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Last Updated: Aug 15, 2026

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Oracle 1z0-1062-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configuring Incentive Compensation Plans- Performance measures and plan components
- Creation and management of compensation plans
Topic 2: Administering the Incentive Compensation System- Participant and role management
- Classification and crediting setup
Topic 3: Understanding Oracle Incentive Compensation Cloud- Exam objectives and exam focus areas
- Core implementation tasks and functional setup topics
Topic 4: Transaction Processing and Reporting- Reporting, dashboards, and analytics
- Transaction classification and calculation

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Sample Questions:

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

A) System Administrator Business Analyst, Reporting Specialist, Project Manager
B) Business Analyst, DBA, Reporting Specialist, Data Specialist
C) System Administrator, Business Analyst, DBA, Project Manager
D) Business Analyst, Reporting Specialist, Data Specialist, Project Manager


2. In which section of the Home screen dousers receive notifications generated by the Approvals functionality?

A) Approval Manager
B) BPM Worklist
C) Activity Stream
D) Worklist: Notifications and Approvals


3. The 'Run Crediting and Rollup'process request completes successfully but no credits are created. Which three configurations must be verified?

A) The 'Deploy Credit Rule' process was run after the credit rules were created.
B) Participants assigned to a direct credit rule do not have the Manager role.
C) The transaction event date falls between thecredit rule start and end dates.
D) 'EnableDirect Crediting* is set to 'Yes' on the 'Manage Parameters'page.
E) The same participants are not assigned to multiple credit rules in the hierarchy.
F) The 'Deploy Compensation Plans' process was run after thecredit rules were created.


4. Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions and data a user has access to?

A) Job
B) Role
C) Responsibility
D) Security Profile


5. Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A) CN_TP_BASETRAHS_DFF
B) XC BASE_TRANS_DFF
C) FIC_TRANSACTION_DFF
D) CM_TP_TRANSACTIOM_DFP


Solutions:

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

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