Authentic 1z0-1062-21 Dumps With 100% Passing Rate Practice Tests Dumps [Q16-Q34]

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Authentic 1z0-1062-21 Dumps With 100% Passing Rate Practice Tests Dumps

Oracle 1z0-1062-21 Real Exam Questions Guaranteed Updated Dump from TroytecDumps

NEW QUESTION 16
Which format must the date column value have In File Based Data Import?

YYYY/MM/DD

DD/MM/YYYY

MM/DD/YYYY

Date format is configurable

NEW QUESTION 17
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.

NEW QUESTION 18
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?

Go to theManage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.

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.

Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.

Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.

NEW QUESTION 19
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.

NEW QUESTION 20
Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

Configure in Production instance from the start of the project.

Conduct thorough requirement sessions to determine priorities.

Start small and add functionality incrementally.

Import datathat fits out of the box and enable reporting.

NEW QUESTION 21
Which two methods are valid when assigning a pay group to a participant?

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

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

Assign the pay group directly to the participant.

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

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

NEW QUESTION 22
Which three statements are true regarding Classification?

Classification splits the credits among the participant credit receivers.

Classification rules are used to classify transactions into meaningful credit categories.

Rule criteria involve one or more transaction attributes.

Qualifiers are ANDed and qualifier attribute values are ORed.

Classification process must be run before the Crediting process.

NEW QUESTION 23
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.

NEW QUESTION 24
Which three participant related data can be used in calculation expressions without usinguserdefined functions?

Standard Participant Fields such as currency code or cost center

Resource Descriptive Flexfields

Participant Details Descriptive Flexfields

Participant Header Descriptive Flexfields

Employee Descriptive Flexfields

NEW QUESTION 25
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.

NEW QUESTION 26
In which section of the Home screen dousers receive notifications generated by the Approvals functionality?

Worklist: Notifications and Approvals

BPM Worklist

Activity Stream

Approval Manager

NEW QUESTION 27
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.

NEW QUESTION 28
Your configurations and repents are moved to the Production environment. You want to copy them to your Test environment. Which two actions must you take?

Enter a Service Request with My Oracle Support.

Align your patch levelbetween Production and Test environments.

Import the Compensation Plans.

Upgrade Production to the next release.

Set up the P2T tasks in Functional Setup Manager.

NEW QUESTION 29
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

NEW QUESTION 30
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.

NEW QUESTION 31
Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.
Identify the two options this is based on.

all the participants associated with that customer

all the participants in the compensation group

all the participants in theorganization

Rollup date

Rollup hierarchy effective for that date

NEW QUESTION 32
A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this 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 theperformance measure.

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.

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.

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.

NEW QUESTION 33
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

NEW QUESTION 34
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.