[Nov 23, 2021] Fully Updated Dumps PDF - Latest 1Z0-1062-20 Exam Questions and Answers
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NEW QUESTION 12
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 deploying the flexfield by selecting the Enable for Reporting check box
- B. while executing the program to enable Descriptive Flex-field for BI Reporting
- C. while defining the segments by selecting the Enable for Reporting check box
- D. while creating subject areas for Incentive Compensation Reporting
Answer: C
NEW QUESTION 13
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?
- A. Performance Interval
- B. Process Transactions
- C. Unit of Measure
- D. Distribute By
Answer: C
NEW QUESTION 14
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?
- 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 rollup credit for direct reports and the director receives rollup credit only for the manager's direct credits.
- C. 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.
- D. There will be no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.
- E. 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.
Answer: E
NEW QUESTION 15
An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date for two periods with a different end date.
Which Statement represents the error for this scenario?
- A. The date range should not overlap with any other period.
- B. Please select the period type for each newly-added period row.
- C. The start date cannot be later than the end date for a period.
- D. The period is overlapping with system defined quarterly period.
Answer: C
NEW QUESTION 16
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 C
- B. Option B
- C. Option D
- D. Option E
- E. Option A
Answer: A,D
NEW QUESTION 17
You are required to create a compensation plan where commission is paid 6% of transaction amount for credit category 'Laptop'. Also reporting requirement dictates you to capture each older number along with earned amount at the order level. You are also expected to reuse already created expressions to maximize re usability.
Which expression will you not be able to use in the plan component - Incentive formula?
- A. Measure result.PM1.Output
- B. Credit.Credit Amount
- C. SUM ( Credit.Credit Amount )
- D. Measure result.PM1.PTD Output Achieved
Answer: B
NEW QUESTION 18
A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the last quarter 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 calendar year.
- 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. Go to the Manage Earning Types task and define a new earning type, such as 'Point Rewards'.
- E. Add a new row to the Conversion Factor section for the earning type 'Point Rewards'
Answer: D
NEW QUESTION 19
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 Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
- B. The Director receives nothing. Sales Manager 1 and Salesperson 1 receive 10,000 USD and 20,000 USD, respectively.
- C. The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 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: A
NEW QUESTION 20
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 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, 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 21
A classification rules hierarchy is set up as:
The performance measure 'Storage attainment' is associated with category STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE.
If the transaction is:
What will the application do when the Classification and Calculation processes are run?
- A. associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment'
- B. associate the credit category HARD DRIVE with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment')
- C. associate both credit categories (STORAGE and HARD DRIVE) with Km- transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
- D. associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure
'Storage attainment' - E. associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment*
Answer: E
NEW QUESTION 22
Which option will never have access to the full Business Unit?
- A. the Compensation Analyst
- B. the Sales Manager and the Participant
- C. the Compensation Manager
- D. the Participant
- E. the Compensation Analyst and the Participant
Answer: D
NEW QUESTION 23
Which are the three broad categories, based on which cross subject area reporting can be built?
- A. using common dimensions
- B. combining logical SQL using the Advanced tab
- 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: A,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 three broad 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 24
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 25
Your stand alone SaaS implementation project starts in two weeks. With which four roles must you staff your consulting team?
- A. System Administrator Business Analyst, Reporting Specialist, Project Manager
- B. System Administrator, Business Analyst, DBA, Project Manager
- C. Business Analyst, Reporting Specialist, Data Specialist, Project Manager
- D. Business Analyst, DBA, Reporting Specialist, Data Specialist
Answer: C
NEW QUESTION 26
Your customer is eager to see quick benefits with the new cloud software they bought. Which approach can you recommend?
- A. Configure in Production instance from the start of the project.
- B. Conduct thorough requirement sessions to determine priorities.
- C. Start small and add functionality incrementally.
- D. Import data that fits out of the box and enable reporting.
Answer: C
NEW QUESTION 27
Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.
- A. APPLICATION IMPLEMENTATION CONSUI TANT
- B. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR
- C. BI_ADMINISTRATOR
- D. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI
- E. COMPENSATION PLAN ADMINISTRATOR
Answer: D
NEW QUESTION 28
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_TP_TRANSACTIONS_ALL
- C. CN_SRP_PER_FORM_METRICS_ALL
- D. CN_SRP_SUBLEDGER_ALL
- E. CN_SRP_PARTICIPANTS_ALL
Answer: B
Explanation:
Explanation
https://docs.oracle.com/cloud/farel10/salescs_gs/FACMI/FACMI1417756.htm#FACMI1400328
NEW QUESTION 29
A team rollup rule has five credit receivers with each team member reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?
- A. Only the direct credit receiver's manager will receive the managerial rollup credit.
- B. No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.
- C. The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.
- D. All team member managers will receive the managerial rollup credit.
- E. The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.
Answer: C
NEW QUESTION 30
Which two methods are valid when assigning a pay group to a participant?
- A. Assign the role to the pay group and allow the participant to inherit the pay group.
- B. If there is only one pay group, all participants are automatically assigned to the pay group.
- C. Assign the pay group to the credit category and allow the participant to inherit the pay group.
- D. Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
- E. Assign the pay group directly to the participant.
Answer: A,D
NEW QUESTION 31
A company has its classification rules, which are at the same level in the hierarchy, set up as:
Which option shows the credit category or categories that will be assigned to this transaction during the Classification process?
- A. COMPUTERS
- B. TOSHIBA
- C. LAPTOP
- D. INTEL
Answer: B
NEW QUESTION 32
Which three statements are true regarding Classification?
- A. Classification process must be run before the Crediting process.
- B. Classification splits the credits among the participant credit receivers.
- C. Qualifiers are ANDed and qualifier attribute values are ORed.
- D. Rule criteria involve one or more transaction attributes.
- E. Classification rules are used to classify transactions into meaningful credit categories.
Answer: A,C,D
NEW QUESTION 33
Performance Measures can be added to expressions in the expression builder. Which structures are supported?
- A. The goal of one performance measure can be used in the formula expression of a different performance measure.
- B. A and D
- C. Output of performance measure on one plan component can be used as Input to rate table on another performance measure on a different plan component.
- D. Input of performance measure Interval-to-date can be used in the formula expression of a plan component.
- E. The output of five performance measures can be combined in the formula expression of a plan component.
- F. A, B, and C
Answer: F
NEW QUESTION 34
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.PTD Output Achieved.
- B. You can refer to attribute Measure result.PMl.Input.
- C. You can refer to attribute Measure result.PMl.PTD Output Achieved.
- D. You can refer to attribute Measure result.PMl.Output.
- E. You cannot access output of PMl In output expression of PMl.
Answer: B,E
NEW QUESTION 35
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 all participants reporting to this participant as credit receivers, and set
'State' as qualifier - B. Create a team credit rule for this state and assign the participant as a credit receive
- C. Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.
- D. Create a rollup hierarchy rule and assign the participant as a credit receiver.
Answer: A
NEW QUESTION 36
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