[Sep-2021] Dumps Brief Outline Of The 1Z0-1062-20 Exam - VCEEngine
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NEW QUESTION 41
An Incentive Compensation administrator wants to import the participant information from Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?
- A. The administrator can assign quotas to participants based on integration with Oracle Human Resources Cloud Compensation Workbench.
- B. The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
- C. The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
- D. The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
Answer: D
NEW QUESTION 42
Your customer is eager to see quick benefits with the new cloud software they bought. Which approach can you recommend?
- A. Start small and add functionality incrementally.
- B. Configure in Production instance from the start of the project.
- C. Conduct thorough requirement sessions to determine priorities.
- D. Import data that fits out of the box and enable reporting.
Answer: A
NEW QUESTION 43
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. The period is overlapping with system defined quarterly period.
- B. Please select the period type for each newly-added period row.
- 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 44
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. APPLICATION IMPLEMENTATION CONSUI TANT
- C. BI_ADMINISTRATOR
- D. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
- E. COMPENSATION PLAN ADMINISTRATOR
Answer: A
NEW QUESTION 45
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 Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
- B. The Director receives nothing. Sales Manager 1 and Salesperson 1 receive 10,000 USD and 20,000 USD, respectively.
- C. The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
- D. The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
Answer: A
NEW QUESTION 46
You must create a request set for simplifying the Incentive Compensation processes for your end customer.
You asked Oracle Support to put the programs in the following sequence:
1. Revert Transaction
2. Run Crediting and Rollup
3. Run Classify Credits
4. Calculate
Which are the correct values of the corresponding BU parameters?
- A. Rollup using Credit Hierarchy, Classify after crediting
- B. Rollup Using = Both, Classify after crediting
- C. Rollup using Rollup Hierarchy, Classify after crediting
- D. Rollup using Credit Hierarchy, Classify before crediting
Answer: C
NEW QUESTION 47
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 deploying the flexfield by selecting the Enable for Reporting check box
- C. while executing the program to enable Descriptive Flex-field for BI Reporting
- D. while creating subject areas for Incentive Compensation Reporting
Answer: A
NEW QUESTION 48
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. The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.
- C. 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.
- 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 rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
Answer: A
NEW QUESTION 49
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 Participant Detail Import
- C. Incentive Compensation Credit Category Import
- D. Incentive Compensation Participant Import
- E. Incentive Compensation Compensation Plan Import
- F. Incentive Compensation Participant Goal Import
- G. Incentive Compensation Transaction Import
Answer: C,D,G
NEW QUESTION 50
Which two statements are true when you create an expression?
- A. You can use the metrics of both plan components and performance measures 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. You can use the metrics of a plan component but not of a performance measure in your expression.
- D. 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.
- E. You can use the metrics of a performance measure but not of a plan component in your expression.
Answer: B,C
NEW QUESTION 51
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. Report to work area mapping is defined for each period.
- B. 'Display period data in participant reports' is selected.
- C. Status is set to 'Active' for all of the required months.
- D. Start and end dates for the fiscal months are valid.
Answer: D
NEW QUESTION 52
A compensation analyst wants to pay commissions calculated for period 4 that were initially missed. The current date falls into period 8, and the last paid payment batch was in period 7.
Identify two options available for the compensation analyst to pay for period 4 commissions.
- A. Create and pay another payment batch for period 4.
- B. Create and pay another payment batch for period 5.
- C. Create and pay another payment batch for period 7.
- D. Create and pay another payment batch for period 6.
- E. Create and pay a payment batch for period 8.
Answer: A,E
NEW QUESTION 53
Which statement is true for the participant home currency?
- A. A participant can be compensated for an invoice booked in a currency different from the participant's home currency.
- B. A participant can be compensated for an invoice booked only in the participant's home currency.
- C. A participant's home currency must be the same as the operating currency.
- D. A participant's home currency must be the same for all participants in the organization.
Answer: B
NEW QUESTION 54
The incentive compensation application set the payment batch status to 'Paid' for a particular period and the payments have to be adjusted for a Which is the correct way to do this?
- A. Pay sheets can be adjusted accordingly.
- B. Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
- C. Payment batches can be edited and reprocessed.
- D. No adjustment can be done for that period.
Answer: A
NEW QUESTION 55
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 D
- B. Option C
- C. Option A
- D. Option B
- E. Option E
Answer: B,E
NEW QUESTION 56
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