Oracle New 2022 1z0-1062-21 Test Tutorial (Updated 76 Questions) [Q12-Q26]

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Oracle New 2022 1z0-1062-21 Test Tutorial (Updated 76 Questions)

1z0-1062-21 Exam Questions Dumps, Selling Oracle Products

NO.12 Youmust migrate dataforaround 500 participants alongwith attributes, historical Participant Goals, historical transactions. Compensation Plans,classificationrules,andcredit categories in a new Incentive Compensation implementation.Theclientis readyto providedata in afile format that is provided byyou.
Which three templates can you use out of box for data migration?

Incentive Compensation Participant Detail Import

Incentive Compensation Participant Goal Import

Incentive Compensation Transaction Import

Incentive Compensation Participant Import

Incentive Compensation Compensation Plan Import

Incentive Compensation Classification Rule Import

Incentive Compensation Credit Category Import

NO.13 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.

Assign the participant to a new role and resource group.

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

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

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.

NO.14 You have been asked to create a report by using internal and external data sources. Identify Oracle’s recommended approach for building a custom report.

BI Analytics

BI Answers

BI Publisher

OTBI Reports

NO.15 A performance measure is set up to determine the commission rate by using total sales attainment percentage tota quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should youset up this performance measure?

Set Process Transaction= Individually and Interval – Quarter, select Running Total, select Accumulate for input expression ‘credit transaction amount’, and enter targets in the plan component associated with theperformance measure.

Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression ‘transaction amount’, and enter targets directly in the performance measure.

Set Process Transaction =Grouped by Interval and Interval – Quarter, have the input expression ‘sum (Credit.transactlonamount/Measure.Target)’ and enter targets in the plan component associated with the performance measure.

Set Process Transaction = Grouped by Interval and Interval = Quarter, have the input expression ‘sum (Oedit.transactionamount/Measure.Target)’ and enter targets directly in the performance measure.

NO.16 Which three participant related data can be used in calculation expressions without usinguserdefined functions?

Standard Participant Fields such as currency code or cost center

Resource Descriptive Flexfields

Participant Details Descriptive Flexfields

Participant Header Descriptive Flexfields

Employee Descriptive Flexfields

NO.17 A company has itsclassificationrules, which are at the samelevel in the hierarchy, set up as:

Whichoption showsthecredit category or categoriesthatwill be assigned to this transaction during the Classification process?

COMPUTERS

LAPTOP

TOSHIBA

INTEL

NO.18 Which asset typo must you select for searching web service in Oracle Enterprise Repository?

Composite Service

Composite

ADF Service

ADF service Data Object

NO.19 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 combiningreports 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.

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

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

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

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

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

NO.20 Which option will never have access to the full Business Unit?

the Sales Manager and the Participant

the Compensation Analyst

the Compensation Manager

the Compensation Analyst and the Participant

the Participant

NO.21 Which three statements are true regarding Classification?

Classification splits the credits among the participant credit receivers.

Classification rules are used to classify transactions into meaningful credit categories.

Rule criteria involve one or more transaction attributes.

Qualifiers are ANDed and qualifier attribute values are ORed.

Classification process must be run before the Crediting process.

NO.22 Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.

COMPENSATION PLAN ADMINISTRATOR

APPLICATION IMPLEMENTATION CONSUI TANT

INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR

INCENTIVE COMPENSATION INTEGRATION SPECIAUSI

BI_ADMINISTRATOR

NO.23 A performance measure is to be set up to determine the commission rate using total sales attainmentpercentage for a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How would you set up this performance measure?

Set Process Transaction = Grouped By Interval and Interval = Quarter, have theinput expression
‘sum(Credit.transaction amount/Measure.Target)’, and enter targets in the plan component associated with the performance measure.

Set Process Transaction = Individually and Interval = Quarter, select Running Total, select Accumulate for input expression ‘credit.transaction amount’, and enter targets in the plan component associated with the performance measure.

Set Process Transaction = Individually and Interval=Quarter, select Running Total, select Accumulate for input expressions ‘transaction amount’, and enter targets directly in the performance measure

Set Process Transaction – Grouped By Interval and Interval = Quartet, have the input expression
‘sum(Credit.transaction amount/Measure.Target)’, and enter targets directly inthe performance measure.

NO.24 You are planning to move your configurations from the staging environment to the production environment.
Which task must you not include?

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

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

Clone custom objects in Application Composer

Export Compensation Plans to XML

NO.25 An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date fortwo periods with a different end date.
Which Statement represents the error for this scenario?

Please select the period type for each newly-added period row.

The start date cannot be later than the end date for a period.

The date range should not overlap with any other period.

The period is overlapping with system defined quarterly period.

NO.26 Which method enables an Incentive Compensation application administrate, to bypass payment approval?

Set Grade Fusion Incentive Compensation: Enforce Payment Approval to ‘No’ in the Manage Profile Options task.

Set up an empty payment administration hierarchy.

Set Paysheet Approval Status to ‘Approved-in the Manage Parameters task.

Payment approval cannot be bypassed.

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