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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Budget Management | 15% | - Budget calculation and allocation - Budget display and reporting - Budget validation and adjustment |
| Topic 2: Compensation Plan Setup and Configuration | 20% | - Guideline tables and lookup rules - Plan settings and eligibility rules - Template creation and configuration |
| Topic 3: Compensation Elements and Calculations | 20% | - Salary, bonus, and equity components - Proration and currency conversion - Formulas and custom calculations |
| Topic 4: Reporting, Statements and Workflows | 15% | - Standard and custom reports - Approval workflows and routing - Compensation statement generation |
| Topic 5: Compensation Worksheets and Interface | 20% | - Worksheet layout and field configuration - Permissions and role-based access - Hierarchies and route maps |
| Topic 6: Data Integration and Import | 10% | - Integration with Employee Central - Compensation data migration - User data file import |
1. You configure the following salary rule in the compensation plan template XML. <comp-salary-rule use For-'merit" benchmark-'range-penetration" actionOnExceed="disallow">
A) A popup message asks the planner if the exceeded amount should be assigned to lump sum. The ^ planner can save the merit recommendation by selecting "Cancel" in the pop-up message.
B) A popup message asks the planner if the exceeded amount should be assigned to lump sum. The ^ planner cannot save the merit increase by selecting "Cancel" in the pop-up message.
C) The rule alerts the planner that the range penetration threshold has been exceeded and the merit field ^ text turns red. The planner saves the merit recommendation.
D) The rule prevents the planner from saving the merit increase. The planner must go back and change their
^ merit recommendation.
2. Your customer's budget for merit is 3% of the employee's annual salary. A full time employee has worked for the company for half of the year. The guidelines for this employee show adjusted values for the 50% work time. Your customer does NOT want to give the manager the full budget for this employee. Only 50% of the employee's calculated budget is to be included in the budget total. How can you accomplish this? Please choose the correct answer.
A) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
B) Enable prorating in the budget calculation in the Admin Tool.
C) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
D) Enable prorating in the guidelines in the Admin Tools.
3. Your customer wants only users in Job Level A to be eligible for a one-time disbursement that does NOT contribute toward final salary. What can you do to fulfill this requirement? There are 2 correct answers
A) Import the value TRUE in the LUMPSUM_ELIGIBLE column of the user data file (UDF) for all Job Level A users.
B) Create an eligibility engine rule in the Admin Tools that restricts Job Level A users eligible for Lump Sum.
C) Create an eligibility engine rule in the Admin Tools that restricts non-Job Level A users from receiving Lump Sum 2.
D) Import the value FALSE in the LUMPSUM2_ELIGIBLE column of the user data file (UDF) for all users U EXCEPT Job Level A user.
4. Your customer wants to include confidential information in the planning process. This information should be viewed by the HR team. How can you achieve this? Please choose the correct answer.
A) Configure a custom field for the confidential data, and set field visibility to 'hide' for everyone except HR employees.
B) Configure a custom field for the confidential data, and set field visibility to 'view' for HR employees.
C) Configure a custom field for the confidential data, and use role-based permissions to make the field visible for HR employees.
D) Set the includeCompliance-'HR" in the compensation plan template XML.
5. You customer uses a multi-currency compensation plan template. Where can they update the exchange rate for US Dollars (USD) to Euros (EUR) using the Admin Tools? Please choose the correct answer.
A) Compensation Home -> Actions for all Plans
B) Compensation Home -> Manage worksheets
C) Compensation Home -> Plan Setup -> Plan Details
D) Compensation Home -> Plan Setup -> Setting -> Currency settings
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A,B | Question # 4 Answer: C | Question # 5 Answer: A |
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