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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

Which three statements are true regarding Classification?

A. Classification splits the credits among the participant credit receivers.
B. Classification rules are used to classify transactions into meaningful credit categories.
C. Rule criteria involve one or more transaction attributes.
D. Qualifiers are ANDed and qualifier attribute values are ORed.
E. Classification process must be run before the Crediting process.

Answer: CDE

Question: 22

Which two statements are true for individualized compensation plan values?

A. Individualized compensation plan values summarize transactions during the Calculation phase.
B. Individualized rate values for a participant take precedence over original compensation plan rate values.
C. Individualized compensation plan values can reduce the number of plans that you actually have to create and manage.
D. A participant’s manager can personalize the compensation plan view if the Individualize option is selected.
E. A participant can personalize the compensation plan view if the Individualize option is selected.

Answer: AB

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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