[Oct-2021] Verified Oracle Exam Dumps with 1Z0-1062-20 Exam Study Guide
Best Quality Oracle 1Z0-1062-20 Exam Questions Test4Sure Realistic Practice Exams [2021]
NEW QUESTION 45
Your customer is eager to see quick benefits with the new cloud software they bought. Which approach can you recommend?
- A. Start small and add functionality incrementally.
- B. Configure in Production instance from the start of the project.
- C. Conduct thorough requirement sessions to determine priorities.
- D. Import data that fits out of the box and enable reporting.
Answer: A
NEW QUESTION 46
Which statement is true regarding role inheritance?
- A. Roles are not inherited; they are assigned at their lowest level.
- B. Abstract roles are inherited by Job roles
- C. Job and abstract roles are inherited by duty roles.
- D. Duty roles are inherited by job roles.
Answer: C
Explanation:
Explanation
http://docs.oracle.com/cd/E15586_01/fusionapps.1111/e16689/F323387AN1B348.htm
NEW QUESTION 47
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. Resource Descriptive Flexfields
- D. Participant Details Descriptive Flexfields
- E. Participant Header Descriptive Flexfields
Answer: A,D,E
NEW QUESTION 48
Which two statements are true about disputes?
- A. Compensation Managers can reassign disputes to different analysts.
- B. 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.
- C. Participants can view the disputes they have created in their worklist
- D. Disputes are assigned to the analyst who is associated with the participant creating the dispute.
Answer: D
NEW QUESTION 49
Which method enables an Incentive Compensation application administrate, to bypass payment approval?
- A. Set Paysheet Approval Status to 'Approved- in the Manage Parameters task.
- B. Set Grade Fusion Incentive Compensation: Enforce Payment Approval to 'No' in the Manage Profile Options task.
- C. Payment approval cannot be bypassed.
- D. Set up an empty payment administration hierarchy.
Answer: A
NEW QUESTION 50
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 defining the segments by selecting the Enable for Reporting check box
- 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 creating subject areas for Incentive Compensation Reporting
Answer: A
NEW QUESTION 51
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 splits the credits among the participant credit receivers.
- D. Qualifiers are ANDed and qualifier attribute values are ORed.
- E. Classification process must be run before the Crediting process.
Answer: B,D,E
NEW QUESTION 52
Which option will never have access to the full Business Unit?
- A. the Compensation Analyst and the Participant
- B. the Compensation Manager
- C. the Participant
- D. the Sales Manager and the Participant
- E. the Compensation Analyst
Answer: C
NEW QUESTION 53
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?
- A. Collection -> Crediting > Classification -> Roll Up -> Calculation -> Payment
- B. Collection -> Crediting -> Roll Up -> Classification -> Calculation ->Payment
- C. Collection -> Classification -> Crediting > Roll Up -> Calculation ->Payment
- D. Collection -> Classification -> Roll Up -> Crediting -> Calculation > Payment
- E. Collection -> Classification -> Crediting -> Calculation ->Roll Up -> Payment
Answer: D
Explanation:
Explanation
https://docs.oracle.com/cloud/farel9/salescs_gs/FACMI/F1467975AN23409.htm#FACMI1467975
NEW QUESTION 54
You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?
- A. Clone custom objects in Application Composer
- B. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.
- C. Export and Import reports by using the archive/unarchive function.
- D. Export Compensation Plans to XML
Answer: A
NEW QUESTION 55
You have a plan component, PCI, whoso output is dependent on plan component, PC2. Which two statements are true about achieving the stated objective?
- A. PCI must have Calculation Phase as ,Phase2' and PC2 must have calculation phase as 'Phase 1'.
- B. PCI must have Calculation sequence greater than that of PC2.
- C. PCI must have Calculation sequence less than that of PC2.
- D. PCI must have Calculation Phase as 'Phase 1' and PC2 must have calculation phase as 'Phase2'.
Answer: A
NEW QUESTION 56
Which two methods are valid when assigning a pay group to a participant?
- A. Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
- B. Assign the pay group to the credit category and allow the participant to inherit the pay group.
- C. Assign the pay group directly to the participant.
- D. If there is only one pay group, all participants are automatically assigned to the pay group.
- E. Assign the role to the pay group and allow the participant to inherit the pay group.
Answer: A,E
NEW QUESTION 57
A profile option is set at Site and User levels. Which one takes precedence?
- A. Product
- B. user
- C. Site
- D. Global
Answer: B
Explanation:
Explanation
The value you specify for this profile option at the user level takes precedence over the value that is set for this profile option by the system administrator at the site, application, responsibility, or user level.
https://docs.oracle.com/cd/E18727_01/doc.121/e13510/T447343T355483.htm
NEW QUESTION 58
Your client wants to encourage continuous growth from quarter, to quarter to 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?
- A. YTD (Year-to date) Target Incentive
- B. Rolling Average Attainment
- C. Previous Interval Attainment
- D. Date Difference
Answer: D
NEW QUESTION 59
View the following credit rule hierarchy:
Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas Sales Manager 1 gets a direct credit for a separate 10,000 USD transaction. What is the expected result after the Credit Roll up process runs with Rollup option turned on for the credit rule hierarchy?
- A. The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.
- B. The Director receives nothing. Sales Manager 1 and Salesperson 1 receive 10,000 USD and 20,000 USD, respectively.
- C. The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively
- D. The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.
Answer: A
NEW QUESTION 60
Which two statements are true regarding the Complete Calculation process?
- A. can be time-consuming on very large volume transactions
- B. meant for minor changes that affect few participants
- C. limited to only a particular sales hierarchy
- D. recalculates all transactions for a given period
Answer: A,D
NEW QUESTION 61
You want to create compensation plans for a new business unit and found that the plans are similar to the existing compensation plans. How can you achieve this?
- A. 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.
- B. You can only manually create them in the new business unit, 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 and performance measures manually.
- D. You can use db tools to copy the compensation plans from one business unit to another.
Answer: C
NEW QUESTION 62
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