1Z1-1062 Exam Training Practice Tests (Oracle Incentive Compensation Cloud 2019 Implementation Essentials)]

Question 1

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?

A. Set up the P2T tasks in Functional Setup Manager. B. Align your patch level between Production and Test environments. C. Enter a Service Request with My Oracle Support. D. Import the Compensation Plans. E. Upgrade Production to the next release.

Correct Answer: A,B

Question 2

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.

A. all the participants associated with that customer B. Rollup hierarchy effective for that date C. all the participants in the organization D. all the participants in the compensation group E. Rollup date

Correct Answer: B,E

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Question 3

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 team credit rule for this state and assign the participant as a credit receive B. Create a rollup hierarchy rule and assign the participant as a credit receiver. C. Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier. D. Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier

Correct Answer: D

Question 4

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

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

Correct Answer: B

Question 5

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. Measureresult.PM1.PTDOutputAchieved B. SUM ( Credit.Credit Amount ) C. Credit.Credit Amount D. Measure result.PM1.Output

Correct Answer: C

Question 6

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

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

Correct Answer: A

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Question 7

Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules, andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

A. Incentive Compensation Participant Import B. Incentive Compensation Compensation Plan Import C. Incentive Compensation Participant Detail Import D. Incentive Compensation Classification Rule Import E. Incentive Compensation Participant Goal Import F. Incentive Compensation Transaction Import G. Incentive Compensation Credit Category Import

Correct Answer: A,F,G

Question 8

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

A. Participant Details Descriptive Flexfields B. Employee Descriptive Flexfields C. Participant Header Descriptive Flexfields D. Standard Participant Fields such as currency code or cost center E. Resource Descriptive Flexfields

Correct Answer: A,B,C

Oracle Incentive Compensation Cloud 2019 Implementation Essentials - 1Z1-1062 Exam Practice Test