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| Section | Weight | Objectives |
|---|---|---|
| Compensation Planning & Budgeting | 20% | - Budget Roll-up & Approval - Merit, Bonus & Equity Planning - Range Penetration & Compa-Ratio - Budget Setup & Distribution |
| Workflows, Statements & Reporting | 15% | - Ad Hoc & Standard Reports - Compensation Statements - Executive Review - Workflow Configuration |
| Data Integration & Employee Central | 15% | - Refresh & Reload Mechanisms - EC Integration Configuration - Data Import & Mapping - HRIS Sync & Validation |
| Compensation Worksheets & Fields | 25% | - Field Attributes & Permissions - Form Layout & Design - Standard & Custom Fields - Guidelines & Validation Rules |
| Compensation Plan Setup & Configuration | 25% | - Eligibility Rules - Role-Based Permissions - Plan Dates & Cycles - Plan Template Creation |
1. In provisioning for your customer's instance you select the 'Assign default required field values for new users if none specified' option You want to import a compensation-specific user data file (UDF). Which columns are required.Note. There are 2 correct answers to this question.
A) STATUS
B) USERNAME
C) MANAGER
D) USERID
2. What types of custom fields can you use as formula criteria within the guidelines.Note There are 2 correct answers to this question.
A) Money fields based on a custom formula calculation
B) String fields based on a custom formula calculation
C) Date fields uploaded from the User Data File
D) Percent fields input on the worksheet
3. Which of the folowing updates require worksheets to be relaunched?Note There are 2 correct answers to this question
A) Revise field-based permissions
B) Modify the route map
C) Update a formula in a custom column
D) Update lookup table contents
4. Your customer has the requirement where both sales and non-sales employees are included on a single compensation template. However, only sales employees are eligible for a lump sum award How can you configure a single standard compensation statement template to ensure that just sales employees have a Lump Sum item displayed on their letter?
A) You can include the Lump Sum item in the statement template and set a condition on its display so that it will only be shown if it is greater than 0
B) You can hide the Lump Sum column on the compensation worksheet using Field-Based Permissions If the column is hidden on the worksheet, it won t appear on the statement
C) You can include the Lump Sum item in the statement template and put a disclaimer in the signature section alerting non-sales employees that that item pertains only to sales employees
5. Your customer has a compensation plan template with the functional currency USD. The manager s own currency is EUR. The manager's compensation worksheet contains employees who are paid in the following currencies EUR. USD. CHF. and GBP.Which view must you enable to make sure the manager can display the salary of all of their employees in GBP?
A) The includePlannerCurrency view
B) The include Any Currency view
C) The includeLocalCurrency view
D) The IncludeFunclIonalCurrency view
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: C,D | Question # 3 Answer: A,D | Question # 4 Answer: A | Question # 5 Answer: C |
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