C_THR70_2404 - Latest Training Dumps

Get Ready to Boost your Prepare for your C_THR70_2404 Exam with 82 Questions

Use Free C_THR70_2404 Exam Questions that Stimulates Actual EXAM

SAP C_THR70_2404 Exam Syllabus Topics:

Topic	Details
Topic 1	Dashboard, Plan Communicator, and Disputes: This section is about skills to craft compensation plan communications for payees, familiarize yourself with the Disputes functionality, and learn to create and launch Dashboards.
Topic 2	Classification and Compensation Elements: In this section, the focus is on how to explore the role of the classification hierarchy and how it relates to territories and classification data. Examine different types of compensation elements and discover optimal strategies for their implementation.
Topic 3	Administration and Security: In this section, the focus is on how to develop proficiency in configuring both system and user settings, with a particular emphasis on establishing robust administration and security protocols.
Topic 4	Pipeline and Calculation: In this section, the focus is on the different phases of the Compensate and Pay sequence within the Pipeline framework.

NO.36 What is the purpose of Excel Data Loader feature?

Load Lookup and Rate Table values.

Load a small number of new records.

Load Plan Objects.

Transform existing data.

NO.37 Each sales representative receives a 5% commission on total sales up to $10000. Total Sales over $10000 up to $15000 are paid at 10%. Total sales over $15000 receive a 15% commission.
How would you configure this in a compensation plan?

Create a direct credit rule with a straight rate table.

Create a basic incentive rule with a straight rate table.

Create a basic incentive rule with a stepped rate table.

Create a direct credit rule with a stepped rate table.

NO.38 After running Compensate Pay you discover that a credit contains the wrong value. You determine the issue is caused by an incorrect value in the transaction.
What is the best way to resolve this issue?

Manually adjust the value of the transaction re-run Compensate Pay.

Manually adjust the value of the transaction re-run the Allocate stage.

Manually adjust the value of the credit re-run Compensate Pay.

Manually adjust the value of the credit re-run the Allocate stage.

NO.39 What are some best practices when creating a participant? Note: There are 3 correct answers to this question.

Determine the user name/user ID format before adding participants to the system.

With single sign-on, use the position ID used by the company’s current systems.

End dating participants is always recommended.

Use a generic date to represent the end of the participant’s employment and use this date in rule instead of the termination date.

Do NOT use the participant’s name as a user name/user ID.

NO.40 Which rule types are executed during the Reward stage? Note: There are 3 correct answers to this question.

Secondary measurement rules

Detail deposit rules

Indirect credit rules

Primary measurement rules

Incentive rules

NO.41 Which of the following tasks can be performed by a payee? Note: There are 2 correct answers to this question.

Run Compensate and Pay.

Create a dashboard.

Accept a compensation plan.

Submit a dispute.

NO.42 For which account can you set up and manage specific default preferences?

Any user for which you are a proxy

Any user account in the system

The administrator account only

Your user account only

NO.43 Which of the following can you accomplish within the Customizations workspace? Note: There are 2 correct answers to this question.

Create additional classifier types

Manage create attributes

Manage create variables

Specify if an attribute is required

NO.44 What are the characteristics of end dating an object? Note: There are 2 correct answers to this question.

If you end date a position or participant, it is deleted from the system.

If a participant has non-zero results data in a period, you can set the end date for the participant to the last day of the period.

If the Credit End and Process End fields on a position extend beyond the effective end date, the position continues to be processed.

You can end date a position or participant version if there is NO results data associated with that version.

NO.45 Which of the following objects can be used to define a Territory? Note: There are 2 correct answers to this question.

Categories

Advanced queries

Formulas

NO.48 What should you avoid when working with titles? Note: There are 1 correct answers to this question.

Keep the same name of a title over time.

Assign a compensation plan to a title.

Delete a title when it is no longer in use.

Assign the same name to both titles and positions.

NO.49 When creating an Incentive Rule that calculates a commission that accelerates when a payee reaches 100% attainment, which of the following objects should you use to reference the commission rate?

A Rate Table Variable

A Rate Table

A Fixed Value

A Fixed Value Variable

NO.50 Which options can you set in the System Preferences workspace? Note: There are 3 correct answers to this question.

Language Support

Allow Negative Payments

User Role Permissions

Prompt Settings

Audit Logs Retention

NO.51 Your compensation plan has three deposits for one of your payees. Deposit 1 has a value of $2000 with an Earning Code of Hardware Sales and an Earning Group of Commission. Deposit 2 has a value of $4500 with an Earning Code of Router Sales and an Earning Group of Commission.Deposit 3 has a value of $8000 with an Earning Code of Sales Bonus and an Earning Group of Quarterly Commissions Bonus. Given this scenario, how many payments would result from these deposits and for what amounts?

Two payments: Payment 1 for $4500 and Payment 2 for $10000

One payment for $14500

Two payments: Payment 1 for $6500 and Payment 2 for $8000

Three payments: Payment 1 for $2000, Payment 2 for $4500, and Payment 3 for $8000

NO.52 Before running Post which of the following is recommended?

Run Compensate Pay with Update Analytics to populate dashboards.

Review the Classify stage results to ensure accuracy.

Run the Pay stage for each position group.

Run Compensate Pay in full mode.

NO.53 Which of the following describes the difference between a basic deposit rule a detail deposit rule?

Basic deposit rules get their values from credits while detail deposit rules get their values from an incentive.

Basic deposit rules get their values from an incentive while detail deposit rules get their values from credits.

Basic deposit rules are populated from commission incentives while detail deposit rules get their values from per-credit incentives.

Basic deposit rules are populated from per-credit incentives while detail deposit rules get their values from commission incentives.

NO.54 What does a basic deposit rule determine? Note: There are 2 correct answers to this question.

The amount of incentive earnings to deposit

The aggregation of credits from transactions

The period to make the deposit

The account to deposit into

NO.55 Which of the following are advantages to using compensation elements in rules? Note: There are 3 correct answers to this question.

They allow the encapsulation of data in distinct objects.

They can be reused in multiple rules.

They allow you to create and save advanced queries.

They can be used as placeholders to make compensation rules more flexible.

They are effective dated, which simplifies change management.

Loading …

BEST Verified SAP C_THR70_2404 Exam Questions (2024) : https://www.trainingdump.com/SAP/C_THR70_2404-practice-exam-dumps.html

Category C_THR70_2404

Get Ready to Boost your Prepare for your C_THR70_2404 Exam with 82 Questions [Q36-Q55]

SAP C_THR70_2404 Exam Syllabus Topics: