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  5. Oracle Incentive Compensation Cloud 2021 Implementation Essentials Questions and Answers
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1z0-1062-21 Oracle Incentive Compensation Cloud 2021 Implementation Essentials Questions and Answers

Questions 4

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?

Options:

A.

You can use db tools to copy the compensation plans from one business unit to another.

B.

You can only manually create them in the new businessunit, as you cannot Import plans exported from another business unit.

C.

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.

D.

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.

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Questions 5

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

Options:

A.

Composite Service

B.

Composite

C.

ADF Service

D.

ADF service Data Object

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Questions 6

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?

Options:

A.

OptionA

B.

Option B

C.

Option C

D.

Option D

E.

Option E

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Questions 7

A regional sales manager is promoted to a higherposition and becomes eligible to receive rollup credit from multiple business units. How should you create a rollup hierarchy rule to receive rollup horn multiple business units?

Options:

A.

No additional configurations are required because the application accommodates cross-region rollups.

B.

Import the manager's employee record as a participant In each business unit and copy the rollup hierarchy rules to each business unit.

C.

Cross-region rollups are not supported. Managers and salespeople must be participantsIn the same business unit

D.

Import all participants under the manager inall business units and copy the rollup hierarchy rules to each business unit.

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Questions 8

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?

Options:

A.

Enter a Service Request with My Oracle Support.

B.

Align your patch levelbetween Production and Test environments.

C.

Import the Compensation Plans.

D.

Upgrade Production to the next release.

E.

Set up the P2T tasks in Functional Setup Manager.

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Questions 9

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

Options:

A.

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

B.

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

C.

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

D.

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

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Questions 10

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?

Options:

A.

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.

B.

The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.

C.

The administrator has not associated the participants with the plan components where earning type is 'Point Rewards'.

D.

The administrator must have defined'Point Rewards' as a monetary earning type.

E.

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.

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Exam Code: 1z0-1062-21
Exam Name: Oracle Incentive Compensation Cloud 2021 Implementation Essentials
Last Update: Apr 14, 2023
Questions: 73