1z0-971 by Oracle Actual Free Exam Questions And Answers

Question 1

By using which method can a new participant be created In the Incentive Compensation application?

A. using the Create Participant task in Setup and Maintenance

B. using the Import Participant process

C. manually in the UI

D. using the Create Participant Web Service

Discussion 0

Correct Answer: A Vote an answer

Question 2

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.

A. BI Analytics

B. BI Publisher

C. OTBI Reports

D. BI Answers

Discussion 0

Correct Answer: B Vote an answer

Question 3

You have to write a custom function that accesses the performance measure output.
You must pass the following parameters to uniquely identify data and do custom calculations.
plan_cooponent_id
formaula_id
Participant_id
Period id
In which table should you configure the required columns?

A. CN SRP_PER_FORM_METRICS_ALL

B. CW_TP_EARNINGS_ALL

C. CM SRP PARTICIPANTS ALL

D. CN TP KEASURE_RESULTS_ALL

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 4

You want to create compensation plans for a new business unit and found that the plans are similar to the existing compensation plans. How can you achieve this?

A. You can only manually create them in the new business unit, as you cannot Import plans exported from another business unit.

B. You can use db tools to copy the compensation plans from one business unit to another.

C. You can export the compensation plans from current business unit. Log in to the new business unit and import them into the new business unit, but you must create plan components and performance measures manually.

D. You can export the compensation plans from current business unit. Log In to the new business unit and import them into the new business unit, which imports the complete compensation plans with the associated plan components.

Discussion 0

Correct Answer: C Vote an answer

Question 5

Which statement is true regarding role inheritance?

A. Job and abstract roles are inherited by duty roles.

B. Duty roles are inherited by job roles.

C. Abstract roles are inherited by Job roles

D. Roles are not inherited; they are assigned at their lowest level.

Discussion 0

Correct Answer: A Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 6

A company has its classification rules, which are at the same level in the hierarchy, set up as:

Which option shows the credit category or categories that will be assigned to this transaction during the Classification process?

A. INTEL

B. LAPTOP

C. COMPUTERS

D. TOSHIBA

Discussion 0

Correct Answer: D Vote an answer

Question 7

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. Rollup hierarchy effective for that date

C. Rollup date

D. all the participants in the organization

E. all the participants in the compensation group

Discussion 0

Correct Answer: B,C Vote an answer

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

Question 8

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. Resource Descriptive Flexfields

C. Participant Details Descriptive Flexfields

D. Participant Header Descriptive Flexfields

E. Employee Descriptive Flexfields

Discussion 0

Correct Answer: C,D,E Vote an answer

Oracle Incentive Compensation Cloud 2017 Implementation Essentials - 1z0-971 Exam Practice Test

Contact Us

Useful Links

Latest Updated