Frequently Asked Questions about Human Capital Management (HCM)
1. Which organizational unit of the HCM enterprise structure is adopted from the Financial Accounting (FI) module?
a. Personnel Areab. Company Code
c. Personnel Subarea
d. Division
2. Why is data in infotypes time-delimited?
a. To inform employees of work schedulesb. To keep a record of old data
c. To logically group the information
d. To delete old data
3. In which area of the HCM module is compensation management maintained?
a. Event Managementb. Training Management
c. Time Management
d. Personnel Management
4. Why is module integration between Human Capital Management (HCM) and Production Planning (PP) important for companies that manufacture goods?
a. It ensures employees get paid.b. It matches salespeople with customers.
c. It ensures salespeople get paid correct commission.
d. It allows companies to schedule the right number of employees to meet demand.
Answers to Human Capital Management (HCM) FAQs
1. Which organizational unit of the HCM enterprise structure is adopted from the Financial Accounting (FI) module?
Correct Answer: b. Company CodeExplanation: The Company Code is established in the Financial Accounting (FI) module and is adopted within the HCM enterprise structure to maintain financial consistency and ensure streamlined reporting across modules.
2. Why is data in infotypes time-delimited?
Correct Answer: b. To keep a record of old dataExplanation: Time-delimited data allows the system to retain historical information. This functionality ensures that previous records are accessible even after updates, providing a comprehensive log of changes over time.
3. In which area of the HCM module is compensation management maintained?
Correct Answer: d. Personnel ManagementExplanation: Compensation Management is a crucial sub-area of Personnel Management within HCM. It focuses on developing compensation strategies, managing payroll, and ensuring that employees are fairly compensated according to their roles and performance.
4. Why is module integration between Human Capital Management (HCM) and Production Planning (PP) important for companies that manufacture goods?
Correct Answer: d. It allows companies to schedule the right number of employees to meet demand.Explanation: Integration between HCM and PP ensures that the workforce is aligned with production requirements. By scheduling employees with the appropriate skills at the right times, companies can meet production demands effectively, enhancing productivity and operational efficiency.
