Oracle 1z0-971 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1z0-971
Exam Name/Title: Oracle Incentive Compensation Cloud 2017 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Sales Cloud

Exam Questions: 75
Updated On: Jul 11, 2026

Question #9

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, DBA, Project Manager

B. Business Analyst, DBA, Reporting Specialist, Data Specialist

C. Business Analyst, Reporting Specialist, Data Specialist, Project Manager

D. System Administrator Business Analyst, Reporting Specialist, Project Manager

Discussion 0

Correct Answer: C Vote an answer

Question #10

Your configurations and reports are moved to the Production environment. You want to copy thorn to your Test environment. When should you schedule P2T?

A. once Production and Test are aligned on the same patch

B. after the next patch is applied to Production

C. after the next patch is applied to Test

D. when P2T tasks are set up In FSM

Discussion 0

Correct Answer: D Vote an answer

Question #11

Which statement is true for the participant home currency?

A. A participant's home currency must be the same as the operating currency.

B. A participant can be compensated for an invoice booked in a currency different from the participant's home currency.

C. A participant can be compensated for an invoice booked only in the participant's home currency.

D. A participant's home currency must be the same for all participants in the organization.

Discussion 0

Correct Answer: C Vote an answer

Question #12

A customer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A. Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a
Qualifier.

B. Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set 'State' as qualifier

C. Create a rollup hierarchy rule and assign the participant as a credit receiver.

D. Create a team credit rule for this state and assign the participant as a credit receive

Discussion 0

Correct Answer: B Vote an answer

Question #13

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
(Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.

D. 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.

Discussion 0

Correct Answer: A Vote an answer

Question #14

You want to enable Plan Component ID, Period ID, and Participant ID for use as parameters in a User-Defined Function. Which table should these be drawn from?

A. CN_TP_TRANSACTIONS_ALL

B. CN_SRP_PIAN_C0HPONENTS_ALL

C. CN_SRP_PARTICIPANTS_ALL

D. CN_SRP_SUBLEDGER_ALL

E. CN_SRP_PER_FORM_METRICS_ALL

Discussion 0

Correct Answer: A Vote an answer

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Question #15

Performance Measures can be added to expressions in the expression builder. Which structures are supported?

A. A and D

B. Output of performance measure on one plan component can be used as Input to rate table on another performance measure on a different plan component.

C. A, B, and C

D. Input of performance measure Interval-to-date can be used in the formula expression of a plan component.

E. The output of five performance measures can be combined in the formula expression of a plan component.

F. The goal of one performance measure can be used in the formula expression of a different performance measure.

Discussion 0

Correct Answer: C Vote an answer

Question #16

A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit.
Which method do you use to set up multiple calendars for incentive compensation business units?

A. Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.

B. Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.

C. Go to the Manage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.

D. Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.

Discussion 0

Correct Answer: B Vote an answer

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