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| Section | Weight | Objectives |
|---|---|---|
| Employee Data and Eligibility | 8%-12% | - Import and eligibility rules
|
| Permissions and Executive Review | 8%-12% | - Security and review process
|
| Compensation Worksheets | 12%-16% | - Worksheet configuration
|
| Compensation Plan Templates | 8%-12% | - Plan template configuration
|
| Reports and Statements | 8%-12% | - Output and reporting
|
| Integration and Implementation | 8%-12% | - System integration
|
| Guidelines and Recommendations | 8%-12% | - Compensation guidelines
|
| Budget Management | 12%-16% | - Budget configuration
|
| Salary and Stock Planning | 8%-12% | - Compensation components
|
1. You have defined the eligibility rules as shown in the attached screenshot. Budgeting is done as a percent
of the current salary. What can you see on the compensation form for an employee in Salary Plan PRM?
Please choose the correct answer.
Response:
A) The employee appears on the form, is NOT included in the total budget basis and CANNOT receive an
award amount in merit, adjustment or lump sum.
B) The employee does NOT appear on the form but their salary is included in the total budget basis.
C) The employee appears on the form and is included in the total budget basis but CANNOT receive an
award amount in merit, adjustment or lump sum.
D) The employee does NOT appear on the form and their salary is NOT included in the total budget basis.
2. What can you do with a compensation profile?
There are 3 correct answers.
Choose:
A) Enter recommendations.
B) Promote an employee
C) View budget.
D) Display salary history.
E) Import salary history into the profile
3. 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?
Please choose the correct answer.
A) <comp-number-format-extid="defMoneyFormat" mode="truncate" useFor="money">
<comp-number-format-ext-format><![CDATA[#,100]]></comp-number-format-ext-format>
B) <comp-number-format-ext id="defMoneyFormat" mode="truncate" useFor="money">
<comp-number-format-ext-format><![CDATA[#,#0]]></comp-number-format-ext-format>
<comp-number-format-ext-multiple roundingMode="halfUp">100</ comp-number-format-ext-multiple>
C) <comp-number-format-ext id="defMoneyFormat" mode="truncate" useFor="money">
< comp-number-format-ext-format><![CDATA[#,#00]]></comp-number-format-ext-format>
D) <comp-number-format-ext id="defMoneyFormat" mode="round" useFor="money">
< comp-number-format-ext-format><![CDATA[#,#00]]></comp-number-format-ext-format>
4. Which of the field can you use when you set up forced comments in the compensation plan template?
There are 2 correct answers. Choose:
A) bonus
B) promotion
C) custom
D) lumpSum
5. Where must you update the instructions that appear at the top of a compensation worksheet?
Please choose the correct answer.
Choose one:
A) Under Admin Tool -> Plan Setup -> Settings
B) Under Provisioning -> Company Setting
C) Under Provisioning ->Succession Data Mode
D) Under Admin Tool -> Plan Setup -> Design Worksheet
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D,E | Question # 3 Answer: B | Question # 4 Answer: A,D | Question # 5 Answer: D |
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