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| Section | Objectives |
|---|---|
| Topic 1: Compensation Fundamentals | - Compensation Statements
|
| Topic 2: Data Integration and Administration | - Employee Data Management
|
| Topic 3: Security and Permissions | - Role-Based Permissions
|
| Topic 4: Compensation Worksheets Configuration | - Worksheet Setup
|
| Topic 5: Reporting and Analysis | - Compensation Reporting
|
1. Which of the following is a recommended option for updating the Employee Profile with compensation
data?
There are 2 correct answers.
Response:
A) Import historical compensation data in custom compensation columns on the user data file (UDF) and
create a custom background portlet to display the data.
B) Permission Human Resource users to enter compensation data on fields in a custom background
portlet as part of the profile completion process.
C) Publish new compensation data from the compensation worksheet directly to the Employee Profile in a
standard compensation portlet.
D) Create a custom portlet on the employee profile and import compensation data to the portlet using the
Import Extended User Information option.
2. A planner recommends a $5000 equity award. Using the stock value table as shown in the attached
screenshot and a 50/50 value award split between stock and options, how many units of each does the
employee receive? Please choose the correct answer.
Response:
A) 25 shares of stock and 15 options
B) 125 shares of stock and 125 options
C) 200 shares of stock and 334 options
D) 100 shares of stock and 167 options
3. You create a test User Data File (UDF) for use with a compensation template. The template uses the
Second Manager hierarchy. The CEO is head of both hierarchies.
In the user record of the CEO, what values would you use for the MANAGER and SECOND_MANAGER
columns?
Please choose the correct answer.
Response:
A) MANGER: blank SECOND_MANAGER: NO_MANAGER
B) MANGER: NO_MANAGER SECOND_MANAGER: blank
C) MANGER: NO_MANAGER SECOND_MANAGER: NO_MANAGER
D) MANGER: blank SECOND_MANAGER: blank
4. Your customer uses a look-up table to calculate custom budgets as shown in the attached screenshot.
The budget is based on an employee's country and status. In the template, the country is defined with the
field ID 'customCountry' and the status is defined with the field ID 'customStatus'.
You need to create a custom field that contains the look-up value foe the promotion budget percent. What
is the correct syntax for the calculated field?
Please choose the correct answer.
Response:
A) lookup("2012_Custom_Budget_Pool"' customCountry, customStatus,promotion)
B) lookup("2012_Custom_Budget_Pool"' customCountry, customStatus,3)
C) lookup("2012_Custom_Budget_Pool"' customCountry, customStatus,1)
D) lookup("2012_Custom_Budget_Pool"' customCountry, customStatus)
5. Which of the following types of statements are available to use in Success Store for compensation?
There are 2 correct answers.
Response:
A) Standard personal variable pay statement
B) Combined personal Compensation and variable pay statement
C) Simple personal compensation statement
D) Variable pay goal statement
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A,C |
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