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1. 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.
Response:
A) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
B) Enable prorating in the guidelines in the Admin Tools.
C) Enable prorating in the budget calculation in the Admin Tool.
D) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
2. Your customer gives planners total discretion within their budget for merit planning and does NOT use
guidelines. Your customer also prorates final payouts according to how many months the employee has
been with the company. How can you accomplish this?
Please choose the correct answer.
Response:
A) Use the Admin Tools to configure raise proration for date-based proration.
B) Set the include Raise Prorating option to "true" in the template XML and use imported proration.
C) Use the Admin Tools to configure salary proration for imported proration.
D) Set the include Salary Prorating option to "true" in the template XML and use imported proration.
3. Your customer requires the stock budget allocation for each employee to be visible on the compensation
worksheet. How can you achieve this?
Please choose the correct answer.
Response:
A) Add a new budget calculation based on "User" and use "STOCK_BUDGET_STOCK_AMOUNT" as the
import key.
B) Add a guideline field in the design worksheet labeled as "Stock Budget Allocation".
C) Create a custom field and use the Direct Amount budget mode for stocks.
D) Create a custom field and pull data from the "STOCK_BUDGET_STOCK_AMOUNT" column of the
user data file (UDF)
4. 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
B) Total Increase
C) Total Raise
D) Total Compensation In Local Currency
5. Review the final figure for each component of the compensation plan for your group. For more information
about the approval process, please refer to the process document.
Please choose the correct answer.
Choose one:
A) The Enable Rollup Reports option is NOT selected in the advanced settings.
B) The Use Form Creation Hierarchy for Compensation Rollup Rep ort option is NOT selected in the
advanced settings.
C) The user does NOT have the compensation rollup permission in role-based permissions.
D) The <comp-include-report> option is NOT set in the compensation plan template XML.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |
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