Prep and try our 1Z0-1049-26 valid and latest training questions & answers

As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)

• A. No additional configuration is required to attach this element to the workforce compensation plan component.
• B. It is possible to link the same element but different input values to different components or options within the same compensation plan.
• C. Element entries are created for all the input values of the element.
• D. The automatically created Amount input value is identified as the primary input value.
• E. You must manually mark the Amount input value as the primary input value in the Special Purpose field.

Which two are element classification types? (Choose two.)

• A. Primary
• B. International
• C. US-only
• D. Global
• E. Secondary

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:
Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)

• A. the Start Compensation Cycle process
• B. the Refresh Data process
• C. the Validate Plan Setup process
• D. the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.

What is the relationship between Net Pay and Earnings? (Choose the best answer.)

• A. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.
• B. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.
• C. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.
• D. Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.

A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in the Compensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

• A. For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
• B. For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.
• C. For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
• D. For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.