Question 1

Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user’s ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)

Options :

A : If user access should be based on career levels or earnings thresholds

B : If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle

C : if there should be a “white list” name criteria for access to the plan

D : if plan access should be related to HR actions

E : if there should be a time period in which a user can create, update, or discontinue allocations or contributions

F : whether or not to restrict access to the plan at all

Answer: A,D

Question 2

Your customer’s Workforce Compensation Plan for Annual Salary Review is set up with the following datesin the Plan Cycle:Evaluation Period Start Date: 1-Jan-2014Evaluation Period End Date: 31-Dec-2014Worksheet Update Period Start Date: 1-Jan-2014Worksheet Update Period End Date: 31-Dec-2014HR Data Extraction: 31-Dec-2014Eligibility Determination Date: 31-Dec-2014There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, itfails for this worker. What should you do to successfully add the lump sum award element entries and salaryadjustments? (Choose the best answer.)

Options :

A : The worker termination date should be changed to reflect the same date as the HR Data Extraction date.

B : The salary adjustment or lumpsum effective date must be later that the worker’s payroll last standard process date.

C : The salary adjustment or lumpsum effective date must be earlier than or equal to the worker’s termination date.

D : The salary adjustment or lumpsum must be manually calculated and added for such workers.

E : Terminated workers should be excluded from being processed in Workforce Compensation plans.

Answer: C

Question 3

As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

Options :

A : Statement Definition Name

B : Statement Period

C : Legal Employer

D : Compensation Category

Answer: B,D

Question 4

A manager publishes budgets as amounts to the managers reporting to him. The following table shows the allocations made to each direct report (managers) and the total salaries of the employees in their chain. 1-Z0-1049-20 Now, one of Manager 2’s employees with eligible salary of $ 100,000 is reassigned to Manager 3. What will be the impact on Budget Percentage? (Choose the best answer.)

Options :

A : No impact. The budget allocated to the employee will automatically be allocated to Manager 3. Budget percentage will remain as 10.

B : Allocated budget will not change. Budget percentage of Manager 2 will increase to 12.5% and Manager 3 will decrease to 8%.

C : Allocated budget will not change. Budget percentage of Manager 3 will increase to 12.5% and Manager 2 will decrease to 8%.

D : Budget allocated for the employee will be released back to the manager for reallocation. Budget percentage will remain unchanged.

Answer: B

Question 5

Your customer has employees located in four countries (Unites States, Japan, India, and Germany) and each country has a specific salary range. How would you configure the salary bases? (Choose the best answer.)

Options :

A : Create one salary basis and four different grade rates, and attach the grade rate to the salary basis at the employee level.

B : Create four salary bases and one grade rate, and define different ranges for the same grade rate while attaching the grade rate to the salary bases

C : Create four salary bases and four grade rates, and attach the grade rates to the salary bases.

D : Create one salary basis and one grade rate, and define different ranges for the salary basis at the employee level.

Answer: C