Oracle Incentive Compensation Cloud 2018 Implementation Essentials (1Z0-1015) Free Practice Test

Question 1

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. after the next patch is applied to Production

C. after the next patch is applied to Test

D. once Production and Test are aligned on the same patch

Correct Answer: A

Question 2

Which two statements are true about disputes?

A. Participants can view the disputes they have created in their worklist

B. Compensation Managers can reassign disputes to different analysts.

C. 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.

D. Disputes are assigned to the analyst who is associated with the participant creating the dispute.

Correct Answer: D

Question 3

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

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

C. 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.

D. 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.

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

Correct Answer: C

Question 4

The status of the ESS (Enterprise Scheduler Service) request is 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits?

A. The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes.
Attribute values and a credit receiver are assigned.

B. Answer B plus-You must set 'Enable Rollup' to 'Yes1 and select 'Rollup in Credit Hierarchy.

C. Answer A plus-If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting.

D. Answer B plus-You must assign the correct credit category to the performance measure.

E. Answer B plus-You must run Deploy Credit Rules for the correct date range.

Correct Answer: A

Question 5

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. using common and local dimensions

D. combining logical SQL using the Advanced tab

Correct Answer: A,B,C

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Question 6

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 does not allow you to Join multiple logical SQL statements by using Inner Join and Outer Join.

B. This technique allows you to Join multiple logical SQL statements by using Equi Joins.

C. This technique allows you to Join multiple logical SQL statements by using Equi Join and Cross Join.

D. This technique allows you to Join multiple logical SQL statements by using Inner Join and Outer Join.

E. This technique allows you to Join multiple logical SQL statements by using Inner Join, Outer Join and Doss Join.

Correct Answer: B

Question 7

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. Measure result.PM1.PTD Output Achieved

B. Credit.Credit Amount

C. Measure result.PM1.Output

D. SUM ( Credit.Credit Amount )

Correct Answer: B

Question 8

Which two statements are true when you create an expression?

A. You can use the metrics of both plan components and performance measures in your expression.

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

C. 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.

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

E. 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.

Correct Answer: B,E

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Oracle Incentive Compensation Cloud 2018 Implementation Essentials (1Z0-1015) Free Practice Test