Relevance beats volume every time — the TorrentExam team refreshes the Oracle Incentive Compensation Cloud 2019 Implementation Essentials bank with realistic question styles, removes outdated items, and prioritizes coverage and accuracy over sheer numbers.
Oracle 1Z1-1062 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Incentive Compensation Cloud 2019 Implementation Essentials |
| Exam Number: | 1Z0-1062 |
| Related Certifications: | Oracle Incentive Compensation 2019 Certified Implementation Specialist |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 60 |
| Certificate Validity Period: | 18 months |
| Exam Price: | USD 245 |
| Exam Duration: | 105 minutes |
| Available Languages: | English |
| Passing Score: | 64% |
| Sample Questions: |  |
| 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 - Application Parameters and Hybrid Crediting - Enable Descriptive Flex Fields and List of Values |
| Topic 2: Processes and Transactions | - Crediting, Rollup and Calculation Processes - Retro Calculations and Revert Process - Transaction Collection, Import and Classification |
| Topic 3: Reporting and Analysis | - Strategy for Complex Reporting - Create Analyses with BI Composer |
| Topic 4: Oracle Incentive Compensation Cloud Fundamentals | - Cloud Instance Management and Setup - Overview of Oracle Incentive Compensation Cloud |
| Topic 5: Troubleshooting and Advanced Topics | - Troubleshoot Processing Errors - Advanced Plan Structures and Expressions |
| Topic 6: Compensation Plan Design | - Classification Rules and Credit Categories - Rate Tables and Performance Measures - Build Compensation Plans and Components |
1Z1-1062 Exam Facts for Careful Buyers
The official Oracle Incentive Compensation Cloud 2019 Implementation Essentials outline assigns its weights like this:
- Processes and Transactions ()
- Configuration and Administration ()
- Compensation Plan Design ()
Roughly 60 questions in 105 minutes minutes. Rehearsing at that exact pace with 76 practice questions for the 1Z1-1062 exam turns the real session into a familiar routine rather than a surprise.
The passing mark is 64% and the registration fee is USD 245. That is exactly why TorrentExam prices its 1Z1-1062 materials reasonably and protects your purchase with the conditional refund policy — your money deserves the same care as your study hours.
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None (Oracle recommends hands-on experience with Oracle Incentive Compensation Cloud)
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Oracle Incentive Compensation Cloud 2019 Implementation Essentials Sample Questions:
Question #1
The 'Run Crediting and Rollup'process request completes successfully but no credits are created. Which three configurations must be verified?
- A. Participants assigned to a direct credit rule do not have the Manager role.
- B. The transaction event date falls between the credit rule start and end dates.
- C. The 'Deploy Compensation Plans' process was run after the credit rules were created.
- D. The same participants are not assigned to multiple credit rules in the hierarchy.
- E. The 'Deploy Credit Rule' process was run after the credit rules were created.
- F. 'EnableDirect Crediting* is set to 'Yes' on the 'Manage Parameters'page.
Correct Answer: A,C,D 🗳️
Question #2
Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.
- A. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
- B. BI_ADMINISTRATOR
- C. APPLICATION IMPLEMENTATION CONSUI TANT
- D. COMPENSATION PLAN ADMINISTRATOR
- E. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
Correct Answer: E 🗳️
Question #3
Which three participant related data can be used in calculation expressions without usinguserdefined functions?
- A. Participant Details Descriptive Flexfields
- B. Employee Descriptive Flexfields
- C. Participant Header Descriptive Flexfields
- D. Standard Participant Fields such as currency code or cost center
- E. Resource Descriptive Flexfields
Correct Answer: A,B,C 🗳️
Question #4
Which two statements are true about disputes?
- A. Disputes are assigned to the analyst who is associated with the participant creating the dispute.
- B. Participants can view the disputes they have created in their worklist
- C. Compensation Managers can reassign disputes to different analysts.
- D. 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.
Correct Answer: A 🗳️
Question #5
Which two statements are true for individualized compensation plan values?
- A. Individualized compensation plan values summarize transactions during the Calculation phase.
- B. A participant can personalize the compensation plan view if the Individualize option is selected.
- C. Individualized rate values for a participant take precedence over original compensation plan rate values.
- D. A participant's manager can personalize the compensation plan view if the Individualize option is selected.
- E. Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
Correct Answer: A,C 🗳️
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