Exam Name: Oracle Incentive Compensation Cloud 2017 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Sales Cloud
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Ease of use is a feature you feel every study session. The 1z1-971 bank at ActualVCE combines a wide variety of practice capabilities with content that stays clear under pressure — 75+ Q&As covering the Oracle Incentive Compensation Cloud 2017 Implementation Essentials objectives, expert-verified throughout.
Oracle 1z1-971 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Adjustments, Disputes, and Payments | - Paysheet Approval and Payment Batches - Handle Disputes - Manage Adjustments and Re-processing |
| Plan and Participant Setup | - Deploy Participants and Assign Roles - Create Performance Measures and Plan Components - Design Rate Tables and Expressions |
| Crediting, Rollup, and Processing | - Execute Collection and Classification Processes - Build Credit and Rollup Hierarchies - Troubleshoot Processing Errors |
| Advanced Plan Structures | - Advanced Expressions and Calculations - Custom Qualifiers and Functions - Use Intervals and Sequences |
| Initial Setup and Configuration | - Generate Users and Roles - Set up Business Units, Calendars, and Parameters - Configure Currency and Columns |
Clear Answers for Oracle Incentive Compensation Cloud 2017 Implementation Essentials Candidates
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The Oracle Incentive Compensation Cloud 2017 Implementation Essentials blueprint covers these principal domains:
- Adjustments, Disputes, and Payments
- Initial Setup and Configuration
- Crediting, Rollup, and Processing
The remaining domains appear in the full official outline, all of which our bank addresses.
As of the latest information, the passing score for the 1z1-971 exam is 60% and the fee is Approx. USD 245 (official Oracle exam cost varies by region). Oracle can revise both, so confirm the current figures on the official site before registering.
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Oracle lists the following prerequisites for the Oracle Incentive Compensation Cloud 2017 Implementation Essentials: Recommended experience with Oracle Incentive Compensation Cloud implementation and configuration; familiarity with related modules..
Confirm the details on the official certification page before you book.
Per current exam information, the 1z1-971 exam includes 75 questions and allows 105 minutes minutes. Timed practice beforehand makes the format feel routine on the day.
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Oracle Incentive Compensation Cloud 2017 Implementation Essentials Sample Questions:
A report with relevance to Contacts has to be built to show the entire business life cycle associated to the Contact. The developer decides to design the report by combining reports using SQL. He has taken care of having multiple logical statements based on common
ID/Keys, yet he finds some issues due to Joins in reports.
Identify the technique that could resolve the Join issue.
- A. This technique allows you to Join multiple logical SQL statements by using Inner Join and Outer Join.
- B. This technique allows you to Join multiple logical SQL statements by using Equi Join and Cross Join.
- C. This technique does not allow you to Join multiple logical SQL statements by using Inner
Join and Outer Join. - D. This technique allows you to Join multiple logical SQL statements by using Inner Join,
Outer Join and Doss Join. - E. This technique allows you to Join multiple logical SQL statements by using Equi Joins.
Correct Answer: E 🗳️
Your client wants to encourage continuous growth from quarter, to quarter to 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. YTD (Year-to date) Target Incentive
- C. Rolling Average Attainment
- D. Date Difference
Correct Answer: D 🗳️
A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.
- A. Assign the participant to the global business unit and global role,
- B. Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.
- C. Create a new HR employee record for this participant as transfer across business unit is not supported by the application.
- D. Assign the participant to a new role and resource group.
Correct Answer: B 🗳️
The Implementation team is trying to determine how many business units (BUs) are needed. Which consideration requires the creation of multiple BUs?
- A. different currencies for payment of participants
- B. Operating currency is different to the currency in which calculations are performed.
- C. The running of processes, the management of participant assignments, and the administrative access to data must be separated by principal lines of business.
- D. different General Ledger account structures
- E. The HCM application has four separate BUs, so we must adopt them fc* Incentive
Compensation.
Correct Answer: E 🗳️
The incentive compensation application set the payment batch status to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?
- A. No adjustment can be done for that period.
- B. Payment batches can be edited and reprocessed.
- C. Pay sheets can be adjusted accordingly.
- D. Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
Correct Answer: C 🗳️
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