[May 12, 2022] Fully Updated 1z0-1062-21 Dumps – 100% Same Q&A In Your Real Exam [Q29-Q52]

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[May 12, 2022] Fully Updated 1z0-1062-21 Dumps – 100% Same Q&A In Your Real Exam

Latest 1z0-1062-21 Exam Dumps – Valid and Updated Dumps

NEW QUESTION 29
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?

CN_SRP_PIAN_C0HPONENTS_ALL

CN_SRP_SUBLEDGER_ALL

CN_TP_TRANSACTIONS_ALL

CN_SRP_PER_FORM_METRICS_ALL

CN_SRP_PARTICIPANTS_ALL

NEW QUESTION 30
Which two statements are true when you create an expression?

You can use the metrics of both plan components andperformance measures in your expression.

You can use the metrics of a performance measure but not of a plan component in your expression.

You can use the metrics of a plan component but not of a performance measure in your expression.

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.

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.

NEW QUESTION 31
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.

NEW QUESTION 32
A team rollup rule has five credit receivers witheach teammember reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?

The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.

All team member managers will receive the managerial rollup credit.

Only the direct credit receiver’s manager will receive the managerial rollup credit.

No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.

The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.

NEW QUESTION 33
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 earnedamount 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?

Measure result.PM1.Output

Measureresult.PM1.PTDOutputAchieved

SUM ( Credit.Credit Amount )

Credit.Credit Amount

NEW QUESTION 34
Which statement is true about classification rules and credit categories?

You can define the split credit percentage at classification rule UI.

You can associate only one credit category to a classification rule.

You can associate classification rule to credit category via performance measure.

You can associatemultiple credit categories to a classification rule.

NEW QUESTION 35
Which asset typo must you select for searching web service in Oracle Enterprise Repository?

Composite Service

Composite

ADF Service

ADF service Data Object

NEW QUESTION 36
Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this beaccomplished?

Copy the Analyst Role and delete all privileges in the provisioning template other than Read.

Copy the Participant role and add Analyst Duty Roles.

Create a new role template.

Create a new role and add read privileges.

NEW QUESTION 37
By using which method can a new participant be created In the Incentive Compensation application?

manually in the UI

using the Create Participant Web Service

using the Import Participant process

using the Create Participant task in Setupand Maintenance

NEW QUESTION 38
In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?

Collection -> Classification-> Roll Up -> Crediting-> Calculation > Payment

Collection -> Classification -> Crediting -> Calculation ->Roll Up-> Payment

Collection-> Classification -> Crediting > Roll Up -> Calculation ->Payment

Collection -> Crediting -> Roll Up-> Classification -> Calculation ->Payment

Collection -> Crediting > Classification -> Roll Up-> Calculation -> Payment

NEW QUESTION 39
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 40
Acustomer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

Create a team credit rule for this state and assign the participant as a credit receive

Create a direct credit rule, assign this participant as a credit receiver, and set ‘State’ as a Qualifier.

Create a rollup hierarchy rule and assign the participant as a credit receiver.

Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
‘State’ as qualifier

NEW QUESTION 41
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?

You cannot access output of PMl In output expression of PMl.

You can refer to attribute Measure result.PMl.Output.

You can refer to attribute Measure result.PMl.Input.

You can refer to attribute Measure result .PMl.PTD Output Achieved.

You can refer to attribute Measure result.PMl.PTD Output Achieved.

NEW QUESTION 42
Will the earnings for participants be calculated once their Active End Date has elapsed?

Earnings will not be calculated if their Compensation End date has elapsed.

Earnings will be calculated foe participants as long as they remainassigned to a compensation plan.

Earnings will not be calculated if their Active End Date has elapsed.

Earnings will be calculatedlotparticipants as long as they exist m the fusion Incentive Compensation system.

NEW QUESTION 43
You have a plan component, PCI, whoso output is dependent onplan component, PC2. Which two statements are true about achieving the stated objective?

PCI must have Calculation sequence less than that of PC2.

PCI must have Calculation sequence greater than that of PC2.

PCI must have Calculation Phase as ‘Phase 1’ and PC2 must have calculation phase as ‘Phase2’.

PCI must have Calculation Phase as,Phase2′ and PC2 must have calculation phase as ‘Phase 1’.

NEW QUESTION 44
Which option will never have access to the full Business Unit?

the Sales Manager and the Participant

the Compensation Analyst

the Compensation Manager

the Compensation Analyst and the Participant

the Participant

NEW QUESTION 45
A client wants to reward the Sales Operation team members with one reward point for every dollar of revenue for the lastquarter 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 calendaryear.

Set the conversion factor = 0.1, and define Start Date – 01-Oct and End Date = 31-Dec for the fiscal year.

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.

Set the conversion factor to 1, and define Start Date = 01 Oct and End Date = 31-Dec for the fiscal year.

Add a new row to the Conversion Factor section for the earning type ‘Point Rewards’

Go to the Manage Earning Types task and define a new earning type, such as ‘Point Rewards’.

NEW QUESTION 46
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?

Incentive Compensation Participant Detail Import

Incentive Compensation Participant Goal Import

Incentive Compensation Transaction Import

Incentive Compensation Participant Import

Incentive Compensation Compensation Plan Import

Incentive Compensation Classification Rule Import

Incentive Compensation Credit Category Import

NEW QUESTION 47
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?

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.

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.

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

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.

NEW QUESTION 48
A participant is transferred to another business unit.
Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.

Assign the participant to a new role and resource group.

Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.

Assign the participant to the global business unit and global role,

Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign appropriate Comp Plan and Paygroup.

NEW QUESTION 49
Your client wants to encourage continuous growth from quarter, toquarterto 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?

Previous Interval Attainment

Rolling Average Attainment

Date Difference

YTD (Year-to date) Target Incentive

NEW QUESTION 50
A compensation analyst wants to pay commissions calculated for period 4 that were initially missed. The current datefalls into period 8, and the last paid payment batch was in period 7.
Identify two options available for the compensation analyst to pay for period 4 commissions.

Create and pay a payment batch for period 8.

Create and pay another payment batch for period 7.

Create and pay another payment batch for period 5.

Create and pay another payment batch for period 4.

Create and pay another payment batch for period 6.

NEW QUESTION 51
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 52
You must create a request set for simplifying the Incentive Compensation processes for your end customer.
You asked Oracle Support to put the programs in the following sequence:
1. Revert Transaction
2. Run Crediting and Rollup
3. Run Classify Credits
4. Calculate
Whicharethe correct values of the corresponding BU parameters?

Rollup using Credit Hierarchy, Classifyaftercrediting

Rollup using Credit Hierarchy, Classify before crediting

Rollup using Rollup Hierarchy, Classify after crediting

Rollup Using= Both, Classify after crediting

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[May 12, 2022] Fully Updated 1z0-1062-21 Dumps – 100% Same Q&A In Your Real Exam [Q29-Q52]

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