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1Z0-971 - Oracle Incentive Compensation Cloud 2017 Implementation Essentials - Dump Information

Vendor	:	Oracle
Exam Code	:	1Z0-971
Exam Name	:	Oracle Incentive Compensation Cloud 2017 Implementation Essentials
Questions and Answers	:	75 Q & A
Updated On	:	January 1, 2018
PDF Download Mirror	:	1Z0-971 Brain Dump
Get Full Version	:	Pass4sure 1Z0-971 Full Version

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1Z0-971 Questions and Answers

1Z0-971 Oracle Oracle Incentive Compensation Cloud 2017 Implementation Essentials http://killexams.com/pass4sure/exam-detail/1Z0-971 Q UESTION: 68 You help the Oracle Incentive Compensation administrator select the coned currency options for a business unit where all the transactions are performed in USD. Although some of the workforce is based in the UK and Canada, the company pays the workforce in USD. How do you set up currencies? A . Select Operating Currency as USD and select Processing Currency as Operating Currency. B. Select Operating Currency as USD and select Processing Currency as Participant's Home Currency. C. Select Operating Currency as USD and Processing Currency as USD. D. Select Processing Currency as USD only. Operating Currency is not mandatory. A nswer: D Q UESTION: 69 The status of the ESS (Enterprise Scheduler Service) request is 'Succeeded.' But the transaction is not credited, and the status of the transaction is not 'Credited.' Which statement is the most complete and gives a correct list of settings and actions that are needed for a transaction to generate valid credits? A. Answer B plus-You must run Deploy Credit Rules for the correct date range. B. Answer B plus-You must assign the correct credit category to the performance measure. C. Answer B plus-You must set 'Enable Rollup' to 'Yes1 and select 'Rollup in Credit Hierarchy. D. Answer A plus—If the 'Enable Classification' parameter is set to 'Yes' and 'Classify Transactions' Is set to 'After collection and before crediting/ then ensure classifying the transactions before running crediting. E. The 'Enable Direct Crediting' parameter is set to "Yes* and the credit rules have valid attributes. Attribute values and a credit receiver are assigned. Answer: E QUESTION: 70 Which statement is true for the participant home currency? A. A participant's home currency must be the same as the operating currency. B. A participant can be compensated for an invoice booked only in the participant's home currency. C. A participant's home currency must be the same for all participants in the organization. D. A participant can be compensated for an invoice booked in a currency different from the participant's home currency. Answer: B QUESTION: 71 An administrator is defining periods in the Incentive Compensation application quarterly cale ndar. 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. Answer: B QUESTION: 72 A classification rules hierarchy is set up as: The performance measure 'Storage attainment' is associated with category STORAGE, while the performance measure Hard Drive attainment is associated with the credit category HARD DRIVE. If the transaction is: What will the application do when the Classification and Calculation processes are run? A. associate the credit category HARD DRIVE with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating both performance measures ('Storage attainment' and 'Hard Drive attainment') B. associate both credit categories (STORAGE and HARD DRIVE) with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance mea sure 'Hard Drive attainment' C. associate the credit category HARD DRIVL with the transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Hard Drive attainment* D. associate the credit category STORAGE with the transaction during the Classification process and later, during the Calculation process. Include the transaction when calculating only the performance measure 'Storage attainment' E. associate both credit categories (STORAGE and HARD DRIVE) with Km- transaction during the Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment' Answer: C QUESTION: 73 The Implementation team is trying to determine how many business units (BUs) are needed. Which consideration requires the creation of multiple BUs? A. The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation. B. The running of processes, the management of participant assignments, and the administrative access to data must be separated by principal lines of business. C. different General Ledger account structures D. different currencies for payment of participants E. Operating currency is different to the currency in which calculations are performed. Answer: A QUESTION: 74 Which method enables an Incentive Compensation application administrate, to bypass payment approval? A. Set Grade Fusion Incentive Compensation: Enforce Payment Approval to 'No' in the Manage Profile Options task. B. Set up an empty payment administration hierarchy. C. Set Paysheet Approval Status to 'Approved- in the Manage Parameters task. D. Payment approval cannot be bypassed. Answer: C QUESTION: 75 By using which method can a new participant be created In the Incentive Compensation application? A. manually in the UI B. using the Create Participant Web Service C. using the Import Participant process D. using the Create Participant task in Setup and Maintenance Answer: D For More exams visit http://killexams.com Kill your exam at First Attempt....Guaranteed!

Oracle 1Z0-971 Exam (Oracle Incentive Compensation Cloud 2017 Implementation Essentials) Detailed Information

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