1Z0-1049-22 Online Practice Questions and Answers

Your Workforce Compensation Plan has the following Plan Cycle setup:

Evaluation Period Start Date: 1-Jan-2014 Evaluation Period End Date: 31-Dec-2014 Worksheet Update Period Start Date: 1-Jan-2014 Worksheet Update Period End Date:31-Dec-2014 HR Data Extraction: 31-Dec-2014 Eligibility Determination Date: 31-Dec-2014 Worksheet Update Period Start Date: 1-Nov-2014 Worksheet Update Period End Date: 31-Jan-2015

Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.

You, as the compensation administrator, are required to ensure that all the relevant organizational changes areincluded in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)

A. Schedule the Refresh Workforce Compensation Data process nightly to ensure that line managers see the most current data, including therecent transfers and other employment changes.

B. Run the Refresh Workforce Compensation Data process on 1-Nov-2014 because that is the date when line managers start updating the worksheet.

C. Validate Plan Setup to ensure that all HR Data updates are accounted in the worksheet.

D. Run the Back Out Workforce Compensation Data process with the "Full back out" option.

A corporation has generated total compensation statements and allworkers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.

Which corrective action will you take? (Choose the best answer.)

A. Educate the workers that corrections are not possible after the total compensation statements have been generated.

B. Ignore any corrective action.

C. Edit "Statement Definition," make the required corrections, and regenerate the total compensation statements as a newer version.

D. Start manual changes in each worker's total compensation statement.

You client has a requirement that allows a salary adjustment based on the numberof dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".

Which option would you use to achieve this? (Choose the best answer.)

A. The Configure Compensation Component task in Manage plans

B. The Salary Component Lookup

C. It is not possible to achieve this, because only the delivered salary components can be used.

D. The Compensation Models

During the Compensation Review cycle for the year 2014-15, the manager processes his direct reports compensation changes per the model created by him. After making the changes in the worksheet, the manager submits the proposed changes to the next level manager in the hierarchy for approval. What will the Manager status appear as in the workforce compensation area? (Choose the best answer.)

A. In Approvals

B. Processed

C. Fully Approved

D. Submitted

E. Work in Progress

An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.

Identify the correct role that will give the administrator access to complete the process. (Choosethe best answer.)

A. Compensation Administrator

B. Compensation Manager

C. Line Manager

D. HR Specialist

While configuring Workforce Compensation Plan, you specify Performance Rating date in Plan Cycle as the same in multipleplans.

What will happen when the manager updates a compensation performance rating in the worksheet of one plan? (Choose the best answer.)

A. The rating will be available to only the plan where it is updated.

B. The rating will be available to all plansthat are currently active.

C. The rating will be available to all plans with the same Performance Rating date in Plan Cycle.

D. The rating will be available to only the plans where the same manager is involved.

Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

A. Create a relevant eligibility profile and associate it with the plan.

B. Create user-defined criteria, and then create the eligibility profile and plan.

C. Create a derived factor, and then create theeligibility profile and plan.

D. Create an eligibility profile with the exclude option and associate it with the plan

E. Use a fast formula to restrict access to the plan.

Identify the three correct statements for an alternate approver hierarchy. (Choose three.)

A. By defining alternate approvers, you replace the standard approval hierarchy for a manager with a new set orsequence of approvers.

B. The alternate approver must be a part of the regular plan hierarchy.

C. You can create multiple approvers for the same manager.

D. The highest Approval sequence is the final approver.

If you enable Performance Ratings and rate workers within Workforce Compensation, which two statements are true? (Choose two.)

A. Managers can rate workers as they allocate compensation.

B. These ratings are used across compensation plan and cycles.

C. The ratings are transferred to the Performance Management system or to HR.

D. You can display compensation ratings given in the previous plan cycle as a column in the worksheet.

As compensation manager, you are creating a Salary and Bonus earnings compensationitem to define a total compensation statement. Per system requirements, you must select an appropriate source type to show the correct information on the statement.

Select the correct "Source Type". (Choose the best answer.)

A. Salary Basis

B. BenefitBalance

C. Payroll Element

D. Formula