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| Section | Weight | Objectives |
|---|---|---|
| Implementation & Testing | 10% | - Configuration validation - Testing scenarios - Troubleshooting common issues |
| Compensation Plan Guidelines | 10% | - Template structure and setup - Plan configuration fundamentals |
| Managing Employee Data | 5% | - Data maintenance - Import/export employee data |
| Reporting & Analytics | 10% | - Standard compensation reports - Metrics and dashboards - Ad-hoc reporting |
| Permissions & Security | 10% | - Data access restrictions - Role-based permissions |
| Compensation Statements | 15% | - Statement template design - Generation and distribution |
| Compensation Worksheets | 20% | - Data population and validation - Worksheet layout and display - Form routing and approvals |
| Plan Settings & Configuration | 20% | - Budget setup and guidelines - Currency and exchange rates - Eligibility rules - Lookup tables and import |
1. What are the advantages of the PercentofMeritTarget budget mode? Please choose the correct answer.
A) It is easy to configure since it is based on employee performance and benchmarks.
B) It is flexible since it is NOT based on users' imported salaries.
C) It is client-specific and uses custom calculations if needed.
D) It is dynamicsince budgets recalculate when new targets are loaded.
2. Review the final figure for each component of the compensation plan for your group. For more information about theapproval process, please refer to the process document. Please choose the correct answer.
A) The user does NOT have the compensation rollup permission in role-based permissions.
B) The Enable Rollup Reports option is NOT selected in the advanced settings.
C) The <comp-include-report> option is NOT set in the compensation plan template XML.
D) The Use Form Creation Hierarchy for Compensation Rollup Rep ort option is NOT selected in the advanced settings.
3. Which compensation column in the User Data File (UDF) is required for multi-currency deployments? Please choose the correct answer.
A) Salary type
B) Functional currency code
C) Local currency code
D) Country
4. You configured merit guidelines as shown in the attached screenshot.
If an employee has a rating of 3.05 what would be the low to high guideline that would appear in the merit guideline column in the compensation worksheet?
Please choose the correct answer
A) 0% -10%
B) 3% - 5%
C) 0% - o%
D) 2% - 4%
5. Your customer wants to round up all dollar figures in the compensation form to the nearest hundred dollars.
What XML code do you need to include in the template to accomplish this?
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: Only visible for members |
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