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| Section | Weight | Objectives |
|---|---|---|
| Budgets | 8% - 12% | - Budget Management
|
| Reports and Analytics | < 8% | - Reporting
|
| Permissions and Security | 8% - 12% | - Role-Based Permissions
|
| Compensation Plan Templates | 12% - 18% | - Template Configuration
|
| Compensation Forms | 12% - 18% | - Worksheet Configuration
|
| Guidelines and Recommendations | 8% - 12% | - Guideline Configuration
|
| Salary Structures | 8% - 12% | - Pay Range Configuration
|
| Executive Review | 8% - 12% | - Executive Review Configuration
|
| Import and Export Data | < 8% | - Data Management
|
1. You want to display the percentage of employees in each pay grade who are eligible to receive a stock grant.
Which of the following activities must you perform to do this?
Please choose the correct answer.
Response:
A) Create an eligibility engine rule in the Admin Tools which defines stock eligibility by pay grade.
B) Upload a stock participation guideline table CSV file in the Admin Tools.
C) Create a custom stock field with a formula that calculates stock grant percentages per pay grade.
D) Import the value TRUE in the STOCK_UNITS_ELIGIBLE column of the user data file (UDF) for users with eligible pay grades.
2. When must you configure a template to be local currency centric?
There are 2 correct answers.
Choose:
A) When you want planners to input data in the currency type in which the employee is paid.
B) When you want to import employee salary in the currency in which the employee is paid.
C) When you want the worksheet to display the budget in the local currency of the planner.
D) When you want the system to assign each employee to the correct currency code based on the employee's country.
3. Your customer's budget for merit is 3% of the employee's annual salary. A full time employee has worked for the company for half of the year. The guidelines for this employee show adjusted values for the 50% work time.
Your customer does NOT want to give the manager the full budget for this employee. Only 50% of the employee's calculated budget is to be included in the budget total. How can you accomplish this?
Please choose the correct answer.
Response:
A) Enable prorating in the guidelines in the Admin Tools.
B) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
C) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
D) Enable prorating in the budget calculation in the Admin Tool.
4. Your customer requires the stock budget allocation for each employee to be visible on the compensation worksheet. How can you achieve this?
Please choose the correct answer.
Response:
A) Create a custom field and pull data from the "STOCK_BUDGET_STOCK_AMOUNT" column of the user data file (UDF)
B) Create a custom field and use the Direct Amount budget mode for stocks.
C) Add a new budget calculation based on "User" and use "STOCK_BUDGET_STOCK_AMOUNT" as the import key.
D) Add a guideline field in the design worksheet labeled as "Stock Budget Allocation".
5. Where can you disable Ask for Edits options in the route map of a compensation form?
Please choose the correct answer.
Choose one:
A) Under XML -> comp-config section
B) Under Provisioning -> Form Template Administration
C) Under Admin Tools -> Plan Setup -> Settings -> Advanced Settings
D) Under Admin Tools -> Manage Route Maps
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,C | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C |
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