100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

HCM Fundamentals Chapter 5 - Additional Organizations UPDATED ACTUAL Questions and CORRECT Answers

Rating
-
Sold
-
Pages
5
Grade
A+
Uploaded on
08-12-2024
Written in
2024/2025

HCM Fundamentals Chapter 5 - Additional Organizations UPDATED ACTUAL Questions and CORRECT Answers Which organization type groups workers based on a legal entity? a. Supervisory Organization b. Company Organization c. Cost Center Organization d. Matrix Organization - CORRECT ANSWER - b. Company Organization

Show more Read less
Institution
HCM
Course
HCM









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
HCM
Course
HCM

Document information

Uploaded on
December 8, 2024
Number of pages
5
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • hcm fundamentals
  • hcm

Content preview

HCM Fundamentals Chapter 5 - Additional
Organizations UPDATED ACTUAL
Questions and CORRECT Answers
Which organization type groups workers based on a legal entity?
a. Supervisory Organization
b. Company Organization
c. Cost Center Organization

d. Matrix Organization - CORRECT ANSWER - b. Company Organization


Which organization type tracks financial transactions, budgets, and workers?
a. Supervisory Organization
b. Company Organization
c. Cost Center Organization

d. Matrix Organization - CORRECT ANSWER - c. Cost Center Organization


Which statement about reorganization events is correct?
a. Reorganization events are optional and used for administrative purposes only.
b. Reorganization events are used to define a common effective date for multiple activities.
c. Reorganization events are only used for supervisory organizations and not other organization
types.

d. Reorganization events do not provide any reporting value. - CORRECT ANSWER - b.
Reorganization events are used to define a common effective date for multiple activities.


How do you include workers in a location hierarchy? - CORRECT ANSWER - By hiring
or contracting a worker into a location that is included within the location hierarchy.


When configuring organization assignments, which field(s) do you populate for the organizations
to default and also allow for unrestricted changes?

, a. Allowed Organizations
b. Default Organizations
c. Both Allowed and Default Organizations
d. Neither Allowed nor Default Organizations (leave both fields blank) - CORRECT
ANSWER - b. Default Organizations


When configuring organization assignments, which field(s) do you populate for the organizations
to default and also allow for restricted changes?
a. Allowed Organizations
b. Default Organizations
c. Both Allowed Organizations and Default Organizations
d. Neither Allowed Organizations nor Default Organizations (leave both fields blank) -
CORRECT ANSWER - c. Both Allowed Organizations and Default Organizations


What are the common HR, finance, and payroll organization types? - CORRECT
ANSWER - Supervisory, Matrix, Company, Cost Center, Region, Location, Pay Group,
and Custom Organization


Supervisory Organization - CORRECT ANSWER - Groups workers into a management
hierarchy and has assigned manager and support roles. By hiring, contracting, or transferring a
worker into a supervisory organization, you are also assigning the worker a manager and
including the worker in a management hierarchy.


Matrix Organization - CORRECT ANSWER - Establishes an indirect manager
relationship, typically contains workers from different supervisory organizations that work
together in some capacity. Each has an assigned matrix manager who has a dotted-line
relationship to all the members of the matrix organization.


Company Organization - CORRECT ANSWER - Represents a legal entity and ties to all
financial transactions. A primary organization type for Workday Financial Management, you can
use company organizations to generate most financial reports, such as balance sheets and income
statements. Workday recommends that you create a separate company for each internal entity
with a separate tax ID.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
MGRADES Stanford University
View profile
Follow You need to be logged in order to follow users or courses
Sold
1074
Member since
1 year
Number of followers
102
Documents
68976
Last sold
2 days ago
MGRADES (Stanford Top Brains)

Welcome to MGRADES Exams, practices and Study materials Just think of me as the plug you will refer to your friends Me and my team will always make sure you get the best value from the exams markets. I offer the best study and exam materials for a wide range of courses and units. Make your study sessions more efficient and effective. Dive in and discover all you need to excel in your academic journey!

3.8

170 reviews

5
73
4
30
3
45
2
8
1
14

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions