1z1-971 by Oracle Actual Free Exam Questions And Answers

Question 1

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

A. 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.

B. The goal of one performance measure can be used in the formula expression of a different performance measure.

C. A and D

D. The output of five performance measures can be combined in the formula expression of a plan component.

E. Input of performance measure Interval-to-date can be used in the formula expression of a plan component.

F. A, B, and C

Discussion 0

Correct Answer: F Vote an answer

Question 2

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 3

In transaction Processing, you are required to use the transaction credit category In your credit rules. In which order must you process transactions to fulfill this requirement?

A. Collection -> Classification -> Roll Up -> Crediting -> Calculation > Payment

B. Collection -> Crediting -> Roll Up -> Classification -> Calculation ->Payment

C. Collection -> Classification -> Crediting -> Calculation ->Roll Up -> Payment

D. Collection -> Classification -> Crediting > Roll Up -> Calculation ->Payment

E. Collection -> Crediting > Classification -> Roll Up -> Calculation -> Payment

Discussion 0

Correct Answer: A Vote an answer

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Question 4

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

Question 5

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. Credit.Credit Amount

B. Measure result.PM1.PTD Output Achieved

C. Measure result.PM1.Output

D. SUM ( Credit.Credit Amount )

Discussion 0

Correct Answer: A Vote an answer

Question 6

Identify the roles that are critical for implementation users to enable them to perform setup tasks In Fusion Setup Manager.

A. APPLICATION IMPLEMENTATION CONSUI TANT

B. INCENTIVE COMPENSATION APPLICATION ADMINISTRATOR

C. BI_ADMINISTRATOR

D. INCENTIVE COMPENSATION INTEGRATION SPECIAUSI

Discussion 0

Correct Answer: C Vote an answer

Question 7

Which three are reports you can customize few Mobile Commissions?

A. Disputes: Details of the recent disputes raised by the sales participant

B. Analytics: Details of the recent analysis of the sales participant

C. Payments: Payment transactions and related details of the sales participant

D. Credits: Credits and related details of the sales participant

E. Reimbursements: Reimbursements and related details of the sale*, ii.ntic ip.int

Discussion 0

Correct Answer: A,C,D Vote an answer

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Question 8

A client wants to associate both monthly and quarterly calendars with an incentive compensation business unit.
Which method do you use to set up multiple calendars for incentive compensation business units?

A. Go to the Manage Calendars in the Define Incentive Compensation Shared Configuration task list and associate the business unit with a desired period type.

B. Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select both calendars.

C. Go to the Manage Parameters task in the Define Incentive Compensation Business Unit Configuration task list and select a calendar; only one calendar can be selected.

D. Go to the Manage Calendars task in the Define Incentive Compensation Shared Configuration task list and associate the same business unit with both calendars.

Discussion 0

Correct Answer: D Vote an answer

Oracle Incentive Compensation Cloud 2017 Implementation Essentials - 1z1-971 Exam Practice Test

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