1z0-1049 Free Practice Test

You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)

1. A. The task is only for notification and has no rules.
2. B. The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
3. C. The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
4. D. The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.

Correct Answer: C

In the workforce compensation work area, the Manager’s Worksheet Status is “In Approvals”. What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)

1. A. A budget was published to the manager.
2. B. The manager submitted his or her worksheet for approval.
3. C. The first-level manager approved the manager’s worksheet.
4. D. The highest-level manager or approver in the approval hierarchy approved the manager’s worksheet.
5. E. The manager saved some changes to his or her worksheet.

Correct Answer: C

Which three statements are true about individual compensation plans? (Choose three.)

1. A. A user’s ability to access or make updates to awards in individual compensation plans may be restricted by the user’s association to a Legislative Data Group.
2. B. Individual compensation plans are not necessary for payment of items such as spot bonus.
3. C. Individual compensation plans are necessary for payment of items such as spot bonus.
4. D. Workers are individual compensation plans to manage their own contributions to charitable or savings plans.
5. E. Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

Correct Answer: CDE

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.)

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

Correct Answer: C

When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)

1. A. You may use either VariableAllocationTask and VarialbeAllocationFYITask
2. B. You must use VariableAllocationTask and not VariableAllocationFYITask.
3. C. You must use VariableAllocationFYITask and not VariableAllocationTask.
4. D. You must use VariableAllocationTask and edit the rules if using only for notification.

Correct Answer: C