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| Section | Objectives |
|---|---|
| Topic 1: Compensation Plan Setup | - Configure Compensation Plan Templates
|
| Topic 2: Reports and Analytics | - Compensation Reports
|
| Topic 3: Compensation Statements | - Statement Design and Generation
|
| Topic 4: Compensation Worksheets | - Worksheet Management
|
| Topic 5: Implementation and Workflow | - Compensation Process Flow
|
1. Your customer wants only users in Job Level A to be eligible for a one-time disbursement that does NOT contribute toward final salary. What can you do to fulfill this requirement? There are 2 correct answers
A) Create an eligibility engine rule in the Admin Tools that restricts Job Level A users eligible for Lump Sum.
B) Import the value TRUE in the LUMPSUM_ELIGIBLE column of the user data file (UDF) for all Job Level A users.
C) Import the value FALSE in the LUMPSUM2_ELIGIBLE column of the user data file (UDF) for all users U EXCEPT Job Level A user.
D) Create an eligibility engine rule in the Admin Tools that restricts non-Job Level A users from receiving Lump Sum 2.
2. You create a test User Data File (UDF) for use with a compensation template. The template uses the Second Manager hierarchy. The CEO is head of both hierarchies.
In the user record of the CEO, what values would you use for the MANAGER and SECOND_MANAGER columns? Please choose the correct answer.
A) MANGER: blank
SECOND_MANAGER: blank
B) MANGER: blank
SECOND MANAGER: NO MANAGER
C) MANGER: NO_MANAGER U SECOND_MANAGER: blank
D) MANGER: NO_MANAGER V U SECOND MANAGER: NO MANAGER
3. Which of the following options reflects a best practice for configuring compensation plan guidelines?
Please choose the correct answer.
A) Add a formula without any criteria at the bottom of the guideline list to act as a default.
B) Allow planners to enter negative salary adjustment recommendations.
C) Always arrange guideline formulas in order by performance rating and comp ratio.
D) Make sure the Enable Guideline Optimization checkbox is selected if your customer has less than
1,000 ^ guidelines.
4. Your client notices that data on compensation worksheets is incorrect. The attached screenshot shows the user data file (UDF) that was uploaded. Which columns cause this problem?
There are 3 correct answers to this question.
A) JOBLEVEL
B) DATE_OF_CURRENT_POSITION
C) PAYGRADE
D) SALARY
E) SALARY_PRO RATING
5. Your customer uses a look-up table to calculate custom budgets as shown in the attached screenshot.
The budget is based on an employee's country and status. In the template, the country is defined with the field ID 'customCountry' and the status is defined with the field ID 'customStatus'.
You need to create a custom field that contains the look-up value foe the promotion budget percent.
What is the correct syntax for the calculated field?
Please choose the correct answer.
A) lookup("2012_Custom_Budget_PooP customCountry, customStatus,promotion)
B) lookup("2012_Custom_Budget_PooP customCountry, customStatus, 1)
C) lookup("2012_Custom_Budget_PooP customCountry, customStatus)
D) lookupC'2012_Custom_Budget_Poor" customCountry, customStatus,3)
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B,D,E | Question # 5 Answer: B |
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