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Oracle 1Z1-1062 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Incentive Compensation Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1062 |
| Exam Duration: | 105 minutes |
| Related Certifications: | Oracle Incentive Compensation 2019 Certified Implementation Specialist |
| Exam Price: | USD 245 |
| Available Languages: | English |
| Passing Score: | 64% |
| Certificate Validity Period: | 18 months |
| Real Exam Qty: | 60 |
| Exam Format: | Multiple Choice |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online or onsite proctored delivery |
| Pre Condition: | None (Oracle recommends hands-on experience with Oracle Incentive Compensation Cloud) |
| Official Syllabus URL: | https://education.oracle.com/oracle-incentive-compensation-cloud-2019-implementation-essentials/pexam_1Z0-1062 |
Oracle 1Z1-1062 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Configuration and Administration | - Configure Roles, Security, and Duty Roles - Enable Descriptive Flex Fields and List of Values - Application Parameters and Hybrid Crediting |
| Topic 2: Troubleshooting and Advanced Topics | - Advanced Plan Structures and Expressions - Troubleshoot Processing Errors |
| Topic 3: Reporting and Analysis | - Create Analyses with BI Composer - Strategy for Complex Reporting |
| Topic 4: Oracle Incentive Compensation Cloud Fundamentals | - Overview of Oracle Incentive Compensation Cloud - Cloud Instance Management and Setup |
| Topic 5: Processes and Transactions | - Crediting, Rollup and Calculation Processes - Retro Calculations and Revert Process - Transaction Collection, Import and Classification |
| Topic 6: Compensation Plan Design | - Classification Rules and Credit Categories - Build Compensation Plans and Components - Rate Tables and Performance Measures |
Frequently Asked Questions: Oracle Incentive Compensation Cloud 2019 Implementation Essentials
Oracle Incentive Compensation Cloud 2019 Implementation Essentials is an official Oracle certification exam, registered under the code 1Z1-1062. Passing it awards the Oracle Sales Cloudv2 certification, a credential at the Implementation Specialist level. It also connects to Oracle Incentive Compensation 2019 Certified Implementation Specialist. The exam is demanding by design, and that difficulty is precisely what makes the credential meaningful for career development.
The Oracle Incentive Compensation Cloud 2019 Implementation Essentials exam presents 60 questions within 105 minutes. That is a brisk pace, and the candidates who handle it best are the ones who rehearsed it. Use the ActualPDF engine for full timed simulations, practice flagging and returning, and arrive on exam day with a pacing strategy already proven.
Passing Oracle Incentive Compensation Cloud 2019 Implementation Essentials takes 64%, and official registration costs USD 245. Retakes bill the full USD 245 again, so preparation is the least expensive insurance available. Let your ActualPDF practice scores guide the timing: book when you clear the requirement consistently, not occasionally.
None (Oracle recommends hands-on experience with Oracle Incentive Compensation Cloud)
Policies get revised, so confirm the current requirements before you register on the official exam page.
Yes. ActualPDF offers a free demo of the Oracle Incentive Compensation Cloud 2019 Implementation Essentials questions, so you can verify the quality personally before purchasing. Your purchase then includes a one-year service warranty: updates are free for 365 days, and after expiry you can extend the update service at a 50% discount.
Your money is protected by a 100% money-back guarantee with defined conditions. Take the Oracle Incentive Compensation Cloud 2019 Implementation Essentials exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may instead wait for the update version or change to other exam material: exchange for two other exam products of equal value, free, with your original purchase keeping its update service.
Delivery is instant: files unlock for download at payment and are emailed within one minute. If nothing arrives within 2 hours, check spam and contact customer service, online 7/24 even on official holidays. Installation is unlimited across your computers.
Oracle Incentive Compensation Cloud 2019 Implementation Essentials is organized into 6 official domains. The most heavily weighted are Compensation Plan Design, Oracle Incentive Compensation Cloud Fundamentals, and Reporting and Analysis. The full breakdown appears above on this page; study the weightings and your preparation priorities set themselves.
Oracle Incentive Compensation Cloud 2019 Implementation Essentials Sample Questions:
The estimated Compensation module_________
- A. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
- B. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
- C. works in runtime mode and can be invoked via a web service from third-party applications
- D. both B and C
- E. both B and D
- F. uses Opportunities in Sales Cloud to calculate what earnings would be if they became orders
Correct Answer: F 🗳️
Of what type of role is Incentive Compensation Analyst an example?
- A. Duty
- B. Job
- C. Work Area
- D. Abstract
Correct Answer: B 🗳️
Explanation: Only visible for ActualPDF members. You can sign-up / login (it's free).
Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?
- A. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
- B. Business Analyst, DBA, Reporting Specialist, Data Specialist
- C. System Administrator Business Analyst, Reporting Specialist, Project Manager
- D. System Administrator, Business Analyst, DBA, Project Manager
Correct Answer: A 🗳️
You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Although some of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?
- A. Select Operating Currency as USD and Processing Currency as USD.
- B. Select Operating Currency as USD and select Processing Currency as Operating Currency.
- C. Select Operating Currency as USD and select Processing Currency as Participant's Home Currency.
- D. Select Processing Currency as USD only. Operating Currency is not mandatory.
Correct Answer: D 🗳️
Which two statements are true about disputes?
- A. Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.
- B. Compensation Managers can reassign disputes to different analysts.
- C. Participants can view the disputes they have created in their worklist
- D. Disputes are assigned to the analyst who is associated with the participant creating the dispute.
Correct Answer: D 🗳️
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