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SAP C_THR70_2404 SAP Certified Associate - SAP SuccessFactors Incentive Management Exam Practice Test

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SAP Certified Associate - SAP SuccessFactors Incentive Management Questions and Answers

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Question 1

Which of the following are best practices regarding effective dates versioning? Note: There are 2 correct answers to this question.

Options:

A.

When retiring a position end date it by populating the effective end date with the last day of the position.

B.

Never end date a compensation rule. Instead inactivate it by removing the rule from all compensation plans.

C.

When a participant leaves a position do NOT end date the position. Instead inactivate it by removing the participant from the position.

D.

Plans plan objects should only be versioned on a leaf period boundary.

Question 2

What is the leaf-level unique identifier in a category hierarchy?

Options:

A.

Category

B.

Classifier

C.

Subcategory

D.

Root category

Question 3

For which objects can you create a Variable? Note: There are 3 correct answers to this question.

Options:

A.

Classifier

B.

Formula

C.

Rate Table

D.

Lookup Table

E.

Territory

Question 4

What is the purpose of Excel Data Loader feature?

Options:

A.

Load Lookup and Rate Table values.

B.

Load a small number of new records.

C.

Load Plan Objects.

D.

Transform existing data.

Question 5

Which of the following is an accurate statement regarding the pipeline?

Options:

A.

It is the processing engine that performs calculations.

B.

A schedule of recurring pipeline runs can be configured in the user interface.

C.

It can generate payments, but NOT balances.

D.

It requires a separate process to populate dashboards.

Question 6

What must you do before you can run a Pay pipeline independently?

Options:

A.

Only the Reward stage needs to be completed.

B.

Successfully complete the Classify, Allocate, and Reward stages.

C.

Successfully complete a Compensate and Pay pipeline.

D.

Only the Allocate stage needs to be completed.

Question 7

Each sales representative receives 5% on each individual sale up to $10000. Individua sales over $10000 and up to $15000 are paid at 10%. Any individual sales over $15000 receive 15% commission. Which type of rule should you use to create this compensation structure?

Options:

A.

Bonus incentive rule

B.

Secondary measurement rule

C.

Per credit incentive rule

D.

Indirect credit rule

Question 8

Which of the following are best practices when working with Variables? Note: There are 2 correct answers to this question.

Options:

A.

Always use a Variable in a rule instead of a compensation element.

B.

Avoid using Variables because they increase processing time.

C.

Always leave the Variable default assignment field empty.

D.

Set a default assignment for all Variables.

Question 9

For which account can you set up and manage specific default preferences?

Options:

A.

Any user for which you are a proxy

B.

Any user account in the system

C.

The administrator account only

D.

Your user account only

Question 10

What are some of the benefits of using Fixed Values? Note: There are 3 correct answers to this question.

Options:

A.

They can be referenced in Formulas and Rate Tables.

B.

They allow you to configure step commission calculations.

C.

They allow you to manage Territories for Positions.

D.

They can be effective dated.

E.

They allow you to preset values for different periods.

Question 11

Which of the following are characteristics of Business Units? Note: There are 2 correct answers to this question.

Options:

A.

Business Units control access to Organization Data.

B.

You can assign multiple Business Units to a Processing Unit.

C.

You can share reference data across Business Units.

D.

Calculation runs are completed separately for each Business Unit.

Question 12

Which of the following are period-based and must be associated with a calendar? Note: There are 2 correct answers to this question.

Options:

A.

Results Data

B.

Payments and Balances

C.

User Roles

D.

Event Types

Question 13

Which of the following are characteristics of a Rate Table? Note: There are 2 correct answers to this question.

Options:

A.

Rate Table CANNOT be built with Fixed Values or Formulas.

B.

A Rate Table can be used to calculate per-credit or aggregate commissions.

C.

The same Rate Table can be used to calculate both step and straight commissions.

D.

The same Rate Table CANNOT be used in multiple rules.

Question 14

Each sales transaction contains the name of the position to be compensated for a sale. Which type of rule would you create to allocate the transaction?

Options:

A.

A direct credit rule using pre-assigned transactions.

B.

An indirect credit rule that references a Territory.

C.

An indirect credit rule using pre-assigned transactions.

D.

A direct credit rule that references a Territory.

Question 15

What does the system do when Payment Threshold is enabled?

Options:

A.

The system will NOT generate payments less than or equal to the payment threshold.

B.

The system will NOT track negative payments as balances once the period is finalized.

C.

The system will NOT generate payments for held deposits until they are released.

D.

The system will NOT generate payments greater than or equal to the payment u threshold.

Question 16

Your organization runs Compensate and Pay daily. You would like to update the data in your payee dashboards every Sunday night. What would be the best way to do this?

Options:

A.

Enable Use Approved Calculated Data Only.Schedule Compensate and Pay to run daily.Schedule Purge Approved Data to run Sunday night.

B.

Enable Released Periods.Schedule Compensate and Pay to run daily.Schedule Approve Calculated Data to run Sunday night.

C.

Enable Released Periods.Schedule Compensate and Pay to run weekly. Schedule Purge Approved Data to run Sunday night.

D.

Enable Use Approved Calculated Data Only.Schedule Compensate and Pay to run daily.Schedule Approve Calculated Data to run Sunday night.

Question 17

You notice that a balance from last month's calculations does NOT show in the current month. How can you prevent this from happening?

Options:

A.

Disable Allow Negative Payments under System Preferences.

B.

Enable Allow Negative Payments under Global Settings.

C.

Disable Allow Negative Payments under User Preferences.

D.

Enable Allow Negative Payments in Calculate and Pay.

Question 18

Which of the following objects can be used to define a Territory? Note: There are 2 correct answers to this question.

Options:

A.

Categories

B.

Credit Types

C.

Classifiers

D.

Advanced queries

Question 19

What does a basic deposit rule determine? Note: There are 2 correct answers to this question.

Options:

A.

The amount of incentive earnings to deposit

B.

The aggregation of credits from transactions

C.

The period to make the deposit

D.

The account to deposit into

Question 20

What is the purpose of a primary measurement rule?

Options:

A.

To determine the deposit amount

B.

To calculate monthly attainment

C.

To aggregate a position assignment's credits

D.

To allocate classified transaction data

Question 21

Which of the following are characteristics of Processing Units? Note: There are 3 correct answers to this question.

Options:

A.

You can delete Processing Units after a Pipeline has been run.

B.

You can use Processing Units to process subsets of data.

C.

You can create as many Processing Units as needed.

D.

Calculation runs are completed separately for each Processing Unit.

E.

You can assign only one Business Unit to each Processing Unit.

Question 22

One of your employees is moving from their position as a sales representative to an account executive on March 1. Their prior position will be filled by a new hire at a later date. How can you manage this change?

Options:

A.

Leave the employee assigned as the Participant for the Sales Representative position. Create a new effective version of the Account Executive position. Add the employee's name to the Participant field on the Account Executive position.Change the credit start date on the Account Executive Position to March 1.

B.

Create a new effective version of the Sales Representative position with a start date of March 1.Remove the employee's name from the Participant field of the Sales Representative position. Create a new effective version of the Account Executive position with a start date of March l.Add the employee to the participant field in the new version.

C, Create a new effective version of the sales representative position with a start date of

C.

Remove the employee's name from the Participant field on the Sales Representative

position.Change the credit end date on the Sales Representative position to February 28. Add the employee's name to the Participant field on the Account Executive position.

Question 23

Which compensation plan rule uses the output of the measurement rule and objects such as Fixed Values or Lookup Tables to generate a commission output?

Options:

A.

Per-credit incentive rule

B.

Primary measurement rule

C.

Basic incentive rule

D.

Basic deposit rule

Question 24

Your company requires new sales representatives to reach 60 days of employment before receiving any bonus payment. How would you configure this in the compensation plan?

Options:

A.

Add a conditional hold to a credit rule.

B.

Add a conditional hold to a deposit rule.

C.

Add a condition to a deposit rule.

D.

Add a condition to an incentive rule.

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