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1. You are required to explain to your client the use of Hierarchy design in Compensation Process.
Which two Compensation-related activities use Hierarchy?
A) Allocating budgets
B) Feedback survey
C) Sending Compensation alerts
D) Approval routing
E) Plan access
2. Which three statements are true regarding Plan Cycles?
A) You can display a target amount or custom score from a previous plan cycle In the current plan cycle.
B) You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
C) Active plans are available to be cross-referenced, except plans with no started cycles.
D) All active plans are available to be cross-referenced, even plans with no started cycles.
E) You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
3. Your client is a consumer goods wholesaler. The client's organization has five departments.
While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees to that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department?
A) Request excess budget allocation from the manager above him.
B) Initiate budgets automatically by using the Start Compensation Cycle process.
C) Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
D) Publish the original budget to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
4. Which two methods can be used by the Compensation Administrator to publish budgets?
A) Publish budgets automatically by running the Build Model process.
B) Use a model to distribute budgets.
C) Copy budget amounts from a previous cycle.
D) Publish budgets manually.
5. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario?
A) Before deleting the item, you must configure a zero value behavior for the item.
B) The above scenario does not stand true as the item can be deleted.
C) The item cannot be deleted, because it is attached to a category.
D) More than one administrator might be using the item and, therefore, it cannot be deleted.
Solutions:
Question # 1 Answer: B,D | Question # 2 Answer: A,B,E | Question # 3 Answer: B | Question # 4 Answer: B,C | Question # 5 Answer: D |
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