Top 5 Tips to Crack 1Z0-1062-20 Oracle Incentive Compensation 2020 Implementation Essentials Exam

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For Oracle 1Z0-1062-20 Exam

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1Z0-1062-20 Certification Detail Exam Code

1Z0-1062-20

Full Exam Name

Oracle Incentive Compensation 2020 Implementation Essentials

Number of Questions

70

Practice Exams

1Z0-1062-20 Online Practice Exam

Passing Score

66%

Time Limit

120 minutes

Recommended Training

Oracle CX Sales and B2B Service Learning Subscription

Syllabus Topics for Oracle 1Z0-1062-20 Exam Topic Name Initial Setup

Compensation Plans

Participants

Crediting and Rollup

Credits and Earnings

Adjustments, Disputes and Payment Approval

Advanced Plan Structures and Calculations

Web service Integrations, Data Import/Export and Process Automation

Define Extensibility

Business Intelligence (BI) and Analytics

Creating and Modifying Roles, Functional and Data Security

Cloud Implementations

Oracle 1Z0-1062-20 Exam Questions

?

01. Of what type of role is Incentive Compensation Analyst an example?

Option a) Job

b) Abstract c) Duty d) Work Area

ANSWER a) Job

02. By using which method can a new participant be created In the Incentive Compensation application?

Option a) manually in the UI

b) using the Create Participant Web Service c) using the Import Participant process d) using the Create Participant task in Setup and Maintenance

ANSWER d) using the Create Participant task in Setup and Maintenance

03. Which three statements are true regarding Classification?

Option

a) Classification splits the credits among the participant credit receivers. b) Classification rules are used to classify transactions into meaningful credit categories. c) Rule criteria involve one or more transaction attributes. d) Qualifiers are ANDed and qualifier attribute values are ORed.

e) Classification process must be run before the Crediting process.

ANSWER c) Rule criteria involve one or more transaction attributes. d) Qualifiers are ANDed and qualifier attribute values are ORed. e) Classification process must be run before the Crediting process.

04. A profile option is set at Site and User levels. Which one takes precedence?

Option a) Site b) user c) Product

d) Global

ANSWER b) user

05. In which section of the Home screen do users receive notifications generated by the Approvals functionality?

Option a) Worklist: Notifications and Approvals

b) BPM Worklist c) Activity Stream d) Approval Manager

ANSWER a) Worklist: Notifications and Approvals

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