[Jan-2022 Newly Released] 1Z0-1062-20 Exam Questions For You To Pass [Q41-Q59]

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[Jan-2022 Newly Released] 1Z0-1062-20 Exam Questions For You To Pass

Oracle 1Z0-1062-20 Exam: Basic Questions With Answers 


Oracle 1Z0-1062-20 Exam Syllabus Topics:

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

 

NEW QUESTION 41
In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

  • A. The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
  • B. There will be no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
  • C. The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
  • D. The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as well as for the manager's direct credits.
  • E. The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.

Answer: A

 

NEW QUESTION 42
You have a plan component, PCI, whoso output is dependent on plan component, PC2. Which two statements are true about achieving the stated objective?

  • A. PCI must have Calculation sequence greater than that of PC2.
  • B. PCI must have Calculation Phase as ,Phase2' and PC2 must have calculation phase as 'Phase 1'.
  • C. PCI must have Calculation Phase as 'Phase 1' and PC2 must have calculation phase as 'Phase2'.
  • D. PCI must have Calculation sequence less than that of PC2.

Answer: B

 

NEW QUESTION 43
A company has its classification rules, which are at the same level in the hierarchy, set up as:

Which option shows the credit category or categories that will be assigned to this transaction during the Classification process?

  • A. LAPTOP
  • B. INTEL
  • C. TOSHIBA
  • D. COMPUTERS

Answer: C

 

NEW QUESTION 44
Which statement is true about classification rules and credit categories?

  • A. You can associate multiple credit categories to a classification rule.
  • B. You can define the split credit percentage at classification rule UI.
  • C. You can associate only one credit category to a classification rule.
  • D. You can associate classification rule to credit category via performance measure.

Answer: A

 

NEW QUESTION 45
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 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'
  • C. 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'
  • D. 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')
  • E. 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*

Answer: E

 

NEW QUESTION 46
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 a calendar; only one calendar can be selected.
  • B. Go to the Manage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.
  • C. Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
  • D. Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.

Answer: C

 

NEW QUESTION 47
You must migrate data for around 500 participants along with attributes, historical Participant Goals, historical transactions. Compensation Plans, classification rules, and credit categories in a new Incentive Compensation implementation. The client is ready to provide data in a file format that is provided by you.
Which three templates can you use out of box for data migration?

  • A. Incentive Compensation Classification Rule Import
  • B. Incentive Compensation Credit Category Import
  • C. Incentive Compensation Participant Detail Import
  • D. Incentive Compensation Transaction Import
  • E. Incentive Compensation Participant Goal Import
  • F. Incentive Compensation Compensation Plan Import
  • G. Incentive Compensation Participant Import

Answer: B,D,G

 

NEW QUESTION 48
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 49
Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?

  • A. Enter a Service Request with My Oracle Support.
  • B. Set up the P2T tasks in Functional Setup Manager.
  • C. Align your patch level between Production and Test environments.
  • D. Import the Compensation Plans.
  • E. Upgrade Production to the next release.

Answer: B,C

 

NEW QUESTION 50
Which three participant related data can be used in calculation expressions without using user defined functions?

  • A. Employee Descriptive Flexfields
  • B. Standard Participant Fields such as currency code or cost center
  • C. Participant Details Descriptive Flexfields
  • D. Resource Descriptive Flexfields
  • E. Participant Header Descriptive Flexfields

Answer: A,C,E

 

NEW QUESTION 51
By using which method can a new participant be created In the Incentive Compensation application?

  • A. using the Create Participant Web Service
  • B. using the Import Participant process
  • C. manually in the UI
  • D. using the Create Participant task in Setup and Maintenance

Answer: D

 

NEW QUESTION 52
A profile option is set at Site and User levels. Which one takes precedence?

  • A. Site
  • B. Product
  • C. user
  • D. Global

Answer: C

Explanation:
Explanation
The value you specify for this profile option at the user level takes precedence over the value that is set for this profile option by the system administrator at the site, application, responsibility, or user level.
https://docs.oracle.com/cd/E18727_01/doc.121/e13510/T447343T355483.htm

 

NEW QUESTION 53
Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.

  • A. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
  • B. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
  • C. APPLICATION IMPLEMENTATION CONSUI TANT
  • D. BI_ADMINISTRATOR
  • E. COMPENSATION PLAN ADMINISTRATOR

Answer: A

 

NEW QUESTION 54
Which three statements are true regarding Classification?

  • A. Classification rules are used to classify transactions into meaningful credit categories.
  • B. Rule criteria involve one or more transaction attributes.
  • C. Classification process must be run before the Crediting process.
  • D. Qualifiers are ANDed and qualifier attribute values are ORed.
  • E. Classification splits the credits among the participant credit receivers.

Answer: B,C,D

 

NEW QUESTION 55
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, Reporting Specialist, Project Manager
  • B. System Administrator, Business Analyst, DBA, Project Manager
  • C. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
  • D. Business Analyst, DBA, Reporting Specialist, Data Specialist

Answer: C

 

NEW QUESTION 56
Which option will never have access to the full Business Unit?

  • A. the Compensation Analyst and the Participant
  • B. the Participant
  • C. the Compensation Analyst
  • D. the Sales Manager and the Participant
  • E. the Compensation Manager

Answer: B

 

NEW QUESTION 57
View the following credit rule hierarchy:

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas Sales Manager 1 gets a direct credit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?

  • A. The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
  • B. The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
  • C. The Director receives nothing. Sales Manager 1 and Salesperson 1 receive 10,000 USD and 20,000 USD, respectively.
  • D. The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.

Answer: D

 

NEW QUESTION 58
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?

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

Answer: A,E

 

NEW QUESTION 59
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New 2022 Realistic Free Oracle 1Z0-1062-20 Exam Dump Questions & Answer: https://www.vceengine.com/1Z0-1062-20-vce-test-engine.html