Question 1

Which of the following are valid Pipeline mode types? Note: There are 3 correct answers to this question.

Options :

A : Process all transactions for new and modified positions

B : Specific Position Groups

C : Process all transactions for all positions

D : Reverse all transactions for all positions

E : Specific position

Answer: A,C

Question 2

When would you set a termination date for a participant record?

Options :

A : When you want to delete a participant from the system

B : When you NO longer want the commissions calculation to be processed

C : When a participant changes positions

D : When a participant is leaving an organization

Answer: D

Question 3

How are Rate Tables different from Lookup Tables? Note: There are 2 correct answers to this question.

Options :

A : Rate Tables CANNOT handle step commissions. Lookup Tables can handle step commissions.

B : Rate Tables have a single dimension. Lookup Tables can have more than one dimension.

C : Rate Tables can be effective dated. Lookup Tables CANNOT be effective dated, but each cell in the matrix can be effective dated.

D : Rate Tables can be used in any rule. Lookup Tables can be used only in incentive rules.

Answer: B,C

Question 4

What does the system do when Payment Threshold is enabled?

Options :

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

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

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

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

Answer: C

Question 5

How are released periods used in dashboard configuration? Note: There are 3 correct answers to this question.

Options :

A : Payees can view results prior to pipeline completion.

B : Both administrators and payees can release periods.

C : Payees can view dashboards for released periods only.

D : The administrator can release periods based on calendars.

E : The administrator can release periods based on Processing Units.

Answer: A,C,D

Free C_THR70_2505 Mock Exam – Practice Online Confidently