Oracle Incentive Compensation Cloud 2019 Implementation Essentials (1Z0-1062) Free Practice Test

Question 1

Which three are reports you can customize few Mobile Commissions?

A. Reimbursements: Reimbursements and related details of the sale*, ii.ntic ip.int

B. Credits: Credits and related details of the sales participant

C. Analytics: Details of the recent analysis of the sales participant

D. Disputes: Details of the recent disputes raised by the sales participant

E. Payments: Payment transactions and related details of the sales participant

Correct Answer: B,D,E

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Question 2

You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

A. Export and Import reports by using the archive/unarchive function.

B. Move Calendar, Business Units, List of Values, and Profile Options by using FSM.

C. Export Compensation Plans to XML

D. Clone custom objects in Application Composer

Correct Answer: D

Question 3

Which format must the date column value have In File Based Data Import?

A. Date format is configurable

B. MM/DD/YYYY

C. DD/MM/YYYY

D. YYYY/MM/DD

Correct Answer: A

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Question 4

You want to move configuration from Development Instance to Production Instance. Which three entities can be moved by using out of the box XML download and upload functionality?

A. PayGroups

B. Compensation Plan

C. Credit Categories

D. BU Parameter

E. Credit Rules

F. Classification Rules

G. Payment Plans

H. Participant

I. Analyst

Correct Answer: B,E,H

Question 5

Which two statements are true for individualized compensation plan values?

A. A participant can personalize the compensation plan view if the Individualize option is selected.

B. Individualized compensation plan values summarize transactions during the Calculation phase.

C. Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.

D. Individualized rate values for a participant take precedence over original compensation plan rate values.

E. A participant's manager can personalize the compensation plan view if the Individualize option is selected.

Correct Answer: B,D

Question 6

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. Distribute By

C. Performance Interval

D. Unit of Measure

Correct Answer: D

Question 7

When should you set 'Calculate Incentive = Per Event'while building a plan component?

A. when the incentive is to be calculated based on many transactions grouped over an Interval

B. when the incentive is to be calculated pet any kind of event, as long as the user defines the event first

C. when the incentive Is to be calculated on a per transaction basis

D. when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations

Correct Answer: B

Question 8

Which two methods are valid when assigning a pay group to a participant?

A. Assign the pay group directly to the participant.

B. If there is only one pay group, all participants are automatically assigned to the pay group.

C. Assign the pay group to the compensation plan and allow the participant to inherit the pay group.

D. Assign the role to the pay group and allow the participant to inherit the pay group.

E. Assign the pay group to the credit category and allow the participant to inherit the pay group.

Correct Answer: C,D

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Oracle Incentive Compensation Cloud 2019 Implementation Essentials (1Z0-1062) Free Practice Test