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  • Total Questions: 75
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Oracle 1Z1-1015 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Incentive Compensation Cloud 2018 Implementation Essentials
Exam Number:1Z0-1015
Exam Price:USD 245
Passing Score:65%
Exam Format:Multiple Response, Multiple Choice
Available Languages:English
Related Certifications:Oracle Incentive Compensation Cloud 2018 Certified Implementation Specialist
Exam Duration:120 minutes
Certificate Validity Period:Oracle Cloud Certification policy applicable
Real Exam Qty:60
Sample Questions: DOWNLOAD DEMO
Exam Way:Pearson VUE testing center or Oracle online proctored exam.
Pre Condition:Oracle recommends implementation experience and training on Oracle Incentive Compensation Cloud; no mandatory prerequisite exam.
Official Syllabus URL:https://education.oracle.com/oracle-incentive-compensation-cloud-2018-implementation-essentials/pexam_1Z0-1015

Oracle 1Z1-1015 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Maintenance and Administration10%- Application Administration
  • 1. Security and roles
  • 2. Implementation best practices
  • 3. Data maintenance
Topic 2: Credits and Earnings Processing20%- Transaction Processing
  • 1. Credit allocation
  • 2. Earnings calculation
  • 3. Transaction import
  • 4. Calculation troubleshooting
Topic 3: Compensation Plans and Components25%- Plan Configuration
  • 1. Compensation plans
  • 2. Performance measures
  • 3. Rate tables and formulas
  • 4. Plan components
Topic 4: Participant and Resource Management15%- Participant Setup
  • 1. Resource hierarchy management
  • 2. Participants and participant assignments
  • 3. Eligibility and participant attributes
Topic 5: Incentive Compensation Fundamentals15%- Overview of Incentive Compensation
  • 1. Business use cases and concepts
  • 2. Application architecture and navigation
Topic 6: Payments and Reporting15%- Compensation Administration
  • 1. Payment processing
  • 2. Statements and dashboards
  • 3. Reporting and analytics

1Z1-1015 Exam Questions and Answers

Oracle recommends implementation experience and training on Oracle Incentive Compensation Cloud; no mandatory prerequisite exam.

  • Compensation Plans and Components (25%)
  • Participant and Resource Management (15%)
  • Incentive Compensation Fundamentals (15%)

Allocate study time in proportion to each topic's weight.

The 1Z1-1015 exam has 60 questions with a 120 minutes-minute time limit. Practicing under the same constraints on Prep4away builds the pacing habits you will need on test day.

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A passing result on 1Z1-1015 requires 65%, and the official exam fee is USD 245. Knowing both numbers upfront helps you budget your study time and money realistically.

The package includes 75 practice questions for the 1Z1-1015 exam, covering the current Oracle Incentive Compensation Cloud 2018 Implementation Essentials objectives with verified answers.

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Oracle Incentive Compensation Cloud 2018 Implementation Essentials Sample Questions:

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

  • A. FIC_TRANSACTION_DFF
  • B. CN_TP_BASETRAHS_DFF
  • C. XC BASE_TRANS_DFF
  • D. CM_TP_TRANSACTIOM_DFP
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this be accomplished?

  • A. Create a new role and add read privileges.
  • B. Copy the Analyst Role and delete all privileges in the provisioning template other than Read.
  • C. Create a new role template.
  • D. Copy the Participant role and add Analyst Duty Roles.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Your customer is eager to see quick benefits with the new cloud software they bought. Which approach can you recommend?

  • A. Import data that fits out of the box and enable reporting.
  • B. Conduct thorough requirement sessions to determine priorities.
  • C. Configure in Production instance from the start of the project.
  • D. Start small and add functionality incrementally.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Which format must the date column value have In File Based Data Import?

  • A. YYYY/MM/DD
  • B. Date format is configurable
  • C. MM/DD/YYYY
  • D. DD/MM/YYYY
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).

In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

  • A. The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
  • B. The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
  • C. There will be no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
  • D. The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
  • E. The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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