1Z0-1062-20 Exam Dumps, 1Z0-1062-20 Practice Test Questions [Q23-Q38]

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1Z0-1062-20 Exam Dumps, 1Z0-1062-20 Practice Test Questions

PDF (New 2022) Actual Oracle 1Z0-1062-20 Exam Questions


Oracle 1Z0-1062-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Creating and Modifying Roles, Functional and Data Security
  • Explain incremental and full calculation modes
Topic 2
  • Describe the tools used to extend and modify the application
  • Use Research Assistant to troubleshoot crediting
Topic 3
  • Describe the Enterprise Service Scheduler and process automation
  • Create Performance Measures
Topic 4
  • Configure Analyst Groups and Compensation Management Hierarchy
  • Design Rate Tables and Rate Table Dimensions
Topic 5
  • Plan cloud incentive compensation projects
  • Implement Roles and Participant Assignments
Topic 6
  • Explain the drivers of a BU structure design
  • Describe a BI strategy for complex reporting
Topic 7
  • Create analyses with BI Composer and seeded Subject Areas
  • Describe how to skip Crediting and Rollup
Topic 8
  • Describe Cloud instance management, including Patching, Upgrades, and Clones
  • Set up Estimated Compensation
Topic 9
  • Use Performance Measure outputs and interdependent Plan Components
  • Create a Rollup Hierarchy and Teams, and diagnose a rollup process
Topic 10
  • Design integration with web services and explain web service invocation
  • Build a Credit Hierarchy and design a crediting process
Topic 11
  • Describe modifying pages and Personalization (NO ITEMS)
  • Configure Classification Rule Hierarchies and Credit Categories|
Topic 12
  • Execute Collection, Import, and Classification processes
  • Describe the payment batch and approval process
Topic 13
  • Run Rule Imports, Goal Imports, and Participant Detail Imports
  • Execute adjustments and re-processing
Topic 14
  • Use Objective Base Performance Incentives
  • Describe the Dispute process
  • Build complex reports with BI Analytics
Topic 15
  • Create new Roles with modified data security
  • Manage Paysheets and Paysheet submission
Topic 16
  • Design integration with Bulk File Imports and Exports
  • Individualize compensation documents

 

NEW QUESTION 23
You have been asked to create a report by using internal and external data sources. Identify Oracle's recommended approach for building a custom report.

  • A. BI Analytics
  • B. BI Answers
  • C. OTBI Reports
  • D. BI Publisher

Answer: D

 

NEW QUESTION 24
Performance Measures can be added to expressions in the expression builder. Which structures are supported?

  • A. A and D
  • B. Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
  • C. A, B, and C
  • D. The goal of one performance measure can be used in the formula expression of a different performance measure.
  • E. 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.
  • F. The output of five performance measures can be combined in the formula expression of a plan component.

Answer: C

 

NEW QUESTION 25
Which two statements are true for individualized compensation plan values?

  • A. Individualized rate values for a participant take precedence over original compensation plan rate values.
  • B. Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
  • C. A participant's manager can personalize the compensation plan view if the Individualize option is selected.
  • D. A participant can personalize the compensation plan view if the Individualize option is selected.
  • E. Individualized compensation plan values summarize transactions during the Calculation phase.

Answer: A,E

 

NEW QUESTION 26
Which format must the date column value have In File Based Data Import?

  • A. Date format is configurable
  • B. DD/MM/YYYY
  • C. MM/DD/YYYY
  • D. YYYY/MM/DD

Answer: A

Explanation:
Explanation
https://docs.oracle.com/cloud/farel11/salescs_gs/OAFDI/OAFDI1504155.htm#OAFDI309164

 

NEW QUESTION 27
Which asset typo must you select for searching web service in Oracle Enterprise Repository?

  • A. ADF Service
  • B. Composite
  • C. Composite Service
  • D. ADF service Data Object

Answer: B

 

NEW QUESTION 28
Which are the three broad categories, based on which cross subject area reporting can be built?

  • A. combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference
  • B. using common dimensions
  • C. combining logical SQL using the Advanced tab
  • D. using common and local dimensions

Answer: A,B,D

Explanation:
Explanation
Cross-Subject Area Analyses: Explained
You can create analyses that combine data from more than one subject area. This type of query is referred to as a cross-subject area analysis. Cross-subject area analyses can be classified into three broad categories:
* Using common dimensions
* Using common and local dimensions
* Combining more than one result set from different subject areas using set operators such as union, union all, intersection and difference

 

NEW QUESTION 29
A regional sales manager is promoted to a higher position and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?

  • A. Cross-region rollups are not supported. Managers and salespeople must be participants In the same business unit
  • B. No additional configurations are required because the application accommodates cross-region rollups.
  • C. Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
  • D. Import all participants under the manager in all business units and copy the rollup hierarchy rules to each business unit.

Answer: D

 

NEW QUESTION 30
Which statement is true regarding role inheritance?

  • A. Duty roles are inherited by job roles.
  • B. Job and abstract roles are inherited by duty roles.
  • C. Roles are not inherited; they are assigned at their lowest level.
  • D. Abstract roles are inherited by Job roles

Answer: B

Explanation:
Explanation
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e16689/F323387AN1B348.htm

 

NEW QUESTION 31
An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement is true to identify the root cause of the error?

  • A. The administrator must have defined 'Point Rewards' as a monetary earning type.
  • B. The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
  • C. The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
  • D. The administrator has not associated the participants with the plan components where earning type is
    'Point Rewards'.
  • E. The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.

Answer: E

 

NEW QUESTION 32
You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Although some of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?

  • A. Select Processing Currency as USD only. Operating Currency is not mandatory.
  • B. Select Operating Currency as USD and select Processing Currency as Operating Currency.
  • C. Select Operating Currency as USD and select Processing Currency as Participant's Home Currency.
  • D. Select Operating Currency as USD and Processing Currency as USD.

Answer: A

 

NEW QUESTION 33
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?

  • A. Please select the period type for each newly-added period row.
  • B. The period is overlapping with system defined quarterly period.
  • C. The date range should not overlap with any other period.
  • D. The start date cannot be later than the end date for a period.

Answer: D

 

NEW QUESTION 34
Your customer is eager to see quick benefits with the new cloud software they bought. Which approach can you recommend?

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

Answer: C

 

NEW QUESTION 35
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?

  • A. Option A
  • B. Option E
  • C. Option B
  • D. Option C
  • E. Option D

Answer: B,D

 

NEW QUESTION 36
The status of the ESS (Enterprise Scheduler Service) request is 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

  • A. Answer B plus-You must set 'Enable Rollup' to 'Yes1 and select 'Rollup in Credit Hierarchy.
  • B. Answer B plus-You must assign the correct credit category to the performance measure.
  • C. The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.
    Attribute values and a credit receiver are assigned.
  • D. Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.
  • E. Answer B plus-You must run Deploy Credit Rules for the correct date range.

Answer: C

 

NEW QUESTION 37
You want to move configuration from Development Instance to Production Instance. Which three entities can be moved by using out of the box XML download and upload functionality?

  • A. Classification Rules
  • B. Pay Groups
  • C. Participant
  • D. Analyst
  • E. Payment Plans
  • F. Credit Categories
  • G. Credit Rules
  • H. Compensation Plan
  • I. BU Parameter

Answer: C,G,H

 

NEW QUESTION 38
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Updated Jan-2022 Pass 1Z0-1062-20 Exam - Real Practice Test Questions: https://www.free4torrent.com/1Z0-1062-20-braindumps-torrent.html