Pass 1Z0-1062-20 Exam - Real Test Engine PDF with 75 Questions
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NEW QUESTION 26
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 Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
- B. 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.
- C. Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.
- D. Go to the Manage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.
Answer: A
NEW QUESTION 27
Which two statements are true regarding the Complete Calculation process?
- A. meant for minor changes that affect few participants
- B. can be time-consuming on very large volume transactions
- C. limited to only a particular sales hierarchy
- D. recalculates all transactions for a given period
Answer: B,D
NEW QUESTION 28
A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.
- A. Assign the participant to the global business unit and global role,
- B. Create a new HR employee record for this participant as transfer across business unit is not supported by the application.
- C. Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.
- D. Assign the participant to a new role and resource group.
Answer: C
NEW QUESTION 29
When should you set 'Calculate Incentive = Per Event' while building a plan component?
- A. when the incentive is to be calculated based on many transactions grouped over an Interval
- B. when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
- C. when the incentive Is to be calculated on a per transaction basis
- D. 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
Answer: B
NEW QUESTION 30
Which two statements are true when you create an expression?
- A. You can use the metrics of a plan component but not of a performance measure in your expression.
- B. An expression like Credit.Credit Amount * SUM(Credit.Quantity) will be valid because the application allows you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
- C. An expression like Credit.Credit__Amount * SUM(Credit.Quantity) will be invalid because the application does not allow you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
- D. You can use the metrics of both plan components and performance measures in your expression.
- E. You can use the metrics of a performance measure but not of a plan component in your expression.
Answer: A,B
NEW QUESTION 31
Which statement is true regarding role inheritance?
- A. Abstract roles are inherited by Job roles
- B. Duty roles are inherited by job roles.
- C. Job and abstract roles are inherited by duty roles.
- D. Roles are not inherited; they are assigned at their lowest level.
Answer: C
Explanation:
Explanation
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e16689/F323387AN1B348.htm
NEW QUESTION 32
The estimated Compensation module_________
- A. both B and C
- B. works in runtime mode and can be invoked via a web service from third-party applications
- C. uses Opportunities in Sales Cloud to calculate what earnings would be if they became orders
- D. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
- E. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
- F. both B and D
Answer: C
NEW QUESTION 33
The Implementation team is trying to determine how many business units (BUs) are needed. Which consideration requires the creation of multiple BUs?
- A. The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation.
- B. The running of processes, the management of participant assignments, and the administrative access to data must be separated by principal lines of business.
- C. different currencies for payment of participants
- D. different General Ledger account structures
- E. Operating currency is different to the currency in which calculations are performed.
Answer: A
NEW QUESTION 34
In which section of the Home screen do users receive notifications generated by the Approvals functionality?
- A. Worklist: Notifications and Approvals
- B. Approval Manager
- C. Activity Stream
- D. BPM Worklist
Answer: A
NEW QUESTION 35
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. OTBI Reports
- B. BI Answers
- C. BI Analytics
- D. BI Publisher
Answer: D
NEW QUESTION 36
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?
- A. CW_TP_EARNINGS_ALL
- B. CN SRP_PER_FORM_METRICS_ALL
- C. CM SRP PARTICIPANTS ALL
- D. CN TP KEASURE_RESULTS_ALL
Answer: B
Explanation:
Explanation
https://docs.oracle.com/cloud/latest/salescs_gs/FACMI/FACMI1417756.htm#FACMI1419062
NEW QUESTION 37
Your customer needs a few extra fields to be displayed in management reports. These Holds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BI Reporting?
- A. while defining the segments by selecting the Enable for Reporting check box
- B. while executing the program to enable Descriptive Flex-field for BI Reporting
- C. while deploying the flexfield by selecting the Enable for Reporting check box
- D. while creating subject areas for Incentive Compensation Reporting
Answer: A
NEW QUESTION 38
Of what type of role is Incentive Compensation Analyst an example?
- A. Duty
- B. Work Area
- C. Job
- D. Abstract
Answer: C
Explanation:
Explanation
Job roles and abstract roles inherit duty roles. For example, the Incentive Compensation Analyst job role inherits the Incentive Compensation Participant Assignments Duty, Incentive Compensation Credits and Earnings Duty, Incentive Compensation Participant Snapshot Management Duty, and the Incentive Compensation Payments Duty. The Compensation Participant Assignments Duty makes it possible for the analyst to assign plans, roles, pay groups, and payment plans to the participant. The Incentive Compensation Payments Duty enables payment batch assembly and paysheet management.
NEW QUESTION 39
Which statement is true for the participant home currency?
- A. A participant can be compensated for an invoice booked only in the participant's home currency.
- B. A participant's home currency must be the same for all participants in the organization.
- C. A participant's home currency must be the same as the operating currency.
- D. A participant can be compensated for an invoice booked in a currency different from the participant's home currency.
Answer: A
NEW QUESTION 40
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. Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.
- B. No additional configurations are required because the application accommodates cross-region rollups.
- C. Cross-region rollups are not supported. Managers and salespeople must be participants In the same 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 41
A business unit has set up a calendar based on fiscal months, but period data is not displaying on reports Select the configuration you must verify to identify the root cause.
- A. Start and end dates for the fiscal months are valid.
- B. Report to work area mapping is defined for each period.
- C. 'Display period data in participant reports' is selected.
- D. Status is set to 'Active' for all of the required months.
Answer: A
NEW QUESTION 42
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 Operating Currency as USD and select Processing Currency as Participant's Home Currency.
- B. Select Processing Currency as USD only. Operating Currency is not mandatory.
- C. Select Operating Currency as USD and Processing Currency as USD.
- D. Select Operating Currency as USD and select Processing Currency as Operating Currency.
Answer: B
NEW QUESTION 43
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 = 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.
- 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 (Oedit.transactionamount/Measure.Target)' and enter targets directly in the performance measure.
- D. 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.
Answer: B
NEW QUESTION 44
The 'Run Crediting and Rollup' process request completes successfully but no credits are created. Which three configurations must be verified?
- A. 'Enable Direct Crediting* is set to 'Yes' on the 'Manage Parameters' page.
- B. Participants assigned to a direct credit rule do not have the Manager role.
- C. The same participants are not assigned to multiple credit rules in the hierarchy.
- D. The transaction event date falls between the credit rule start and end dates.
- E. The 'Deploy Compensation Plans' process was run after the credit rules were created.
- F. The 'Deploy Credit Rule' process was run after the credit rules were created.
Answer: B,C,E
NEW QUESTION 45
Which three participant related data can be used in calculation expressions without using user defined functions?
- A. Standard Participant Fields such as currency code or cost center
- B. Employee Descriptive Flexfields
- C. Resource Descriptive Flexfields
- D. Participant Details Descriptive Flexfields
- E. Participant Header Descriptive Flexfields
Answer: B,D,E
NEW QUESTION 46
Which format must the date column value have In File Based Data Import?
- A. MM/DD/YYYY
- B. DD/MM/YYYY
- C. YYYY/MM/DD
- D. Date format is configurable
Answer: D
Explanation:
Explanation
https://docs.oracle.com/cloud/farel11/salescs_gs/OAFDI/OAFDI1504155.htm#OAFDI309164
NEW QUESTION 47
You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earned amount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?
- A. SUM ( Credit.Credit Amount )
- B. Credit.Credit Amount
- C. Measure result.PM1.Output
- D. Measure result.PM1.PTD Output Achieved
Answer: B
NEW QUESTION 48
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