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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Compensation Planning & Budgeting | 20% | - Budget Roll-up & Approval - Merit, Bonus & Equity Planning - Budget Setup & Distribution - Range Penetration & Compa-Ratio |
| Topic 2: Compensation Plan Setup & Configuration | 25% | - Eligibility Rules - Plan Dates & Cycles - Role-Based Permissions - Plan Template Creation |
| Topic 3: Workflows, Statements & Reporting | 15% | - Compensation Statements - Workflow Configuration - Ad Hoc & Standard Reports - Executive Review |
| Topic 4: Compensation Worksheets & Fields | 25% | - Guidelines & Validation Rules - Field Attributes & Permissions - Form Layout & Design - Standard & Custom Fields |
| Topic 5: Data Integration & Employee Central | 15% | - EC Integration Configuration - Data Import & Mapping - HRIS Sync & Validation - Refresh & Reload Mechanisms |
1. For which customer requirement do you need to develop a custom statement?
A) Field visibility is conditional on amount
B) Mix of data from compensation and variable pay
C) Pie graph showing compensation element attribution
D) Different statements per employee group
2. Your customer is based in the UK and has a functional currency of GBP. However, they also have offices in the US (USD). France (EUR), and Germany (EUR) They would like the budget displayed in local currency for alt planners for example. German planners see the budget in EUR. not GBP.How can you best accomplish this?Note There are 2 correct answers to this question
A) Disable Functional Currency mode
B) Enable Planner Currency mode
C) Use budget grouping and group on the local currency code
D) Have four separate templates, one for each country
3. Your client has a requirement for the salary process where the approval workflow should have the following main steps.1.Manager makes recommendations/2.Next Level Manager approves the recommendations but CANNOT send the form back for changes/3.Third level manager reviews the approval and CAN send the form back to the Next Level Manager for changes.How can you set up the system to meet this requirement?
A) In the route map use an Iterative step as the third step with EM as the Entry User and EMM as the Exit User.
B) In the route map assign the third step to EMM and use the Out of Turn Access option under Advanced Options
C) In the route map use a Collaboration step as the third step with EM as the Entry User and EMM as the Exit User
D) In the route map use a Collaboration step as the third step with EM as the Entry User and EMM as the Exit User
4. Which information is included in the rollup report?Note There are 2 correct answers to this question
A) The detail of planning decisions for each employee in the hierarchy
B) The sum of budget and total spend for each planner in the hierarchy
C) The sum of budget and total spend for each division department or location
D) The average bonus payout amount
5. Your customer wants to include information on the planning form that is visible and read-only to planners, but may be edited by the Reward Team. How can you achieve this?
A) Configure a custom field and set the field to be reportable
B) Configure a custom field and use field-based permissions to set the field to be hidden from planners
C) Configure a custom field and use field based permissions to set the field to be non-editable to planners
D) Configure a custom field and set the field to read-only
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,C | Question # 3 Answer: D | Question # 4 Answer: A,B | Question # 5 Answer: B |
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