Online Access Free 1Z0-1049 Practice Test

What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)

• A.Plan-level eligibility is evaluated before component-level eligibility.
• B.Plan-level eligibility is ignored and a warning is reported.
• C.This is not possible. Component-level eligibility is always identical to plan-level eligibility.
• D.Component-level eligibility is ignored and a warning is reported.
• E.Component-level eligibility is evaluated before plan-level eligibility.

You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

• A.The category has been added as a subcategory.
• B.The category does not have a graph defined in it.
• C.The category does not have employer contribution.
• D.The category does not have employee contribution.

Which two tasks are true about components in worksheet configurations? (Choose two.)

• A.Plans must have at least one component if awarding compensation.
• B.There is the flexibility to add any number of components within a compensation plan.
• C.Each component has to be of a separate type, such as salary or bonus.
• D.You can create up to five components to represent the different types of compensation that you want to award within a plan.

Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

• A.Initiate budgets automatically by using the Start Compensation Cycle process.
• B.Request excess budget allocation from the manager above him.
• C.Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
• D.Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.

Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)

• A.the date that statements become available to workers
• B.an optional welcome message
• C.the date when bonus is awarded to workers
• D.the date when merit increases are awarded to workers
• E.the conversion rate date for currency conversions