Free Nov-2022 UPDATED Oracle 1z0-1062-21 Exam Questions & Answer [Q28-Q44]

Free Nov-2022 UPDATED Oracle 1z0-1062-21 Exam Questions & Answer

Latest Success Metrics For Actual 1z0-1062-21 Exam Realistic Dumps

NEW QUESTION 28
You want to create compensation plans for a new businessunit 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, which imports the complete compensation plans with the associated plan components.
B. 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 andperformance measures manually.
C. You can use db tools to copy the compensation plans from one business unit to another.
D. You can only manually create them in the new businessunit, as you cannot Import plans exported from another business unit.

Answer: B

NEW QUESTION 29
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?

A. 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.
B. 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.
C. 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.
D. 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.

Answer: B

NEW QUESTION 30
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?

A. Answer B plus-You must assign the correct credit category to the performance measure.
B. 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.
C. Answer B plus-You must set 'Enable Rollup' to 'Yes1and select 'Rollup in Credit Hierarchy.
D. Answer B plus-You must run Deploy Credit Rules for the correct date range.
E. The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.Attribute values and a credit receiver are assigned.

Answer: E

NEW QUESTION 31
Which are the three broad categories, based on which cross subject area reporting can be built?

A. combining logical SQL using the Advanced tab
B. using common dimensions
C. combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference
D. using common and local dimensions

Answer: B,C,D

Explanation:
Explanation
Cross-Subject Area Analyses: Explained
You can create analyses that combine data from more than one subject area. This type of query is referred to as a cross-subject area analysis. Cross-subject area analyses can be classified into threebroad categories:
* Using common dimensions
* Using common and local dimensions
* Combining more than one result set from different subject areas using set operators such as union, union all, intersection and difference

NEW QUESTION 32
Which two statements are true when you create an expression?

A. Anexpression 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.
B. You can use the metrics of a performance measure but not of a plan component in your expression.
C. 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.
D. You can use the metrics of a plan component but not of a performance measure in your expression.
E. You can use the metrics of both plan components andperformance measures in your expression.

Answer: C,D

NEW QUESTION 33
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 theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.
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 Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.
D. Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.

Answer: C

NEW QUESTION 34
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?

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 35
View the following credit rule hierarchy:

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit 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 receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.
B. The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
C. The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 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: C

NEW QUESTION 36
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?

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

Answer: C

NEW QUESTION 37
Which option will never have access to the full Business Unit?

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

Answer: D

NEW QUESTION 38
Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.

A. COMPENSATION PLAN ADMINISTRATOR
B. BI_ADMINISTRATOR
C. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
D. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
E. APPLICATION IMPLEMENTATION CONSUI TANT

Answer: D

NEW QUESTION 39
An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string'MORE'; ifthetransaction amount is less than 1000, it should returnthestring 'LESS'; and if the transaction amount is equal to 1000, It should return thestring'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?

A. Option C
B. OptionA
C. Option E
D. Option B
E. Option D

Answer: D,E

NEW QUESTION 40
Which method enables an Incentive Compensation application administrate, to bypass payment approval?

A. Set Grade Fusion Incentive Compensation: Enforce Payment Approval to 'No' in the Manage Profile Options task.
B. Payment approval cannot be bypassed.
C. Set Paysheet Approval Status to 'Approved-in the Manage Parameters task.
D. Set up an empty payment administration hierarchy.

Answer: C

NEW QUESTION 41
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?

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 = Quartet, have the input expression
'sum(Credit.transaction amount/Measure.Target)', and enter targets directly inthe performance measure.
C. 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.
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: C

NEW QUESTION 42
In which section of the Home screen dousers receive notifications generated by the Approvals functionality?

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

Answer: C

NEW QUESTION 43
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?