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  5. Oracle Incentive Compensation Cloud 2021Implementation Essentials Questions and Answers
Note! The 1z0-1062-21 Exam is no longer available.

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

Questions 4

Which twocurrenciesmustyoudefinewhen creatingcompensation business units?

Options:

A.

Operating

B.

Participant Home

C.

Functional

D.

Processing

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Questions 5

Which are the three broad categories, based on which cross subject area reporting can be built?

Options:

A.

using common dimensions

B.

using common and local dimensions

C.

combining logical SQL using the Advanced tab

D.

combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference

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Questions 6

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 7

View the following credit rule hierarchy:

1z0-1062-21 Question 7

Salesperson 1 gets a direct credit for a 20,000 USD transaction whereas SalesManager1 gets a directcredit 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?

Options:

A.

The Director, Sales Manager 1, and Salesperson 1 receive 10,000 USD, 30,000 USD, and 20,000 USD, respectively

B.

The Director, Sales Manager 1, and Salesperson 1 receive 30,000 USD, 30,000 USD. and 20,000 USD, respectively.

C.

The Director receives nothing. Sales Manager 1 and Salesperson 1receive 10,000 USD and 20,000 USD, respectively.

D.

The Director, Sales Manage, 1, and Salesperson 1 receive 10,000 USD, 10,000 USD, and 20,000 USD, respectively.

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Questions 8

You want to enable Plan Component ID, Period ID, and Participant IDforuse as parameters in a User-Defined Function. Which table should these be drawn from?

Options:

A.

CN_SRP_PIAN_C0HPONENTS_ALL

B.

CN_SRP_SUBLEDGER_ALL

C.

CN_TP_TRANSACTIONS_ALL

D.

CN_SRP_PER_FORM_METRICS_ALL

E.

CN_SRP_PARTICIPANTS_ALL

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Questions 9

You are planning to move your configurations from the staging environment to the production environment.

Which task must you not include?

Options:

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.

Clone custom objects in Application Composer

D.

Export Compensation Plans to XML

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Questions 10

A participant is transferred to another business unit.

Identify the configuration changes required to calculate and pay compensation to the participant in the new business unit.

Options:

A.

Assign the participant to a new role and resource group.

B.

Create a new HR employee record forthis participant as transfer across business unit is not supported by the application.

C.

Assign the participant to the global business unit and global role,

D.

Enter an End Date for the participant record in the current business unit, import participant into the new business unit, and assign

appropriate Comp Plan and Paygroup.

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