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| Section | Objectives |
|---|---|
| Topic 1: Compensation Administration | - Compensation Forms
|
| Topic 2: Compensation Planning | - Salary and Bonus Planning
|
| Topic 3: System Configuration and Integration | - Data Model and Business Rules
|
1. Where must you update the instructions that appear at the top of a compensation worksheet?
Please choose the correct answer.
Choose one:
A) Under Admin Tool -> Plan Setup -> Design Worksheet
B) Under Admin Tool -> Plan Setup -> Settings
C) Under Provisioning ->Succession Data Mode
D) Under Provisioning -> Company Setting
2. When must you configure a template to be local currency centric?
There are 2 correct answers.
Choose:
A) When you want to import employee salary in the currency in which the employee is paid.
B) When you want planners to input data in the currency type in which the employee is paid.
C) When you want the system to assign each employee to the correct currency code based on the employee's country.
D) When you want the worksheet to display the budget in the local currency of the planner.
3. Which of the field can you use when you set up forced comments in the compensation plan template?
There are 2 correct answers. Choose:
A) promotion
B) bonus
C) lumpSum
D) custom
4. A customer wants to display the compensation history in the compensation profile.
When setting up the compensation history section, what can you use as a data source?
There are 2 correct answers.
Choose:
A) Fields from a background section of the employee profile.
B) Fields from multiple plan templates
C) Fields imported via the user data file (UDF)
D) Fields from the current compensation worksheet.
5. Which actions can you control using role-based permissions?
There are 3 correct answers to this question.
Response:
Should have chosen
A) View the compensation profile.
B) Change eligibility rules in a compensation plan template.
C) Read and write compensation data via executive review.
D) Exceed a merit guideline in a compensation worksheet.
E) View budget rollup information.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,D | Question # 3 Answer: B,C | Question # 4 Answer: A,D | Question # 5 Answer: B,C,E |
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