Enhance Your Career With Available Preparation Guide for C_THR70_2404 Exam [Q26-Q46]

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Enhance Your Career With Available Preparation Guide for C_THR70_2404 Exam

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NEW QUESTION # 26
What are some best practices when creating a participant? Note: There are 3 correct answers to this question.

  • A. With single sign-on, use the position ID used by the company's current systems.
  • B. Use a generic date to represent the end of the participant's employment and use this date in rule instead of the termination date.
  • C. Determine the user name/user ID format before adding participants to the system.
  • D. End dating participants is always recommended.
  • E. Do NOT use the participant's name as a user name/user ID.

Answer: A,B,C


NEW QUESTION # 27
During which stage of the Compensate Pay sequence are secondary measurements calculated?

  • A. Allocate
  • B. Reward
  • C. Pay
  • D. Classify

Answer: B


NEW QUESTION # 28
You would like your payees to use single sign-on to access their sales performance dashboards. What should you keep in mind for this to work?

  • A. The Participant ID on the Participant record should match the user's system login.
  • B. The User Name field on the Participant record should match the user's system login.
  • C. The User Name field on the Participant record should match the Participant ID.
  • D. Create a generic attribute on the Participant record to store the user's system logon.

Answer: B


NEW QUESTION # 29
Which of the following are features of roll relationships? Note: There are 3 correct answers to this question.

  • A. Once created custom roll types CANNOT be deleted.
  • B. A roll relationship is an association of two positions used to process rolled values.
  • C. When you designate a manager on a position record in the Positions workspace a reporting relationship is created by default.
  • D. Roll relationships can be used to roll deposits from one position to another.
  • E. In the Relationships workspace you can create additional roll types relationships.

Answer: B,C,D


NEW QUESTION # 30
Which of the following can you do in a deposit rule? Note: There are 2 correct answers to this question.

  • A. Assign an earning group
  • B. Put a hold on a deposit until a future period
  • C. Aggregate credit amounts over time
  • D. Prorate a payout for a bonus

Answer: A,B


NEW QUESTION # 31
What are some of the benefits of using fixed values? Note: There are 2 correct answers to this question.

  • A. They can reference a formula.
  • B. They allow you to configure step commission calculations.
  • C. They can be referenced in multiple rules.
  • D. They have an associated variable to allow flexibility in rules.

Answer: A,C


NEW QUESTION # 32
Which of the following is a characteristic of a compensation plan?

  • A. It contains the organizational structure in a hierarchy.
  • B. It determines how transactions and orders are paid out to participants.
  • C. It generates compensation results organized by Business Unit.
  • D. It contains the data privacy guidelines for the organization.

Answer: B


NEW QUESTION # 33
You have created a credit rule you would like your sales representatives to see the resulting credits in a dashboard with the name My Sales Credits. How can you do this in the credit rule?

  • A. In the Output section of the credit rule enter My Sales Credits in the Display Name for Reports field.
  • B. In the Credits section of the credit rule enter My Sales Credits in the Output Name field.
  • C. In the Credits section of the credit rule enter My Sales Credits in the Display Name for Reports field.
  • D. In the Output section of the credit rule enter My Sales Credits in the Output Name field.

Answer: D


NEW QUESTION # 34
What objects does the Organization Data include?

  • A. Positions participants titles relationships position groups
  • B. Participants positions titles
  • C. Plans plan wizard rules classifiers models
  • D. Positions participants titles relationships

Answer: D


NEW QUESTION # 35
Under which of the following circumstances would you create a Rate Table instead of a Lookup Table?

  • A. If the resulting unit type must be a percent
  • B. If you need to derive a rate from a formula
  • C. If you are using a Variable
  • D. If you are using step commission

Answer: D


NEW QUESTION # 36
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?

  • A. Basic incentive rule
  • B. Primary measurement rule
  • C. Basic deposit rule
  • D. Per-credit incentive rule

Answer: A


NEW QUESTION # 37
You want to design a plan that credits a transaction to a position based on specific criteria such as postal codes, customer or product criteri a. Which of the following would you use in a credit rule?

  • A. Territories
  • B. Generic attributes
  • C. Formulas
  • D. Classification rules

Answer: D


NEW QUESTION # 38
Which of the following can be configured under the Data Protection Policy section of Global Settings?
Note: There are 3 correct answers to this question.

  • A. Purge Now
  • B. Purge Frequency in Days
  • C. Download Personal Data
  • D. Block User Purge
  • E. Retention Period for Purge Jobs

Answer: A,B,E


NEW QUESTION # 39
A sales representative's compensation plan stipulates that for every transaction, 2% of that transaction goes to their direct manager. In addition, the regional manager receives 1% of all transactions from all sales representatives and managers within their given region. Which rule type should you use for this rolling relationship?

  • A. Indirect credit rule
  • B. Direct credit rule
  • C. Secondary measurement rule
  • D. Primary measurement rule

Answer: A


NEW QUESTION # 40
A sales representative's compensation plan stipulates that for every transaction the direct manager receives a 2% commission. In addition the regional manager receives a 1% commission on all transactions from all sales representatives' managers within their given region. Which rule type should you use for this relationship?

  • A. Indirect credit rule
  • B. Direct credit rule
  • C. Commission incentive rule
  • D. Secondary measurement rule

Answer: A


NEW QUESTION # 41
Which of the following are characteristics of Variables? Note: There are 2 correct answers to this question.

  • A. Variable assignments made at the position level supersede assignments made at the plan level.
  • B. A Variable can be associated with any type of compensation element.
  • C. Once a Variable has been created, the Variable's type CANNOT be changed.
  • D. Variable values can include currency, boolean, or string data types.

Answer: A,C


NEW QUESTION # 42
You are managing Organization Data for your implementation.
Which of the following should you keep in mind regarding participants positions? Note: There are 2 correct answers to this question.

  • A. If no participant is assigned to a position the position can still receive compensation.
  • B. One participant can be assigned to multiple positions but one position CANNOT be assigned to multiple participants.
  • C. One position can be assigned to multiple participants but one participant CANNOT be assigned to multiple positions.
  • D. Positions define specific jobs that participants perform within a company.

Answer: B,D


NEW QUESTION # 43
Which options can you set in the System Preferences workspace? Note: There are 3 correct answers to this question.

  • A. User Role Permissions
  • B. Audit Logs Retention
  • C. Allow Negative Payments
  • D. Prompt Settings
  • E. Calculation Settings

Answer: C,D,E


NEW QUESTION # 44
Which of the following are characteristics of Business Units? Note: There are 2 correct answers to this question.

  • A. You can share reference data across Business Units.
  • B. You can assign multiple Business Units to a Processing Unit.
  • C. Business Units control access to Organization Data.
  • D. Calculation runs are completed separately for each Business Unit.

Answer: B,C


NEW QUESTION # 45
Which of the following describes the difference between a basic deposit rule a detail deposit rule?

  • A. Basic deposit rules get their values from credits while detail deposit rules get their values from an incentive.
  • B. Basic deposit rules are populated from commission incentives while detail deposit rules get their values from per-credit incentives.
  • C. Basic deposit rules are populated from per-credit incentives while detail deposit rules get their values from commission incentives.
  • D. Basic deposit rules get their values from an incentive while detail deposit rules get their values from credits.

Answer: D


NEW QUESTION # 46
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