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1. You client has a requirement that allows a salary adjustment based on the number of dependents the employee has, and this allowance must be mapped to a separate component. Because this allowance cannot have a logical mapping with any of the predefined components, you decide to create a new salary component called "Family Allowance".
Which option would you use to achieve this? (Choose the best answer.)
A) The Configure Compensation Component task in Manage plans
B) The Compensation Models
C) It is not possible to achieve this, because only the delivered salary components can be used.
D) The Salary Component Lookup
2. Which three dates are mandatory while creating plan cycles? (Choose three.)
A) Default Due Date
B) Evaluation Period Start Date
C) HR Data Extraction Date
D) Performance Rating Date
E) Worksheet Update Period Start Date
F) Plan Access Start Date
3. Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)
A) Create a Rating Level for the rating model.
B) Populate Rating Categories for all rating levels.
C) Review points with from and to points entered for the rating level.
D) Create Target Distributions for each of the rating levels.
4. You are responsible for configuring variable allocations to manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)
A) The task applies to all allocations, uses two levels of the Supervisory list builder, and does not require a response from the current approver.
B) The task applies to selected allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
C) The task applies to all allocations, uses two levels of the Supervisory list builder, and requires a response from the current approver.
D) The task is only for notification and has no rules.
5. You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)
A) Approval routing
B) Plan access
C) Allocating budgets
D) Feedback survey
E) Sending Compensation alerts
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,E,F | Question # 3 Answer: B,D | Question # 4 Answer: B | Question # 5 Answer: A,C |
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