Exit demo 1Z0-1015 Oracle Incentive Compensation Cloud 2018 Implementation Essentials PDF format · free preview

Oracle 1Z0-1015 - Questions & Answers

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Question 1
Multiple choice

Dining the Rollup process, the Incentive Compensation application determines all participants who must receive indirect credit for the transaction.

Identify the two options this is based on.

A.

all the participants associated with that customer

B.

all the participants in the compensation group

C.

all the participants in the organization

D.

Rollup date

E.

Rollup hierarchy effective for that date

Question 2
Single choice

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.Output

B.

Measure result.PM1.PTD Output Achieved

C.

SUM ( Credit.Credit Amount )

D.

Credit.Credit Amount

Question 3
Multiple choice

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 A

B.

Option B

C.

Option C

D.

Option D

E.

Option E

Question 4
Single choice

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.

Clone custom objects in Application Composer

D.

Export Compensation Plans to XML

Question 5
Multiple choice

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.

Credit Categories

B.

Pay Groups

C.

BU Parameter

D.

Analyst

E.

Payment Plans

F.

Classification Rules

G.

Credit Rules

H.

Compensation Plan

I.

Participant

Question 6
Single choice

The incentive compensation application set the payment batch status to 'Paid' for a particular period and the payments have to be adjusted for a

Which is the correct way to do this?

A.

Payment batches can be edited and reprocessed.

B.

No adjustment can be done for that period.

C.

Pay sheets can be adjusted accordingly.

D.

Reprocess earnings and payments; delta earnings and adjustments are included in the new payment
batch.

Question 7
Single choice

Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

A.

CM_TP_TRANSACTIOM_DFP

B.

FIC_TRANSACTION_DFF

C.

CN_TP_BASETRAHS_DFF

D.

XC BASE_TRANS_DFF

Question 8
Single choice

An administrator is defining periods in the Incentive Compensation application quarterly calendar. She is defining the same start date for two periods with a different end date.

Which Statement represents the error for this scenario?

A.

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

B.

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

C.

The date range should not overlap with any other period.

D.

The period is overlapping with system defined quarterly period.

Question 9
Single choice

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.

Create a new HR employee record for this 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.

Question 10
Single choice

You want to enable Plan Component ID, Period ID, and Participant ID for use as parameters in a User- Defined Function.

Which table should these be drawn from?

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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