Free 2022 1z0-1062-21 Dumps 100 Pass Guarantee With Latest Demo [Q44-Q68] : Best Free Exam Guide : http://free.exams4sures.com

Best Free Exam Guide
https://free.exams4sures.com/2022/05/31/free-2022-1z0-1062-21-dumps-100-pass-guarantee-with-latest-demo-q44-q68/
Export date: Fri Mar 14 21:18:36 2025 / +0000 GMT

Free 2022 1z0-1062-21 Dumps 100 Pass Guarantee With Latest Demo [Q44-Q68]

Free 2022 1z0-1062-21 Dumps 100 Pass Guarantee With Latest Demo

Prepare 1z0-1062-21 Question Answers Free Update With 100% Exam Passing Guarantee [2022]

NO.44 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?

Option A

Option B

Option C

Option D

Option E

NO.45 A performance measure is to be set up to determine the commission rate using total sales attainmentpercentage 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?

Set Process Transaction = Grouped By Interval and Interval = Quarter, have theinput expression
‘sum(Credit.transaction amount/Measure.Target)’, and enter targets in the plan component associated with the performance measure.

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.

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

Set Process Transaction – Grouped By Interval and Interval = Quartet, have the input expression
‘sum(Credit.transaction amount/Measure.Target)’, and enter targets directly inthe performance measure.

NO.46 Your client is tuning four performance measures with the same output expression ‘SUM (Credit.Credit Amount)’ and no scorecard. The following transactions were processed through the performance measure.

On examining closely, you found that though performance measure has the same output expression, the output (refer below) for the performance measure is not equal.

Which performance measure attribute is responsible for this variation?

Distribute By

Unit of Measure

Performance Interval

Process Transactions

NO.47 Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.

COMPENSATION PLAN ADMINISTRATOR

APPLICATION IMPLEMENTATION CONSUI TANT

INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR

INCENTIVE COMPENSATION INTEGRATION SPECIAUSI

BI_ADMINISTRATOR

NO.48 Which two statements are true about disputes?

Disputes are assigned to the analyst who is associated with the participant creating the dispute.

Disputes are assigned to the analyst who is associated with the participant creating the dispute, and assigned to the compensation manager who the analyst reports to in the payment analyst hierarchy.

Participants can view the disputes they have created in their worklist

Compensation Managers can reassign disputes todifferent analysts.

NO.49 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 istrue to identify the root cause of the error?

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.

The administrator has not defined the conversion factor for the ‘Point Rewards’ to convert into monetary earnings.

The administrator has not associated the participants with the plan components where earning type is
‘Point Rewards’.

The administrator must have defined’Point Rewards’ as a monetary earning type.

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.

NO.50 You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Althoughsome of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?

Select Operating Currency as USD and select Processing Currency as Operating Currency.

Select Operating Currency as USD andselect Processing Currency as Participant’s Home Currency.

Select Operating Currency as USD and Processing Currency as USD.

Select Processing Currency as USD only. Operating Currency is not mandatory.

NO.51 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?

You cannot access output of PMl In output expression of PMl.

You can refer to attribute Measure result.PMl.Output.

You can refer to attribute Measure result.PMl.Input.

You can refer to attribute Measure result .PMl.PTD Output Achieved.

You can refer to attribute Measure result.PMl.PTD Output Achieved.

NO.52 Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

Operating

Participant Home

Functional

Processing

NO.53 The incentive compensation application set the paymentbatchstatus to ‘Paid’ for a particular period and the payments have to be adjusted for a Which is the correct way to do this?

Payment batches can be edited and reprocessed.

No adjustment can be done for that period.

Pay sheets can be adjustedaccordingly.

Reprocess earnings and payments; delta earnings and adjustments are included in the new payment batch.

NO.54 Which statement is true regarding role inheritance?

Jobandabstract roles are inherited by duty roles.

Abstract roles are inherited by Job roles

Roles are not inherited; they are assigned at their lowest level.

Duty roles are inherited by job roles.

NO.55 The status of the ESS (Enterprise Scheduler Service) requestis ‘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?

Answer B plus-You must run Deploy Credit Rules for the correct date range.

Answer B plus-You must assign the correct credit category to the performance measure.

Answer B plus-You must set ‘Enable Rollup’ to ‘Yes1and select ‘Rollup in Credit Hierarchy.

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.

The ‘Enable Direct Crediting’ parameter is set to “Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.

NO.56 Which option will never have access to the full Business Unit?

the Sales Manager and the Participant

the Compensation Analyst

the Compensation Manager

the Compensation Analyst and the Participant

the Participant

NO.57 A profile option is set at Site and User levels. Which one takes precedence?

Site

user

Product

Global

NO.58 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?

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

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

The date range should not overlap with any other period.

The period is overlapping with system defined quarterly period.

NO.59 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?

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

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.

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.

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

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

NO.60 Which two statements are true for individualized compensation plan values?

Individualized compensation plan values summarize transactions during the Calculation phase.

Individualized ratevalues for a participant take precedence over original compensation plan rate values.

Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.

A participant’s manager can personalize the compensation plan view if the Individualize option is selected.

A participant can personalize the compensation plan view if the Individualize option is selected.

NO.61 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.

Assign the participant to a new role and resource group.

Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.

Assign the participant to the global business unit and global role,

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.

NO.62 Your customer needs a fewextra fieldsto be displayed inmanagement reports. TheseHolds are being captured In Descriptive Flex-fields. At what stage should you enable Descriptive Flex-field for BIReporting?

while defining the segments by selecting the Enable for Reporting check box

while deploying the flexfield by selecting the Enable for Reporting check box

while creating subject areas for Incentive Compensation Reporting

whileexecuting the program to enable Descriptive Flex-field for BI Reporting

NO.63 Which asset typo must you select for searching web service in Oracle Enterprise Repository?

Composite Service

Composite

ADF Service

ADF service Data Object

NO.64 You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

Export and Import reports by using the archive/unarchive function.

Move Calendar, Business Units, List of Values, and Profile Options by using FSM.

Clone custom objects in Application Composer

Export Compensation Plans to XML

NO.65 A payment plan is to be configured to pay a minimum (draw) flat amount of 8,000 per period, which is nonrecoverable. Payment adjustments must be applied only to commission type earnings, and bonus earnings should not be adjusted by the payment plan.
How should you configure the payment plan?

Associate the “Commission” payment group category to ‘Commission’ type plan components. In the Payment Plan, select ‘Commission’ from the Payment Group Category dropdown, enter 8,000 in the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select “Yes” for the Carry Forward Maximum drop down, and select ‘No’ for the Minimum Recovery option.

Associate the ‘Commission’ Incentive Type (payment group category) to ‘Commission’ type plan components. In the Payment plan, select ‘Commission’ from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select ‘No’ for the Minimum Recovery option.

Associate the ‘Commission’ Incentive Type (payment group category) to ‘Commission’ type plan components. In the Payment Plan, select ‘Commission’ from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select the ‘Yes’ for the Minimum Recovery option and ‘Immediate’ for the Recovery Start option.

Associate the ‘Commission’ payment group category to “Commission’ type plan components. In the Payment Plan, select ‘Commission’ from the Payment Group Category drop down, enter 8,000 In the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select ‘Yes’ for the Carry forward Maximum drop down, select ‘Yes’for the Minimum Recovery option, and
‘Immediate’ for the Recovery Start option.

NO.66 A team rollup rule has five credit receivers witheach teammember reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?

The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.

All team member managers will receive the managerial rollup credit.

Only the direct credit receiver’s manager will receive the managerial rollup credit.

No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.

The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.

NO.67 By using which method can a new participant be created In the Incentive Compensation application?

manually in the UI

using the Create Participant Web Service

using the Import Participant process

using the Create Participant task in Setupand Maintenance

NO.68 Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this beaccomplished?

Copy the Analyst Role and delete all privileges in the provisioning template other than Read.

Copy the Participant role and add Analyst Duty Roles.

Create a new role template.

Create a new role and add read privileges.

Dumps Real Oracle 1z0-1062-21 Exam Questions [Updated 2022]: https://www.exams4sures.com/Oracle/1z0-1062-21-practice-exam-dumps.html ¹

Links:

https://www.exams4sures.com/Oracle/1z0-1062-21-pra ctice-exam-dumps.html

Post date: 2022-05-31 21:24:10
Post date GMT: 2022-05-31 21:24:10

Post modified date: 2022-05-31 21:24:10
Post modified date GMT: 2022-05-31 21:24:10

Export date: Fri Mar 14 21:18:36 2025 / +0000 GMT
This page was exported from Best Free Exam Guide [ http://free.exams4sures.com ]