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| Section | Weight | Objectives |
|---|---|---|
| Budget Management | 12%-16% | - Budget configuration
|
| Reports and Statements | 8%-12% | - Output and reporting
|
| Guidelines and Recommendations | 8%-12% | - Compensation guidelines
|
| Compensation Worksheets | 12%-16% | - Worksheet configuration
|
| Employee Data and Eligibility | 8%-12% | - Import and eligibility rules
|
| Salary and Stock Planning | 8%-12% | - Compensation components
|
| Integration and Implementation | 8%-12% | - System integration
|
| Compensation Plan Templates | 8%-12% | - Plan template configuration
|
| Permissions and Executive Review | 8%-12% | - Security and review process
|
1. You set up a merit guideline rule based on the performance rating. You import guideline formulas as
shown in the attached screenshot. According to the imported formulas, what is the minimum merit
guideline if an employee's performance rating is 4?
Please choose the correct answer.
Choose one:
A) 1%
B) 2%
C) 4%
D) 0%
2. What is the definition of a role in role-based permissions? Please choose the correct answer.
Response:
A) A set of privileges that controls user access rights.
B) A group of users who can be granted access to a target population.
C) A group of users who share specific attributes.
D) A target population that a user can be granted access to.
3. When should you configure a compensation template using the second manager hierarchy?
Please choose the correct answer.
Response:
A) Your customer has more than three manager approval levels in their route map.
B) Your customer wants to include inactive employees on the compensation worksheet.
C) Your customer wants someone other than the standard manager to make compensation
recommendations.
D) Your customer wants both the standard manager and the matrix manager to approve compensation.
4. Your customer is setting up a stock factor table based on job level, as shown in the attached screen shot.
Which job level is properly configured? Please choose the correct answer.
Response:
A) MGR_3
B) MGR_4
C) MGR_2
D) MGR_1
5. Your customer has a compensation plan template with the functional currency EUR. The manager's own
currency is USD. 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
USD?
Please choose the correct answer.
Choose one:
A) The includeFunctionalCurrency view
B) The includeLocalCurrency view
C) The includeAnyCurrency view
D) The includePlannerCurrency view
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |
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