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| Section | Weight | Objectives |
|---|---|---|
| Compensation Plan Setup & Configuration | 25% | - Plan Dates & Cycles - Eligibility Rules - Plan Template Creation - Role-Based Permissions |
| Compensation Planning & Budgeting | 20% | - Merit, Bonus & Equity Planning - Budget Roll-up & Approval - Budget Setup & Distribution - Range Penetration & Compa-Ratio |
| Compensation Worksheets & Fields | 25% | - Guidelines & Validation Rules - Standard & Custom Fields - Field Attributes & Permissions - Form Layout & Design |
| Workflows, Statements & Reporting | 15% | - Ad Hoc & Standard Reports - Compensation Statements - Executive Review - Workflow Configuration |
| Data Integration & Employee Central | 15% | - EC Integration Configuration - Data Import & Mapping - HRIS Sync & Validation - Refresh & Reload Mechanisms |
Question 1
Which actions are controlled by role-based permissions? Note There are 2 correct answers to this question.
A. Making changes through Executive Review
B. Editing columns on a worksheet
C. Opening compensation worksheets
D. Updating a Compensation Statement
Question 2
Your customer would Ike the Reward team to be able to override the final salary of the employee by directly entering in the final amount in Executive Review.However, they want to make sure that this is only posstole during the last week of the planning cycle How can you achieve this?
A. Create a custom editable Money field with field-based permissions set to read-only Change the permissions to editable on the correct date.
B. Create a custom read-only Money field and change read-only to No on the correct date.
C. Create a custom editable Money field In the formula to calculate the final salary, use the dateDIffO function to determine if the custom column can override the calculated value.
D. Create a custom editable Money field and use custom validation to check that values are not entered until the correct date.
Question 3
A customer would like percentage fields to only show decimal places if they are available. For example 40 00% should display as 40%,but if the percentage calculation is 40.54%. they want to display the decimal places.What number format should you use?
A. defAmountFormat # ##0
B. defPercentFormat #
C. defPercentFormat #
D. defPercentFormat #00
Question 4
What happens to compensation forms when the currency conversion table is updated during the planning period?
A. In-progress forms are only affected when Update All Worksheets is run
B. Only completed forms ate affected
C. In-progress forms are NOT affected
D. Change is dynamic to in-progress forms
Question 5
Your customer has the following requirements for their compensation plan.1 .Allow planners to make recommendations outside of the highlow values.2.Display only the max and min values in the compensation worksheet.Which guideline rule settings must you set to fulfill these requirements?
A. In Display Settings use min-max*Hard Limit No *High/Low Action Warn
B. In Display Settings use low-high*Hard Limit Yes*High/Low Action Allow
C. In Display Settings use min-max*Hard Limit Yes*High.tow Action Allow
D. In Display Settings use min-max*Hard Limit No*High/Low Action Allow
Solutions:
| Question 1 Answer: A,D | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: D |
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