[Jan-2022] Dumps Brief Outline Of The 1Z0-1062-20 Exam - iPassleader
1Z0-1062-20 Training & Certification Get Latest Incentive Compensation
Oracle 1Z0-1062-20 Exam Syllabus Topics:
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NEW QUESTION 34
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. Compensation Plan
- B. Credit Rules
- C. Credit Categories
- D. Pay Groups
- E. Payment Plans
- F. Classification Rules
- G. Analyst
- H. BU Parameter
- I. Participant
Answer: A,B,I
NEW QUESTION 35
A profile option is set at Site and User levels. Which one takes precedence?
- A. Site
- B. Product
- C. Global
- D. user
Answer: D
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 36
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 37
A customer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?
- A. Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
- B. Create a team credit rule for this state and assign the participant as a credit receive
- C. Create a rollup hierarchy rule and assign the participant as a credit receiver.
- D. Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier
Answer: D
NEW QUESTION 38
You want to create compensation plans for a new business unit and found that the plans are similar to the existing compensation plans. How can you achieve this?
- A. You can export the compensation plans from current business unit. Log in to the new business unit and import them into the new business unit, but you must create plan components and performance measures manually.
- B. You can only manually create them in the new business unit, as you cannot Import plans exported from another business unit.
- C. You can use db tools to copy the compensation plans from one business unit to another.
- D. You can export the compensation plans from current business unit. Log In to the new business unit and import them into the new business unit, which imports the complete compensation plans with the associated plan components.
Answer: A
NEW QUESTION 39
By using which method can a new participant be created In the Incentive Compensation application?
- A. using the Create Participant task in Setup and Maintenance
- B. using the Create Participant Web Service
- C. manually in the UI
- D. using the Import Participant process
Answer: A
NEW QUESTION 40
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 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.
- B. Answer B plus-You must run Deploy Credit Rules for the correct date range.
- 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 B plus-You must set 'Enable Rollup' to 'Yes1 and select 'Rollup in Credit Hierarchy.
- E. Answer B plus-You must assign the correct credit category to the performance measure.
Answer: C
NEW QUESTION 41
Which descriptive flexfield should you use to update Incentive Compensation Transaction details?
- A. FIC_TRANSACTION_DFF
- B. CM_TP_TRANSACTIOM_DFP
- C. XC BASE_TRANS_DFF
- D. CN_TP_BASETRAHS_DFF
Answer: B
NEW QUESTION 42
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 43
A performance measure is to be set up to determine the commission rate using total sales attainment percentage for a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How would you set up this performance measure?
- A. Set Process Transaction = Grouped By Interval and Interval = Quarter, have the input expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets in the plan component associated with the performance measure. - B. Set Process Transaction - Grouped By Interval and Interval = Quartet, have the input expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets directly in the performance measure. - C. 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.
- D. Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expressions 'transaction amount', and enter targets directly in the performance measure
Answer: A
NEW QUESTION 44
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 45
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 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.
- C. The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'. - D. 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.
- E. The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
Answer: B
NEW QUESTION 46
You have created one performance measure, PM1, which has the following definition with calculation sequence 1.
You want to refer PMl output in performance measure 2 having calculation sequence 2. Which two statements are true?
- A. You cannot access output of PMl In output expression of PMl.
- B. You can refer to attribute Measure result.PMl.Output.
- C. You can refer to attribute Measure result.PMl.PTD Output Achieved.
- D. You can refer to attribute Measure result .PMl.PTD Output Achieved.
- E. You can refer to attribute Measure result.PMl.Input.
Answer: A,E
NEW QUESTION 47
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 use the Human Resources Cloud Job field to filter which participants to include in the Import.
- C. The administrator can assign compensation plans to participants based on the Oracle Human Resources Cloud Job to Plan mapping.
- D. The administrator can assign roles to participants based on the Oracle Human Resources Cloud Job to Role mapping.
Answer: C
NEW QUESTION 48
Which method enables an Incentive Compensation application administrate, to bypass payment approval?
- A. Set Paysheet Approval Status to 'Approved- in the Manage Parameters task.
- B. Set Grade Fusion Incentive Compensation: Enforce Payment Approval to 'No' in the Manage Profile Options task.
- C. Set up an empty payment administration hierarchy.
- D. Payment approval cannot be bypassed.
Answer: A
NEW QUESTION 49
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. No adjustment can be done for that period.
- C. Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.
- D. Payment batches can be edited and reprocessed.
Answer: A
NEW QUESTION 50
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 51
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 10,000 USD, 30,000 USD, and 20,000 USD, respectively
- B. The Director, Sales Manager 1, and Salesperson 1 receive 30,000 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 52
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 Rollup Hierarchy, Classify after crediting
- B. Rollup using Credit Hierarchy, Classify before crediting
- C. Rollup using Credit Hierarchy, Classify after crediting
- D. Rollup Using = Both, Classify after crediting
Answer: A
NEW QUESTION 53
You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?
- A. Export and Import reports by using the archive/unarchive function.
- B. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
- C. Clone custom objects in Application Composer
- D. Export Compensation Plans to XML
Answer: C
NEW QUESTION 54
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 55
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 56
Which asset typo must you select for searching web service in Oracle Enterprise Repository?
- A. ADF Service
- B. Composite Service
- C. Composite
- D. ADF service Data Object
Answer: C
NEW QUESTION 57
Which option will never have access to the full Business Unit?
- A. the Compensation Analyst
- B. the Participant
- C. the Compensation Manager
- D. the Sales Manager and the Participant
- E. the Compensation Analyst and the Participant
Answer: B
NEW QUESTION 58
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