Oracle 1Z0-971 Exam Preparation Questions For Best Result – Updated 2018

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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 must migrate data for around 500 participants along with attributes, historical Participant Goals, historical transactions. Compensation Plans, classification rules, and credit categories in a new Incentive Compensation implementation. The client is ready to provide data in a file format that is provided by you.
Which three templates can you use out of box for data migration?

A. Incentive Compensation Participant Detail Import
B. Incentive Compensation Participant Goal Import
C. Incentive Compensation Transaction Import
D. Incentive Compensation Participant Import
E. Incentive Compensation Compensation Plan Import
F. Incentive Compensation Classification Rule Import
G. Incentive Compensation Credit Category Import

Answer: CDG

Question: 22

Your client wants a research assistant role that has read-only access to all pages accessible to the Compensation Analyst and to assigned participants.
How can this be accomplished?

A. Copy the Analyst Role and delete all privileges in the provisioning template other than Read.
B. Copy the Participant role and add Analyst Duty Roles.
C. Create a new role template.
D. Create a new role and add read privileges.

Answer: D

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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