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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Individual Compensation | 20% | - Set up approvals, history and eligibility - Define and configure individual compensation plans |
| Topic 2: Workforce Compensation | 25% | - Performance ratings, approvals and administration - Plan design, setup and configuration - Budgets, models, worksheets and cycles - Validation, batch processes and change statements |
| Topic 3: Elements, Balances, and Formulas | 15% | - Configure balances and formulas for compensation - Explain element classifications and eligibility |
| Topic 4: Total Compensation Statements | 15% | - Define statement definitions and items - Generate and manage compensation statements |
| Topic 5: Base Pay Configuration | 25% | - Set up salary basis and components - Configure compensation zones and base pay structures - Manage grade rates, salary ranges and progression ladders |
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 Salary Component Lookup
B) The Compensation Models
C) The Configure Compensation Component task in Manage plans
D) It is not possible to achieve this, because only the delivered salary components can be used.
2. Identify the list builder that is used in the delivered variable allocation task that appears to all allocations. (Choose the best answer.)
A) Dynamic Approval Group
B) Position Hierarchy
C) Auto Approval
D) Static Approval Group
E) Supervisory Hierarchy
3. When initiating an award, what is correct regarding possible workflow tasks? (Choose the best answer.)
A) You must use VariableAllocationTask and edit the rules if using only for notification.
B) You must use VariableAllocationTask and not VariableAllocationFYITask.
C) You may use either VariableAllocationTask and VarialbeAllocationFYITask
D) You must use VariableAllocationFYITask and not VariableAllocationTask.
4. The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population. Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet? (Choose the best answer.)
A) Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
B) Run the Start Workforce Compensation Cycle process.
C) Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.
D) Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
5. As an implementation consultant, you are required to define a total compensation statement. You are creating the compensation items for Salary, Merit Increase, and so on. Identify one set of values that Compensation Items can hold. (Choose the best answer.)
A) Monetary, Nonmonetary, Timestamp, Text
B) Monetary, Timestamp, Boolean
C) Monetary, Nonmonetary, Date, Text
D) Monetary, Nonmonetary, Date, Boolean
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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