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Oracle 1Z1-1015 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Incentive Compensation Fundamentals | - Overview of Oracle Incentive Compensation Cloud
|
| Topic 2: Reporting and Troubleshooting | - Issue resolution
|
| Topic 3: Credit and Transaction Management | - Credit rules
|
| Topic 4: Configuration and Setup | - Incentive plan setup
|
| Topic 5: Incentive Calculations | - Compensation calculation engine
|
Questions and Answers About Oracle Incentive Compensation Cloud 2018 Implementation Essentials
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The package includes 75 practice questions for the 1Z1-1015 exam, all with verified answers. The same content is available in three formats, so you can switch freely.
The 1Z1-1015 exam contains 55-60 questions to complete within 120 minutes minutes. Rehearsing under the same limit on the simulator builds calm, automatic pacing.
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Recommended experience with Oracle Incentive Compensation Cloud and basic understanding of Oracle Cloud Applications
- Configuration and Setup ()
- Incentive Compensation Fundamentals ()
- Reporting and Troubleshooting ()
Plan your hours according to each topic's weight.
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Oracle Incentive Compensation Cloud 2018 Implementation Essentials Sample Questions:
You have created one performance measure, PM1, which has the following definition with calculation sequence 1.
You want to refer PMl output in performance measure 2 having calculation sequence 2. Which two statements are true?
- A. You cannot access output of PMl In output expression of PMl.
- B. You can refer to attribute Measure result.PMl.Output.
- C. You can refer to attribute Measure result.PMl.Input.
- D. You can refer to attribute Measure result.PMl.PTD Output Achieved.
- E. You can refer to attribute Measure result .PMl.PTD Output Achieved.
Correct Answer: A,C 🗳️
An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement is true to identify the root cause of the error?
- A. The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
- B. The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.
- C. The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'. - D. The administrator must have defined 'Point Rewards' as a monetary earning type.
- E. The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
Correct Answer: B 🗳️
Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.
- A. BI_ADMINISTRATOR
- B. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
- C. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
- D. APPLICATION IMPLEMENTATION CONSUI TANT
Correct Answer: A 🗳️
Which option will never have access to the full Business Unit?
- A. the Participant
- B. the Sales Manager and the Participant
- C. the Compensation Manager
- D. the Compensation Analyst and the Participant
- E. the Compensation Analyst
Correct Answer: A 🗳️
Will the earnings for participants be calculated once their Active End Date has elapsed?
- A. Earnings will be calculated lot participants as long as they exist m the fusion Incentive Compensation system.
- B. Earnings will be calculated foe participants as long as they remain assigned to a compensation plan.
- C. Earnings will not be calculated if their Compensation End date has elapsed.
- D. Earnings will not be calculated if their Active End Date has elapsed.
Correct Answer: A 🗳️
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