Oracle Incentive Compensation Cloud 2017 Implementation Essentials - 1z1-971 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Which asset typo must you select for searching web service in Oracle Enterprise
Repository?

A. Composite B. ADF service Data Object C. Composite Service D. ADF Service

Discussion 0

Correct Answer: A Vote an answer

Question 2

Which two statements are true for individualized compensation plan values?

A. Individualized rate values for a participant take precedence over original compensation plan rate values. B. A participant can personalize the compensation plan view if the Individualize option is selected. C. Individualized compensation plan values summarize transactions during the Calculation phase. D. A participant's manager can personalize the compensation plan view if the Individualize option is selected. E. Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.

Discussion 0

Correct Answer: A,C Vote an answer

Question 3

Performance Measures can be added to expressions in the expression builder. Which structures are supported?

A. The goal of one performance measure can be used in the formula expression of a different performance measure. B. Output of performance measure on one plan component can be used as Input to rate table on another performance measure on a different plan component. C. Input of performance measure Interval-to-date can be used in the formula expression of a plan component. D. A, B, and C E. The output of five performance measures can be combined in the formula expression of a plan component. F. A and D

Discussion 0

Correct Answer: D Vote an answer

Question 4

A profile option is set at Site and User levels. Which one takes precedence?

A. Global B. user C. Site D. Product

Discussion 0

Correct Answer: B Vote an answer

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Question 5

Which two methods are valid when assigning a pay group to a participant?

A. Assign the pay group to the compensation plan and allow the participant to inherit the pay group. B. Assign the role to the pay group and allow the participant to inherit the pay group. C. If there is only one pay group, all participants are automatically assigned to the pay group. D. Assign the pay group to the credit category and allow the participant to inherit the pay group. E. Assign the pay group directly to the participant.

Discussion 0

Correct Answer: A,B Vote an answer

Question 6

Your client wants to encourage continuous growth from quarter, to quarter to ensure its representatives are pushing themselves and growing the business. As such, your client has created a quarterly SPIF (Sales Promotion Incentive Fund) to reward growth. The client wants to take the current quarter's attainment, and compare it to prior quarters. If growth Is positive, the client will give them an additional $2000. If not, then nothing.
Which expression should you use to meet the requirement?

A. Date Difference B. Rolling Average Attainment C. YTD (Year-to date) Target Incentive D. Previous Interval Attainment

Discussion 0

Correct Answer: A Vote an answer

Question 7

A compensation analyst wants to pay commissions calculated for period 4 that were initially missed. The current date falls into period 8, and the last paid payment batch was in period
7.
Identify two options available for the compensation analyst to pay for period 4 commissions.

A. Create and pay another payment batch for period 6. B. Create and pay another payment batch for period 4. C. Create and pay another payment batch for period 5. D. Create and pay a payment batch for period 8. E. Create and pay another payment batch for period 7.

Discussion 0

Correct Answer: B,D Vote an answer

Question 8

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

A. using common dimensions B. using common and local dimensions C. combining more than one result set from different subject areas by using set operators such as Union, union all, Intersection, Cartesian, and Difference D. combining logical SQL using the Advanced tab

Discussion 0

Correct Answer: A,B,C Vote an answer

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