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Free and Premium Oracle 1z0-1062-21 Dumps Questions Answers

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Total 73 questions

Oracle Incentive Compensation Cloud 2021 Implementation Essentials Questions and Answers

Question 1

Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?

Options:

A.

Business Analyst, DBA, Reporting Specialist, Data Specialist

B.

System Administrator Business Analyst, Reporting Specialist, Project Manager

C.

System Administrator, Business Analyst, DBA, Project Manager

D.

Business Analyst, Reporting Specialist, Data Specialist, Project Manager

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Question 2

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?

Options:

A.

The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager's direct credit.

B.

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.

C.

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.

D.

The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.

E.

There willbe no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.

Question 3

Which two methods are valid when assigning a pay group to a participant?

Options:

A.

Assign the pay group tothe credit category and allow the participant to inherit the pay group.

B.

Assign the pay group to the compensation plan and allow the participant to inherit the pay group.

C.

Assign the pay group directly to the participant.

D.

If there is only one paygroup, all participants are automatically assigned to the pay group.

E.

Assign the role to the pay group and allow the participant to inherit the pay group.

Question 4

Will the earnings for participants be calculated once their Active End Date has elapsed?

Options:

A.

Earnings will not be calculated if their Compensation End date has elapsed.

B.

Earnings will be calculated foe participants as long as they remainassigned to a compensation plan.

C.

Earnings will not be calculated if their Active End Date has elapsed.

D.

Earnings will be calculatedlotparticipants as long as they exist m the fusion Incentive Compensation system.

Question 5

A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter of a fiscal year identify the three steps that the incentive compensation application administrator must take to set up this requirement before associating the reward with a plan component. In this case, the fiscal year corresponds to the calendaryear.

Options:

A.

Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.

B.

Select the earning type to 'Monetary Earnings', define a conversion factor = 1, and define Start Date = 01-Oct and End Date - 31 Dec for the fiscal year.

C.

Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.

D.

Add a new row to the Conversion Factor section for the earning type 'Point Rewards'

E.

Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.

Question 6

You have to write a custom function that accesses the performancemeasure 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?

Options:

A.

CN TP KEASURE_RESULTS_ALL

B.

CN SRP_PER_FORM_METRICS_ALL

C.

CW_TP_EARNINGS_ALL

D.

CM SRP PARTICIPANTS ALL

Question 7

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.

Options:

A.

Report to work area mapping isdefined for each period.

B.

Status is set to 'Active' for all of the required months.

C.

'Display period data in participant reports' is selected.

D.

Start and end dates for the fiscal months are valid.

Question 8

Which three are reports you can customize few Mobile Commissions?

Options:

A.

Payments: Payment transactions and related details of the sales participant

B.

Credits: Credits and related details of the sales participant

C.

Analytics: Details of the recent analysis of the sales participant

D.

Disputes: Details of the recent disputes raised by the sales participant

E.

Reimbursements:Reimbursements and related details of the sale*, ii.ntic ip.int

Question 9

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?

Options:

A.

Option A

B.

Option B

C.

Option C

D.

Option D

E.

Option E

Question 10

An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date fortwo periods with a different end date.

Which Statement represents the error for this scenario?

Options:

A.

Please select the period type for each newly-added period row.

B.

The start date cannot be later than the end date for a period.

C.

The date range should not overlap with any other period.

D.

The period is overlapping with system defined quarterly period.

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Total 73 questions