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Last Updated: Sep 15, 2026
No. of Questions: 75 Questions & Answers with Testing Engine
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Oracle 1Z0-1062-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Incentive Compensation Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1062-20 |
| Passing Score: | 66% |
| Available Languages: | English |
| Exam Duration: | 85 minutes |
| Real Exam Qty: | 55 |
| Exam Price: | 245 USD |
| Related Certifications: | Oracle CX Sales 2020 Implementation Specialist |
| Certificate Validity Period: | Retired, no longer active |
| Exam Format: | Multiple Choice |
| Recommended Training: | Oracle CX Sales and B2B Service Learning Subscription Oracle Incentive Compensation Cloud 2020 Implementation Training |
| Exam Registration: | Oracle Certification Portal Pearson VUE Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended implementation experience |
| Official Syllabus URL: | https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-1062-20 |
Oracle 1Z0-1062-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Planning and Initial Setup | 15% | - Set up business units, calendars, and system parameters - Configure security, roles, and participant assignments - Plan Incentive Compensation Cloud implementation projects |
| Compensation Plans and Components | 25% | - Define formulas, rate tables, and earning rules - Configure estimated compensation and goal management - Create incentive plans, plan elements, and performance measures |
| Data Management and Integration | 15% | - Run imports for rules, participants, and transactions - Design bulk file imports and exports - Execute adjustments, reprocessing, and error handling |
| Processing, Payments, and Troubleshooting | 15% | - Use Research Assistant and diagnose process issues - Process payment batches and approvals - Manage transaction collection, classification, and calculation |
| Extensibility, Reporting and Analytics | 10% | - Individualize compensation documents and statements - Personalize pages and extend application functionality - Create analyses using BI Composer and subject areas |
| Crediting and Classification | 20% | - Set up crediting rules and indirect credit allocation - Configure rollup hierarchies, teams, and processing - Define classification rule hierarchies and credit categories |
Oracle 1Z0-1062-20 Exam: Standout Answers
The Oracle Incentive Compensation Cloud 2020 Implementation Essentials blueprint spans 6 domains — including Extensibility, Reporting and Analytics (10%), Data Management and Integration (15%), Crediting and Classification (20%). The complete outline above lists every subtopic; work them from heaviest to lightest.
245 USD per attempt, 66% to pass. Retakes cost the full fee — act now and prepare properly with the 75 practice questions for the 1Z0-1062-20 exam at SureTorrent.
Yes — download the free Oracle Incentive Compensation Cloud 2020 Implementation Essentials demo and preview the quality before paying. Purchases include 365 days of free updates by email; renew afterward at 50% off.
No mandatory prerequisites; recommended implementation experience Eligibility rules change over time, so verify the current requirements on the official page (official 1Z0-1062-20 exam page) before registering.
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The Oracle Incentive Compensation Cloud 2020 Implementation Essentials is Oracle's certification exam for Oracle Incentive Compensation Cloud 2020 Certified Implementation Specialist, at the Specialist level. A compelling certification highlights you — from common to standout. Related credentials include Oracle CX Sales 2020 Implementation Specialist.
Yes:
- Oracle Incentive Compensation Cloud 2020 Implementation Training
- Oracle CX Sales and B2B Service Learning Subscription
After any course, sharpen up with the 75 practice questions for the Oracle Incentive Compensation Cloud 2020 Implementation Essentials — every answer expert-verified.
Oracle Incentive Compensation Cloud 2020 Implementation Essentials Sample Questions:
Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?
- A. System Administrator Business Analyst, Reporting Specialist, Project Manager
- B. System Administrator, Business Analyst, DBA, Project Manager
- C. Business Analyst, DBA, Reporting Specialist, Data Specialist
- D. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
Correct Answer: D 🗳️
You want to create compensation plans for a new business unit and found that the plans are similar to the existing compensation plans. How can you achieve this?
- A. You can only manually create them in the new business unit, as you cannot Import plans exported from another business unit.
- B. You can export the compensation plans from current business unit. Log in to the new business unit and import them into the new business unit, but you must create plan components and performance measures manually.
- C. You can use db tools to copy the compensation plans from one business unit to another.
- D. You can export the compensation plans from current business unit. Log In to the new business unit and import them into the new business unit, which imports the complete compensation plans with the associated plan components.
Correct Answer: B 🗳️
Which three statements are true regarding Classification?
- A. Classification splits the credits among the participant credit receivers.
- B. Rule criteria involve one or more transaction attributes.
- C. Qualifiers are ANDed and qualifier attribute values are ORed.
- D. Classification process must be run before the Crediting process.
- E. Classification rules are used to classify transactions into meaningful credit categories.
Correct Answer: B,C,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.
Correct Answer: A 🗳️
Which three participant related data can be used in calculation expressions without using user defined functions?
- A. Resource Descriptive Flexfields
- B. Employee Descriptive Flexfields
- C. Standard Participant Fields such as currency code or cost center
- D. Participant Header Descriptive Flexfields
- E. Participant Details Descriptive Flexfields
Correct Answer: B,D,E 🗳️
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