Oracle Incentive Compensation Cloud 2019 Implementation Essentials

Question 1

The estimated Compensation module_________

A. uses Opportunities in Sales Cloud to calculate what earnings would be if they became orders

B. allows sales persons to test what-if scenarios on deals they are working on, taking into account their current achievement levels

C. both B and D

D. updates tables so that sales managers can view reports in OTBI on pipeline and forecasted compensation

E. works in runtime mode and can be invoked via a web service from third-party applications

F. both B and C

Correct Answer: A

Question 2

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

A. combining logical SQL using the Advanced tab

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

C. using common and local dimensions

D. using common dimensions

Correct Answer: B,C,D

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Question 3

A team rollup rule has five credit receivers witheach teammember reporting to a different sales manager in the rollup hierarchy. How will managerial rollup be allocated in this scenario?

A. The managers assigned to the manager rollup hierarchy rule with the lowest rank will receive rollup credit.

B. The managers assigned to the manager rollup hierarchy rule with the highest rank will receive rollup credit.

C. No manager will receive rollup credit because rollup credit works only when all of the team members report to same manager.

D. All team member managers will receive the managerial rollup credit.

E. Only the direct credit receiver's manager will receive the managerial rollup credit.

Correct Answer: A

Question 4

View the following credit rule hierarchy:

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

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

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

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

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

Correct Answer: B

Question 5

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?

A. Incentive Compensation Participant Import

B. Incentive Compensation Transaction Import

C. Incentive Compensation Classification Rule Import

D. Incentive Compensation Participant Goal Import

E. Incentive Compensation Compensation Plan Import

F. Incentive Compensation Credit Category Import

G. Incentive Compensation Participant Detail Import

Correct Answer: A,B,F

Question 6

A company has itsclassificationrules, which are at the samelevel in the hierarchy, set up as:

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

A. TOSHIBA

B. LAPTOP

C. COMPUTERS

D. INTEL

Correct Answer: A

Question 7

A customer wants to credit one of its sales managers to receive direct credit for each sale in a particular state How can you accomplish this?

A. Create a direct credit rule, assign this participant as a credit receiver, and set 'State' as a Qualifier.

B. Create a rollup hierarchy rule and assign the participant as a credit receiver.

C. Create a team credit rule for this state and assign the participant as a credit receive

D. Create a direct credit rule, assign all participants reporting to this participant as credit receivers, and set
'State' as qualifier

Correct Answer: D

Question 8

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. Distribute By

B. Performance Interval

C. Process Transactions

D. Unit of Measure

Correct Answer: D

Oracle Incentive Compensation Cloud 2019 Implementation Essentials - 1Z1-1062 Exam Practice Test

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