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| Section | Objectives |
|---|---|
| Compensation Administration | - Compensation Forms
|
| Compensation Planning | - Budget Management
|
| System Configuration and Integration | - Data Model and Business Rules
|
1. Your customer notices incorrect data in the standard Current Salary column on a launched compensation worksheet. What must the customer do to correct the salary data on the worksheet?
Please choose the correct answer.
Choose one:
A) Select 'No' for the 'Read-only' option of the Current Salary column in the Column Designer and enter the correct data on the worksheet.
B) Enter the correct Current Salary data directly on the worksheet using Executive Review.
C) Import the correct data in the SALARY and COMPENSATION_SAL_RATE_UNITS columns of the user data file (UDF).
D) Import the correct data for Current Salary through Executive Review offline edits.
2. Which of the field can you use when you set up forced comments in the compensation plan template?
There are 2 correct answers. Choose:
A) promotion
B) lumpSum
C) bonus
D) custom
3. 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 guideline field in the design worksheet labeled as "Stock Budget Allocation".
D) Add a new budget calculation based on "User" and use "STOCK_BUDGET_STOCK_AMOUNT" as the import key.
4. Which element in the compensation plan template XML controls the lump sum split? Choose one:
A) <comp-rule>
B) <comp-salary-rule>
C) <comp-calculation>
D) <comp-budget-rule>
5. 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) The Secondary Plan option
B) The interoperability option
C) The Assign Statement Groups option
D) Role-based permissions
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,C | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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