Free Access Oracle.1Z0-1062-20.v2022-02-19.q25 Practice Test (Page 4)

Question 11

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 defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.

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

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.

Question 12

A performance measure is set up to determine the commission rate by using total sales attainment percentage tot a quarter, which is measured as total sales by participant for the quarter divided by target for the quarter.
How should you set up this performance measure?

A.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.

B.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.

C.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.

D.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.

Question 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.

A.Assign the participant to a new role and resource group.

B.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.

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

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

Question 14

A company pays commission based on the source of the transaction and the margin on the transaction.
If the source is 'ABC' and margin is between 0 and 10 percent, the rate should be 1.5 percent.
If the source is 'ABC' and margin is 10 percent and above, the rate should be 3 percent.
If the source is 'XYZ' and margin is between 0 and 10 percent, the rata should be 2 percent.
If the source is 'XYZ' and margin is 10 percent and above, the rate should be 4 percent.
Which two procedures can you use to set this up?

A.Option E

B.Option B

C.Option A

D.Option D

E.Option C

Question 15

Which three participant related data can be used in calculation expressions without using user defined functions?

A.Standard Participant Fields such as currency code or cost center

B.Participant Header Descriptive Flexfields

C.Resource Descriptive Flexfields

D.Employee Descriptive Flexfields

E.Participant Details Descriptive Flexfields

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Question 11

Question 12

Question 13

Question 14

Question 15

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