Unique Top-selling 1Z0-1062-20 Exams - New 2021 Oracle Pratice Exam [Q27-Q46]

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Unique Top-selling 1Z0-1062-20 Exams - New 2021 Oracle  Pratice Exam

Incentive Compensation Dumps 1Z0-1062-20 Exam for Full Questions - Exam Study Guide

NEW QUESTION 27
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 28
Your client wants to encourage continuous growth from quarter, to quarter to ensure its representatives are pushing themselves and growing the business. As such, your client has created a quarterly SPIF (Sales Promotion Incentive Fund) to reward growth. The client wants to take the current quarter's attainment, and compare it to prior quarters. If growth Is positive, the client will give them an additional $2000. If not, then nothing.
Which expression should you use to meet the requirement?

  • A. YTD (Year-to date) Target Incentive
  • B. Rolling Average Attainment
  • C. Previous Interval Attainment
  • D. Date Difference

Answer: D

 

NEW QUESTION 29
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. Payment approval cannot be bypassed.
  • D. Set up an empty payment administration hierarchy.

Answer: A

 

NEW QUESTION 30
A report with relevance to Contacts has to be built to show the entire business life cycle associated to the Contact. The developer decides to design the report by combining reports using SQL. He has taken care of having multiple logical statements based on common ID/Keys, yet he finds some issues due to Joins in reports.
Identify the technique that could resolve the Join issue.

  • A. This technique allows you to Join multiple logical SQL statements by using Equi Join and Cross Join.
  • B. This technique does not allow you to Join multiple logical SQL statements by using Inner Join and Outer Join.
  • C. This technique allows you to Join multiple logical SQL statements by using Inner Join and Outer Join.
  • D. This technique allows you to Join multiple logical SQL statements by using Inner Join, Outer Join and Doss Join.
  • E. This technique allows you to Join multiple logical SQL statements by using Equi Joins.

Answer: E

 

NEW QUESTION 31
Which option will never have access to the full Business Unit?

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

Answer: C

 

NEW QUESTION 32
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 33
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 34
Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions and data a user has access to?

  • A. Security Profile
  • B. Job
  • C. Role
  • D. Responsibility

Answer: B

 

NEW QUESTION 35
In which section of the Home screen do users receive notifications generated by the Approvals functionality?

  • A. Activity Stream
  • B. Worklist: Notifications and Approvals
  • C. Approval Manager
  • D. BPM Worklist

Answer: B

 

NEW QUESTION 36
Which two statements are true regarding the Complete Calculation process?

  • A. can be time-consuming on very large volume transactions
  • B. meant for minor changes that affect few participants
  • C. limited to only a particular sales hierarchy
  • D. recalculates all transactions for a given period

Answer: A,D

 

NEW QUESTION 37
The estimated Compensation module_________

  • A. works in runtime mode and can be invoked via a web service from third-party applications
  • B. both B and D
  • C. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
  • D. both B and C
  • E. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
  • F. uses Opportunities in Sales Cloud to calculate what earnings would be if they became orders

Answer: F

 

NEW QUESTION 38
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 39
You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Although some of the workforce is based in the UK and Canada, the company pays the workforce in USD.
How do you set up currencies?

  • A. Select Operating Currency as USD and select Processing Currency as Operating Currency.
  • B. Select Operating Currency as USD and select Processing Currency as Participant's Home Currency.
  • C. Select Operating Currency as USD and Processing Currency as USD.
  • D. Select Processing Currency as USD only. Operating Currency is not mandatory.

Answer: D

 

NEW QUESTION 40
Which asset typo must you select for searching web service in Oracle Enterprise Repository?

  • A. ADF Service
  • B. ADF service Data Object
  • C. Composite Service
  • D. Composite

Answer: D

 

NEW QUESTION 41
You want to enable Plan Component ID, Period ID, and Participant ID for use as parameters in a User-Defined Function. Which table should these be drawn from?

  • A. CN_SRP_PIAN_C0HPONENTS_ALL
  • B. CN_SRP_PER_FORM_METRICS_ALL
  • C. CN_SRP_SUBLEDGER_ALL
  • D. CN_TP_TRANSACTIONS_ALL
  • E. CN_SRP_PARTICIPANTS_ALL

Answer: D

Explanation:
Explanation
https://docs.oracle.com/cloud/farel10/salescs_gs/FACMI/FACMI1417756.htm#FACMI1400328

 

NEW QUESTION 42
Which statement is true regarding role inheritance?

  • A. Roles are not inherited; they are assigned at their lowest level.
  • B. Abstract roles are inherited by Job roles
  • C. Job and abstract roles are inherited by duty roles.
  • D. Duty roles are inherited by job roles.

Answer: C

Explanation:
Explanation
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e16689/F323387AN1B348.htm

 

NEW QUESTION 43
A performance measure is set up to determine the commission rate by using total sales attainment percentage tot a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should you set up this performance measure?

  • A. 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.
  • B. Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression 'sum (Oedit.transactionamount/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 'transaction amount', and enter targets directly in the performance measure.
  • D. Set Process Transaction = Grouped by Interval and Interval - Quarter, have the input expression 'sum (Credit.transactlonamount/Measure.Target)' and enter targets in the plan component associated with the performance measure.

Answer: A

 

NEW QUESTION 44
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 can refer to attribute Measure result.PMl.Input.
  • B. You cannot access output of PMl In output expression of PMl.
  • C. You can refer to attribute Measure result.PMl.Output.
  • D. You can refer to attribute Measure result .PMl.PTD Output Achieved.
  • E. You can refer to attribute Measure result.PMl.PTD Output Achieved.

Answer: A,B

 

NEW QUESTION 45
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 Phase as ,Phase2' and PC2 must have calculation phase as 'Phase 1'.
  • B. PCI must have Calculation sequence greater than that of PC2.
  • C. PCI must have Calculation sequence less than that of PC2.
  • D. PCI must have Calculation Phase as 'Phase 1' and PC2 must have calculation phase as 'Phase2'.

Answer: A

 

NEW QUESTION 46
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