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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Import and Export Data | < 8% | - Data Management
|
| Topic 2: Salary Structures | 8% - 12% | - Pay Range Configuration
|
| Topic 3: Executive Review | 8% - 12% | - Executive Review Configuration
|
| Topic 4: Guidelines and Recommendations | 8% - 12% | - Guideline Configuration
|
| Topic 5: Reports and Analytics | < 8% | - Reporting
|
| Topic 6: Permissions and Security | 8% - 12% | - Role-Based Permissions
|
| Topic 7: Compensation Plan Templates | 12% - 18% | - Template Configuration
|
| Topic 8: Compensation Forms | 12% - 18% | - Worksheet Configuration
|
| Topic 9: Budgets | 8% - 12% | - Budget Management
|
Question 1
You customer uses a multi-currency compensation plan template. Where can they update the exchange rate for US Dollars (USD) to Euros (EUR) using the Admin Tools?
Please choose the correct answer.
Choose one:
A. Compensation Home -> Plan Setup -> Plan Details
B. Compensation Home -> Plan Setup -> Setting -> Currency settings
C. Compensation Home -> Manage worksheets
D. Compensation Home -> Actions for all Plans
Question 2
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
Response:
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. Create an eligibility engine rule in the Admin Tools that restricts non-Job Level A users from receiving
Lump Sum 2.
D. Import the value FALSE in the LUMPSUM2_ELIGIBLE column of the user data file (UDF) for all users
EXCEPT Job Level A user.
Question 3
Your customer has different compensation plan templates for stock and compensation.
This customer therefore wants to use one combined compensation statement.
What can you use to achieve this?
Please choose the correct answer.
Choose one:
A. Role-based permissions
B. The interoperability option
C. The Assign Statement Groups option
D. The Secondary Plan option
Question 4
Your customer wants only users in Job Level A to be eligible for a onetime disbursement that does NOT contribute toward final salary. What can you do to fulfill this requirement?
There are 2 correct answers
Response:
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. Create an eligibility engine rule in the Admin Tools that restricts non-Job Level A users from receiving
Lump Sum 2.
D. Import the value FALSE in the LUMPSUM2_ELIGIBLE column of the user data file (UDF) for all users
EXCEPT Job Level A user.
Question 5
What are the advantages of the Percent of Merit Target budget mode? Please choose the correct answer.
Choose one:
A. It is client-specific and uses custom calculations if needed.
B. It is easy to configure since it is based on employee performance and benchmarks.
C. It is dynamic since budgets recalculate when new targets are loaded.
D. It is flexible since it is NOT based on users' imported salaries.
Solutions:
| Question 1 Answer: D | Question 2 Answer: A,B | Question 3 Answer: D | Question 4 Answer: A,B | Question 5 Answer: D |
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