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| Section | Objectives |
|---|---|
| Topic 1: Compensation Administration and Overview | - Compensation Planning Concepts
|
| Topic 2: Compensation Planning Execution | - Worksheet Management
|
| Topic 3: Eligibility and Guidelines | - Business Rules and Eligibility Engine
|
| Topic 4: Reporting and Integration | - Analytics and Integration
|
| Topic 5: Compensation Template Configuration | - Designing Compensation Worksheets
|
1. When should you configure a compensation template using the Second Manager hierarchy? Note: There are 2 correct answers to this question.
A) Your customer has more than three manager approval levels in their route map.
B) Your customer wants to include HR in their route map.
C) Your customer wants someone other than the standard manager to make compensation recommendations.
D) Your customer wants only directors above to do planning.
2. Which actions are controlled by role-based permissions? Note: There are 2 correct answers to this question.
A) Updating a Compensation Statement
B) Making changes through Executive Review
C) Opening compensation worksheets
D) Editing columns on a worksheet
3. Your customer would like the Reward team to be able to override the final salary of the employee by directly entering in the final amount in Executive Review. However, they want to make sure that this is only possible during the last week of the planning cycle.
How can you achieve this?
A) Create a custom editable Money field. In the formula to calculate the final salary, use the dateDiff() function to determine if the custom column can override the calculated value.
B) Create a custom editable Money field with field-based permissions set to read-only. Change the permissions to editable on the correct date.
C) Create a custom read-only Money field change read-only to No on the correct date.
D) Create a custom editable Money field use custom validation to check that values are NOT entered until the correct date.
4. A customer wants to display a block of text on the compensation statement only if the merit increase percentage is greater than 10%. How would you proceed?
A) Configure a new percent field with a formula within the compensation template add this field to the statement template. Use this field in the conditional logic.
B) Duplicate the standard merit field select the Show percent only radio button. Add this field to the statement template use it for the conditional logic.
C) Configure an adjustment field to duplicate the merit field select the Show percent only radio button.Add this field to the statement template use it for the conditional logic.
D) Use conditional logic in the statement to only display the paragraph if merit is greater than 10.
5. How many custom columns may be used as Formula Criteria for Guidelines?
A) 2
B) 4
C) There is no limit on custom columns
D) 3
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |
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