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
You have to write a custom function that accesses the performance measure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?
Correct Answer: C Vote an answer
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The 'Run Crediting and Rollup' process request completes successfully but no credits are created.
Which three configurations must be verified?
Correct Answer: A,B,D Vote an answer
The Implementation team is trying to determine how many business units (BUs) are needed. Which consideration requires the creation of multiple BUs?
Correct Answer: E Vote an answer
A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ' and margin is between 0 and 10 percent, the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

Correct Answer: C,D Vote an answer
Which descriptive flexfield should you use to update Incentive Compensation Transaction details?
Correct Answer: D Vote an answer
An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date for two periods with a different end date.
Which Statement represents the error for this scenario?
Correct Answer: A Vote an answer
An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string 'MORE'; if the transaction amount is less than 1000, it should return the string 'LESS'; and if the transaction amount is equal to 1000, It should return the string 'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?
Correct Answer: A,B Vote an answer
Your customer is eager to see quick benefits with the new cloud software they bought.
Which approach can you recommend?
Correct Answer: D Vote an answer
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