Oracle 1Z0-1062-20 Test Engine Dumps Training With 75 Questions
1Z0-1062-20 Questions Pass on Your First Attempt Dumps for Incentive Compensation Certified
Oracle 1Z0-1062-20 Exam Syllabus Topics:
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NEW QUESTION 15
The estimated Compensation module_________
- A. both B and C
- B. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation
- C. works in runtime mode and can be invoked via a web service from third-party applications
- D. both B and D
- E. uses Opportunities in Sales Cloud to calculate what earnings would be if they became orders
- F. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels
Answer: E
NEW QUESTION 16
Which are the three broad categories, based on which cross subject area reporting can be built?
- A. combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference
- B. using common dimensions
- C. combining logical SQL using the Advanced tab
- D. using common and local dimensions
Answer: A,B,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 17
Which Oracle Sales Cloud and Incentive Compensation applications security construct controls what functions and data a user has access to?
- A. Role
- B. Responsibility
- C. Security Profile
- D. Job
Answer: D
NEW QUESTION 18
You have to write a custom function that accesses the performance measure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?
- A. CM SRP PARTICIPANTS ALL
- B. CW_TP_EARNINGS_ALL
- C. CN SRP_PER_FORM_METRICS_ALL
- D. CN TP KEASURE_RESULTS_ALL
Answer: C
Explanation:
Explanation
https://docs.oracle.com/cloud/latest/salescs_gs/FACMI/FACMI1417756.htm#FACMI1419062
NEW QUESTION 19
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. Please select the period type for each newly-added period row.
- B. The period is overlapping with system defined quarterly period.
- C. The date range should not overlap with any other period.
- D. The start date cannot be later than the end date for a period.
Answer: D
NEW QUESTION 20
In which section of the Home screen do users receive notifications generated by the Approvals functionality?
- A. Approval Manager
- B. Activity Stream
- C. BPM Worklist
- D. Worklist: Notifications and Approvals
Answer: D
NEW QUESTION 21
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. Add a new row to the Conversion Factor section for the earning type 'Point Rewards'
- 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. Set the conversion factor = 0.1, and define Start Date - 01-Oct and End Date = 31-Dec for the fiscal year.
Answer: D
NEW QUESTION 22
A report with relevance to Contacts has to be built to show the entire business life cycle associated to the Contact. The developer decides to design the report by combining reports using SQL. He has taken care of having multiple logical statements based on common ID/Keys, yet he finds some issues due to Joins in reports.
Identify the technique that could resolve the Join issue.
- A. This technique allows you to Join multiple logical SQL statements by using Inner Join, Outer Join and Doss Join.
- B. This technique allows you to Join multiple logical SQL statements by using Inner Join and Outer Join.
- C. This technique does not allow you to Join multiple logical SQL statements by using Inner Join and Outer Join.
- D. This technique allows you to Join multiple logical SQL statements by using Equi Join and Cross Join.
- E. This technique allows you to Join multiple logical SQL statements by using Equi Joins.
Answer: E
NEW QUESTION 23
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 is true to identify the root cause of the error?
- A. The administrator must have defined 'Point Rewards' as a monetary earning type.
- B. The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
- C. 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.
- D. The administrator has not associated the participants with the plan components where earning type is
'Point Rewards'. - 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.
Answer: E
NEW QUESTION 24
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. Rollup hierarchy effective for that date
- B. all the participants in the organization
- C. all the participants in the compensation group
- D. Rollup date
- E. all the participants associated with that customer
Answer: A,D
Explanation:
Explanation
https://docs.oracle.com/cloud/farel8/salescs_gs/FACMI/F1071275AN2125B.htm
NEW QUESTION 25
Will the earnings for participants be calculated once their Active End Date has elapsed?
- A. Earnings will not be calculated if their Compensation End date has elapsed.
- B. Earnings will be calculated foe participants as long as they remain assigned to a compensation plan.
- C. Earnings will be calculated participants as long as they exist m the fusion Incentive Compensation system.
- D. Earnings will not be calculated if their Active End Date has elapsed.
Answer: C
NEW QUESTION 26
Which two statements are true when you create an expression?
- A. You can use the metrics of a plan component but not of a performance measure in your expression.
- B. You can use the metrics of both plan components and performance measures in your expression.
- C. You can use the metrics of a performance measure but not of a plan component in your expression.
- D. 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.
- E. An expression 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.
Answer: A,D
NEW QUESTION 27
Which statement is true about classification rules and credit categories?
- A. You can associate multiple credit categories to a classification rule.
- B. You can define the split credit percentage at classification rule UI.
- C. You can associate only one credit category to a classification rule.
- D. You can associate classification rule to credit category via performance measure.
Answer: A
NEW QUESTION 28
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 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?
- A. Process Transactions
- B. Unit of Measure
- C. Distribute By
- D. Performance Interval
Answer: B
NEW QUESTION 30
Which asset typo must you select for searching web service in Oracle Enterprise Repository?
- A. ADF Service
- B. Composite
- C. Composite Service
- D. ADF service Data Object
Answer: B
NEW QUESTION 31
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 creating subject areas for Incentive Compensation Reporting
- B. while deploying the flexfield by selecting the Enable for Reporting check box
- C. while executing the program to enable Descriptive Flex-field for BI Reporting
- D. while defining the segments by selecting the Enable for Reporting check box
Answer: D
NEW QUESTION 32
Which two currencies must you define when creating compensation business units?
- A. Operating
- B. Participant Home
- C. Processing
- D. Functional
Answer: A,C
Explanation:
Explanation
https://docs.oracle.com/cd/E60665_01/salescs_gs/OAWIC/OAWIC1069924.htm
NEW QUESTION 33
Which three participant related data can be used in calculation expressions without using user defined functions?
- A. Employee Descriptive Flexfields
- B. Standard Participant Fields such as currency code or cost center
- C. Participant Details Descriptive Flexfields
- D. Resource Descriptive Flexfields
- E. Participant Header Descriptive Flexfields
Answer: A,C,E
NEW QUESTION 34
By using which method can a new participant be created In the Incentive Compensation application?
- A. using the Create Participant Web Service
- B. using the Import Participant process
- C. manually in the UI
- D. using the Create Participant task in Setup and Maintenance
Answer: D
NEW QUESTION 35
Which three statements are true regarding Classification?
- A. Classification rules are used to classify transactions into meaningful credit categories.
- B. Rule criteria involve one or more transaction attributes.
- C. Classification process must be run before the Crediting process.
- D. Qualifiers are ANDed and qualifier attribute values are ORed.
- E. Classification splits the credits among the participant credit receivers.
Answer: B,C,D
NEW QUESTION 36
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 37
Your configurations and reports are moved to the Production environment. You want to copy thorn to your Test environment. When should you schedule P2T?
- A. when P2T tasks are set up In FSM
- B. once Production and Test are aligned on the same patch
- C. after the next patch is applied to Test
- D. after the next patch is applied to Production
Answer: A
NEW QUESTION 38
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