questions - 1Z0-1062 Dumps
                     Oracle
1z0-1062
Version: Demo
[ Total Questions: 10]
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Practice Exam Oracle - 1z0-1062
Question #:1
A profile option is set at Site and User levels. Which one takes precedence?
A.  Site
B.  user
C.  Product
D.  Global
Answer: B
Explanation
The value you specify for this profile option at the user level takes precedence over the value that is set for this
profile option by the system administrator at the site, application, responsibility, or user level.
https://docs.oracle.com/cd/E18727_01/doc.121/e13510/T447343T355483.htm
Question #:2
Which descriptive flexfield should you use to update Incentive Compensation Transaction details?
A.  CM_TP_TRANSACTIOM_DFP
B.  FIC_TRANSACTION_DFF
C.  CN_TP_BASETRAHS_DFF
D.  XC BASE_TRANS_DFF
Answer: A
Question #:3
A customer wants to credit one of its sales managers to receive direct credit for each sale in a particular state
How can you accomplish this?
A.  Create a team credit rule for this state and assign the participant as a credit receive
B.  Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
C.  Create a rollup hierarchy rule and assign the participant as a credit receiver.
D.  Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier
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Practice Exam Oracle - 1z0-1062
Answer: D
Question #:4
Of what type of role is Incentive Compensation Analyst an example?
A.  Job
B.  Abstract
C.  Duty
D.  Work Area
Answer: A
Explanation
Job roles and abstract roles inherit duty roles. For example, the Incentive Compensation Analyst job role
inherits the Incentive Compensation Participant Assignments Duty, Incentive Compensation Credits and
Earnings Duty, Incentive Compensation Participant Snapshot Management Duty, and the Incentive
Compensation Payments Duty. The Compensation Participant Assignments Duty makes it possible for the
analyst to assign plans, roles, pay groups, and payment plans to the participant. The Incentive Compensation
Payments Duty enables payment batch assembly and paysheet management.
Question #:5
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.  Previous Interval Attainment
B.  Rolling Average Attainment
C.  Date Difference
D.  YTD (Year-to date) Target Incentive
Answer: C
Question #:6
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Practice Exam Oracle - 1z0-1062
Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions
and data a user has access to?
A.  Security Profile
B.  Role
C.  Responsibility
D.  Job
Answer: D
Question #:7
A company has itsclassificationrules, which are at the samelevel in the hierarchy, set up as:
Which option showsthecredit category or categoriesthatwill be assigned to this transaction during the
Classification process?
A.  COMPUTERS
B.  LAPTOP
C.  TOSHIBA
D.  INTEL
Answer: C
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Practice Exam Oracle - 1z0-1062
Question #:8
A client wants to associate both monthly and quarterly calendars with an incentive compensation business
unit. Which method do you use to set up multiple calendars for incentive compensation business units?
A.  Go to the Manage Calendars in the Define Incentive Compensation Shared Configuration task list and
associate the business unit with a desired period type.
B.  Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration
task list and select a calendar; only one calendar can be selected.
C.  Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list
and associate the same business unit with both calendars.
D.  Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration
task list and select both calendars.
Answer: C
Question #:9
An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is
defining the same start date for two periods with a different end date.
Which Statement represents the error for this scenario?
A.  Please select the period type for each newly-added period row.
B.  The start date cannot be later than the end date for a period.
C.  The date range should not overlap with any other period.
D.  The period is overlapping with system defined quarterly period.
Answer: B
Question #:10
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?
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
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B.  
Practice Exam Oracle - 1z0-1062
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 will be no rollup credits for the manager and the director because a manager cannot be configured
to receive both rollup and direct credits.
Answer: C
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