Try Updated Oracle 1Z0-971 Exam Questions – [April-2018 Dumps]

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1Z0-971 exam questions, 1Z0-971 PDF dumps; 1Z0-971 exam dumps:: https://www.dumpsschool.com/1Z0-971-exam-dumps.html (75 Q&A) (New Questions Are 100% Available! Also Free Practice Test Software!)

Latest and Most Accurate Oracle 1Z0-971 Dumps Exam Questions and Answers:

Version: 8.0
Question: 21

You want to create compensation plans for a new business unit and found that the plans are similar to the existing compensation plans. How can you achieve this?

A. You can use db tools to copy the compensation plans from one business unit to another.
B. You can only manually create them in the new business unit, as you cannot Import plans exported from another business unit.
C. You can export the compensation plans from current business unit. Log in to the new business unit and import them into the new business unit, but you must create plan components and performance measures manually.
D. You can export the compensation plans from current business unit. Log In to the new business unit and import them into the new business unit, which imports the complete compensation plans with the associated plan components.

Answer: C

Question: 22

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

Answer: C

Question: 23

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’ 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.
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 the ‘Yes’ for the Minimum Recovery option and ‘Immediate’ for the Recovery Start option.
D. 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.

Answer: B

Question: 24

In a rollup hierarchy, three salespeople report to a manager and the manager reports to a director. The manager is also entitled to receive direct credit from one of the direct credit rules.
How should the rollup (Indirect) credit be allocated to the manager and the director in this scenario?

A. The manager receives only direct credit (no rollup credit) and the director receives rollup credit only for the manager’s direct credit.
B. The manager receives only direct credit (no rollup credit) and the director receives rollup credit for all salespeople under the manager, as
well as for the manager’s direct credits.
C. The manager receives rollup credit for all direct reports and the director receives rollup credit for all salespeople under the manager, as well
as for the manager’s direct credits.
D. The manager receives rollup credit for direct reports and the director receives rollup credit only for the manager’s direct credits.
E. There will be no rollup credits for the manager and the director because a manager cannot be configured to receive both rollup and direct credits.

Answer: C

Question: 25

Which format must the date column value have In File Based Data Import?

A. YYYY/MM/DD
B. DD/MM/YYYY
C. MM/DD/YYYY
D. Date format is configurable

Answer: D

Question: 26

Of what type of role is Incentive Compensation Analyst an example?

A. Job
B. Abstract
C. Duty
D. Work Area

Answer: A

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