Free Oracle 1Z1-1015 Practice Test & Real Exam Questions

Exam Code/Number: 1Z1-1015
Exam Name/Title: Oracle Incentive Compensation Cloud 2018 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Sales Cloudv2

Exam Questions: 75
Updated On: May 31, 2026

Question #1

The status of the ESS (Enterprise Scheduler Service) request is 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A. Answer B plus-You must run Deploy Credit Rules for the correct date range.

B. Answer B plus-You must assign the correct credit category to the performance measure.

C. The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.
Attribute values and a credit receiver are assigned.

D. Answer B plus-You must set 'Enable Rollup' to 'Yes1 and select 'Rollup in Credit Hierarchy.

E. Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.

Discussion 0

Correct Answer: C Vote an answer

Question #2

Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.
Identify the two options this is based on.

A. all the participants in the compensation group

B. Rollup date

C. Rollup hierarchy effective for that date

D. all the participants in the organization

E. all the participants associated with that customer

Discussion 0

Correct Answer: B,C Vote an answer

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Question #3

The estimated Compensation module_________

A. both B and C

B. works in runtime mode and can be invoked via a web service from third-party applications

C. uses Opportunities in Sales Cloud to calculate what earnings would be if they became orders

D. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels

E. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation

F. both B and D

Discussion 0

Correct Answer: C Vote an answer

Question #4

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 administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.

B. The administrator must have defined 'Point Rewards' as a monetary earning type.

C. 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.

D. The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'.

E. 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.

Discussion 0

Correct Answer: C Vote an answer

Question #5

You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

A. Export and Import reports by using the archive/unarchive function.

B. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.

C. Clone custom objects in Application Composer

D. Export Compensation Plans to XML

Discussion 0

Correct Answer: C Vote an answer

Question #6

A payment plan is to be configured to pay a minimum (draw) flat amount of 8,000 per period, which is nonrecoverable. Payment adjustments must be applied only to commission type earnings, and bonus earnings should not be adjusted by the payment plan.
How should you configure the payment plan?

A. Associate the 'Commission' payment group category to "Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 In the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select 'Yes' for the Carry forward Maximum drop down, select 'Yes' for the Minimum Recovery option, and
'Immediate' for the Recovery Start option.

B. Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select 'No' for the Minimum Recovery option.

C. Associate the "Commission" payment group category to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select "Yes" for the Carry Forward Maximum drop down, and select 'No' for the Minimum Recovery option.

D. Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select the 'Yes' for the Minimum Recovery option and 'Immediate' for the Recovery Start option.

Discussion 0

Correct Answer: B Vote an answer

Question #7

Which two currencies must you define when creating compensation business units?

A. Functional

B. Participant Home

C. Operating

D. Processing

Discussion 0

Correct Answer: C,D Vote an answer

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Question #8

A performance measure is set up to determine the commission rate by using total sales attainment percentage tot a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should you set up this performance measure?

A. Set Process Transaction = Individually and Interval - Quarter, select Running Total, select Accumulate for input expression 'credit transaction amount', and enter targets in the plan component associated with the performance measure.

B. Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression 'transaction amount', and enter targets directly in the performance measure.

C. Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.

D. Set Process Transaction = Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.

Discussion 0

Correct Answer: A Vote an answer

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