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1Z1-1062 PDF DEMO:

QUESTION NO: 1
Which two statements are true for individualized compensation plan values?
A. Individualized rate values for a participant take precedence over original compensation plan rate values.
B. Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
C. A participant can personalize the compensation plan view if the Individualize option is selected.
D. A participant's manager can personalize the compensation plan view if the Individualize option is selected.
E. Individualized compensation plan values summarize transactions during the Calculation phase.
Answer: A,E

QUESTION NO: 2
An Incentive Compensation administrator wants to import the participant information from
Oracle Human Resources Cloud for the employees having Job as 'Operation Support'.
Which task can the Incentive Compensation administrator perform?
A. The administrator can assign quotas to participants based on integration with Oracle Human
Resources Cloud Compensation Workbench.
B. The administrator can use the Human Resources Cloud Job field to filter which participants to include in the Import.
C. The administrator can assign compensation plans to participants based on the Oracle Human
Resources Cloud Job to Plan mapping.
D. The administrator can assign roles to participants based on the Oracle Human Resources Cloud
Job to Role mapping.
Answer: C

QUESTION NO: 3
When should you set 'Calculate Incentive = Per Event'while building a plan component?
A. when the incentive is to be calculated upon the event of the user running calculations manually as opposed to the event of automatically scheduled calculations
B. when the incentive Is to be calculated on a per transaction basis
C. when the incentive is to be calculated pet any kind of event, as long as the user defines the event first
D. when the incentive is to be calculated based on many transactions grouped over an Interval
Answer: C

QUESTION NO: 4
A classification ruleshierarchyis set up as:
The performance measure 'Storage attainment' is associated withcategory 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 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'
C. 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 measure 'Hard Drive attainment'
D. 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*
E. associate both credit categories (STORAGE and HARD DRIVE) withKm-transaction during the
Classification process and later, during the Calculation process, include the transaction when calculating only the performance measure 'Storage attainment'
Answer: D

QUESTION NO: 5
Which two methods are valid when assigning a pay group to a participant?
A. Assign the role to the pay group and allow the participant to inherit the pay group.
B. If there is only one pay group, all participants are automatically assigned to the pay group.
C. Assign the pay group to the credit category and allow the participant to inherit the pay group.
D. Assign the pay group to the compensation plan and allow the participant to inherit the pay group.
E. Assign the pay group directly to the participant.
Answer: A,D

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Updated: May 28, 2022