1z0-1049 Free Practice Test

A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
< > >< > >To distribute the budgets automatically, the compensation administrator should run . (Choose the best answer.)

1. A. the Start Compensation Cycle process
2. B. the Validate Plan Setup process
3. C. the Refresh Data process
4. D. the Start Compensation Cycle proces
5. E. After this, the Administrator should create a model to distribute the budgets.

Correct Answer: D

Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)

1. A. Any payroll element can be added and all other details are auto-populated including the history category.
2. B. Any payroll element can be added and the input value of the element must be selecte
3. C. All other details are auto-populated including the history category.
4. D. Any payroll element can be added and all other details are auto-populated excluding the history category.
5. E. Any payroll element can be added and the input value of the element must be selecte
6. F. All other details are auto-populated excluding the history category.

Correct Answer: B

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. (Choose the best answer.)

1. A. Compensation Administrator
2. B. Compensation Manager
3. C. Line Manager
4. D. HR Specialist

Correct Answer: C

A corporation implemented Fusion Compensation and must run a compensation cycle. The corporation has seven different active components in the salary basis. Salaries of all the employees must be updated in bulk mode.
Which statement is true about the bulk update using Integrated Workbook? (Choose the best answer.)

1. A. Integrated Workbook can be used to update all the seven components.
2. B. Only the first four active components will be loaded at a time by Integrated Workbook.
3. C. Only the first five active components will be loaded at a time by Integrated Workbook.
4. D. Only the first six active components will be loaded at a time by Integrated Workbook.

Correct Answer: C

Which statement is true regarding elements? (Choose the best answer.)

1. A. Elements have possibly multiple primary classifications, one secondary classification, and one subclassification.
2. B. Elements have one primary classification, one secondary classification, and one subclassification.
3. C. Elements have possibly multiple primary classifications, possible multiple secondary classifications, and possibly multiple subclassifications.
4. D. Elements have one primary classification, possibly multiple secondary classifications, and possibly multiple subclassifications.
5. E. Elements have one primary classification, one secondary classification, and possibly multiple subclassifications.

Correct Answer: E
Subclassifications provide a way to feed balances. Elements can have only one primary and secondary classification, but multiple subclassifications. You can create subclassifications or use predefined ones. Once a subclassification is associated with a classification it cannot be associated with another classification. A subclassification name can be reused under different primary classifications, but you will have to create separate balance feeds for each subclassification with the same name.