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Oracle 1z1-971 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Incentive Compensation Cloud 2017 Implementation Essentials
Exam Number:1Z0-971
Real Exam Qty:70-75
Exam Duration:105 minutes
Certificate Validity Period:18 months
Exam Format:Multiple Choice
Exam Price:$245 USD
Available Languages:English
Related Certifications:Oracle Sales Cloud
Oracle Incentive Compensation Cloud Implementation Specialist
Passing Score:66%
Recommended Training:Oracle Incentive Compensation Implementation Guide
Oracle University Training
Exam Registration:Oracle Education Exam Page
Pearson VUE Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended experience with Oracle Incentive Compensation Cloud or similar incentive solutions
Official Syllabus URL:https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-971

Oracle 1z1-971 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Business Unit Setup15%- Define business units
- Configure calendars and parameters
Topic 2: Calculation and Reporting10%- Generate reports and analytics
- Run compensation calculations
Topic 3: Plan Acceptance Workflow15%- Manage approval cycles
- Configure acceptance processes
Topic 4: Crediting and Rollup20%- Set up credit rules
- Process transaction crediting
- Define rollup hierarchies
Topic 5: Security and Access15%- Create and manage roles
- Assign user access and permissions
Topic 6: Compensation Plans25%- Assign participants to plans
- Design and configure plan components
- Define rules, rates and formulas

Preparing for 1z1-971 with PrepAwayETE: The Essentials

Registration goes through the official channel: Oracle Education Exam Page Pearson VUE Registration Create an account, choose a test center or online proctoring, pick your date, and pay the exam fee to confirm the appointment.
Three things set it apart. The bank is researched, not assembled — a specialized team studies question patterns for different kinds of learners, so 75 practice questions for the 1z1-971 exam actually match how people study. The formats are flexible — PDF, PC engine, and an online engine that works offline once downloaded. And the service is integrated — verified answers, daily updates for 365 days, and support by email or online chat at any hour.
Oracle University Training Oracle Incentive Compensation Implementation Guide An official course builds structured theory, while the verified PrepAwayETE 1z1-971 bank supplies realistic rehearsal — together they cover the full preparation cycle.
The official Oracle Incentive Compensation Cloud 2017 Implementation Essentials outline splits its weight like this:
  • Security and Access (15%)
  • Business Unit Setup (15%)
  • Plan Acceptance Workflow (15%)
Work the heaviest domains first, then let PrepAwayETE practice sessions confirm each one.
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Around 70-75 questions in 105 minutes minutes. The PC engine recreates that exact environment, so practicing in it doubles as dress rehearsal for exam day — and 75 practice questions for the 1z1-971 exam give you plenty of runs to feel ready.
No mandatory prerequisites; recommended experience with Oracle Incentive Compensation Cloud or similar incentive solutions
A professional team of specialized experts, organized specifically to research question patterns and study how different learners approach the 1z1-971 material. Content is refined against the live Oracle Incentive Compensation Cloud 2017 Implementation Essentials blueprint, every answer is verified before publication, and the bank keeps pace with contemporary talent development — so it serves the way people actually prepare today, not the way they did years ago.
A pass requires 66%, and sitting the exam costs $245 USD. Since every retake repeats that fee, thorough preparation with verified PrepAwayETE material is the investment that protects it.

Oracle Incentive Compensation Cloud 2017 Implementation Essentials Sample Questions:

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 PrepAwayETE members. You can sign-up / login (it's free).

The estimated Compensation module_________

  • A. works in runtime mode and can be invoked via a web service from third-party applications
  • B. both B and D
  • 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. both B and C
  • F. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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 'transaction amount', and enter targets directly in the performance measure.
  • B. 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.
  • 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.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

A classification rules hierarchy is set up as:

The performance measure 'Storage attainment' is associated with category STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE.
If the transaction is:

What will the application do when the Classification and Calculation processes are run?

  • A. associate both credit categories (STORAGE and HARD DRIVE) with Km- transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
  • B. associate the credit category HARD DRIVE with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment')
  • C. associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment*
  • D. associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure 'Storage attainment'
  • E. associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment'
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

When should you set 'Calculate Incentive = Per Event' while building a plan component?

  • A. when the incentive Is to be calculated on a per transaction basis
  • B. when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations
  • C. when the incentive is to be calculated based on many transactions grouped over an
    Interval
  • D. when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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