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Last Updated: May 31, 2026
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1. Which information is included in the rollup report? Please choose the correct answer.
Response:
A) The sum of budget and total spend for each division, department, or location
B) The average bonus payout amount for each location
C) The total number of employees that received a promotion summarized by job level.
D) The sum of budget and total spend for each planner in the hierarchy
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 the worksheet to display the budget in the local currency of the planner.
C) When you want the system to assign each employee to the correct currency code based on the
employee's country.
D) When you want to import employee salary in the currency in which the employee is paid.
3. A planner recommends a $5000 equity award. Using the stock value table as shown in the attached
screenshot and a 50/50 value award split between stock and options, how many units of each does the
employee receive? Please choose the correct answer.
Response:
A) 125 shares of stock and 125 options
B) 200 shares of stock and 334 options
C) 25 shares of stock and 15 options
D) 100 shares of stock and 167 options
4. Where must you update the instructions that appear at the top of a compensation worksheet?
Please choose the correct answer.
Choose one:
A) Under Admin Tool -> Plan Setup -> Settings
B) Under Admin Tool -> Plan Setup -> Design Worksheet
C) Under Provisioning ->Succession Data Mode
D) Under Provisioning -> Company Setting
5. Which of the following options reflects a best practice for configuring compensation plan guidelines?
Please choose the correct answer.
Response:
A) Add a formula without any criteria at the bottom of the guideline list to act as a default.
B) Make sure the Enable Guideline Optimization checkbox is selected if your customer has less than
1 ,000 guidelines.
C) Always arrange guideline formulas in order by performance rating and comp ratio.
D) Allow planners to enter negative salary adjustment recommendations.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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