Free Oracle 1Z1-1062 Exam Dumps Questions & Answers

Which descriptive flexfield should you use to update Incentive Compensation Transaction details?

• A.XC BASE_TRANS_DFF
• B.FIC_TRANSACTION_DFF
• C.CM_TP_TRANSACTIOM_DFP
• D.CN_TP_BASETRAHS_DFF

An Incentive Compensation administrator has set up the 'Point Rewards' as earning type. However, the Sales team has not received the cash compensation during the payout processing.
Which statement is true to identify the root cause of the error?

• A.The 'Point Rewards' is a non monetary earning type and the Oracle FUSION IC cannot calculate the rash compensation because the earning type is a non-monetary earning type.
• B.The administrator has not associated the participants with the plan components where earning type is
  'Point Rewards'.
• C.The administrator must have defined 'Point Rewards' as a monetary earning type.
• D.The administrator has not defined the conversion factor for the 'Point Rewards' to convert into monetary earnings.
• E.The administrator must select the 'Convert into monetary earning' check box while defining the non-monetary earning type 'Point Rewards'. This allows IC to calculate incentive into cash compensation.

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

Your client is tuning four performance measures with the same output expression 'SUM (Credit.Credit Amount)' and no scorecard. The following transactions were processed through the performance measure.

On examining closely, you found that though performance measure has the same output expression, the output (refer below) for the performance measure is not equal.

Which performance measure attribute is responsible for this variation?

• A.Process Transactions
• B.Unit of Measure
• C.Distribute By
• D.Performance Interval

Your customer is eager to see quickbenefitswith the new cloud softwaretheybought. Which approach can you recommend?

• A.Import data that fits out of the box and enable reporting.
• B.Conduct thorough requirement sessions to determine priorities.
• C.Configure in Production instance from the start of the project.
• D.Start small and add functionality incrementally.