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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Workflows | 10% | - Standard and custom reports - Audit and change tracking - Approval workflow configuration |
| Topic 2: Data Management and Import | 15% | - Employee data import and validation - Data integration with Employee Central - Lookup tables and reference data |
| Topic 3: Budgeting and Guidelines | 20% | - Budget roll-up and adjustment - Guideline configuration and enforcement - Budget setup and distribution |
| Topic 4: Compensation Worksheets | 20% | - Permissions and role-based access - Worksheet configuration and layout - Data population and calculation rules |
| Topic 5: Compensation Statements | 15% | - Statement template design - Generation and distribution process - Personalization and data display |
| Topic 6: Compensation Plan Setup | 20% | - Eligibility and routing rules - Merit, bonus, and equity plans - Plan creation and configuration |
1. Your customer uses the following planning fields in the compensation plan template Promotion Merit Adjustment Using the design worksheet in the Admin Tools, which standard field would you add to the compensation plan template to display the total amount awarded?
Please choose the correct answer.
Response:
A) Total Compensation In Local Currency
B) Total Raise
C) Total Compensation
D) Total Increase
2. When must you configure a template to be local currency centric?
There are 2 correct answers.
Response:
A) When you want the worksheet to display the budget in the local currency of the planner.
B) When you want the system to assign each employee to the correct currency code based on the employee's country.
C) When you want to import employee salary in the currency in which the employee is paid.
D) When you want planners to input data in the currency type in which the employee is paid.
3. This non-recurring compensation event can be cash or stock and can be peer-to-peer or granted thru manager hierarchy.
Please choose the correct answer.
Response:
A) Spot Awards
B) Options
C) Extra/Adjustment
D) Lump Sum
E) Merit
4. What can you do with a compensation profile?
There are 3 correct answers.
Response:
A) Import salary history into the profile
B) View budget.
C) Display salary history.
D) Enter recommendations.
E) Promote an employee
5. This feature will update in-progress worksheets should there be changes in the guideline formula.
Please choose the correct answer.
Response:
A) Enable Guideline Optimization
B) Reloadable setting in Design worksheet
C) Force Default rule settings
D) Update all Worksheets
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: A,C | Question # 3 Answer: A | Question # 4 Answer: C,D,E | Question # 5 Answer: A |
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