Online Access Free 1Z1-1062 Exam Questions

Which two statements are true when you create an expression?

• A.An expression like Credit.Credit Amount* SUM(Credit.Quantity) will be valid because the application allows you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
• B.You can use the metrics of a performance measure but not of a plan component in your expression.
• C.You can use the metrics of a plan component but not of a performance measure in your expression.
• D.An expression like Credit.Credit__Amount*SUM(Credit.Quantity) will be invalid because the application does not allow you to mix aggregate functions with nonaggregated transactional attributes in the same expression.
• E.You can use the metrics of both plan components and performance measures in your expression.

An expression is to be set up so that if the transaction amount is greater than 1000, the expression should return the string'MORE'; ifthetransaction amount is less than 1000, it should returnthestring 'LESS'; and if the transaction amount is equal to 1000, It should return thestring'EQUAL'.
Which three options can be used to set this expression up to accurately give the desired output?

• A.Option E
• B.Option A
• C.Option B
• D.Option C
• E.Option D

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 Processing Currency as USD.
• B.Select Processing Currency as USD only. Operating Currency is not mandatory.
• C.Select Operating Currency as USD and select Processing Currency as Participant's Home Currency.
• D.Select Operating Currency as USD and select Processing Currency as Operating Currency.

A payment plan is to be configured to pay a minimum (draw) flat amount of 8,000 per period, which is nonrecoverable. Payment adjustments must be applied only to commission type earnings, and bonus earnings should not be adjusted by the payment plan.
How should you configure the payment plan?

• A.Associate the "Commission" payment group category to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select "Yes" for the Carry Forward Maximum drop down, and select 'No' for the Minimum Recovery option.
• B.Associate the 'Commission' payment group category to "Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 In the Flat Minimum Amount to Pay Participant field, enter 8,000 in the Maximum Payment field, select 'Yes' for the Carry forward Maximum drop down, select 'Yes'for the Minimum Recovery option, and
  'Immediate' for the Recovery Start option.
• C.Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select 'No' for the Minimum Recovery option.
• D.Associate the 'Commission' Incentive Type (payment group category) to 'Commission' type plan components. In the Payment Plan, select 'Commission' from the Payment Group Category drop down, enter 8,000 in the Flat Minimum Amount to Pay Participant field, and select the 'Yes' for the Minimum Recovery option and 'Immediate' for the Recovery Start option.

The Implementation team is trying to determine how many business units (BUs) are needed.Whichconsideration requires the creation of multiple BUs?

• A.different General Ledger account structures
• B.Operating currency is different to the currency in which calculations are performed.
• C.different currencies for payment of participants
• D.The HCM application has four separate BUs, so we must adopt them fc* Incentive Compensation.
• E.The running of processes, the management of participant assignments, and the administrative access to data must be separated by principal lines of business.