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1. You set up a merit guideline rule based on the performance rating. You import guideline formulas as shown in the attached screenshot. According to the imported formulas, what is the minimum merit guideline if an employee's performance rating is 4?
Please choose the correct answer.
Response:
A) 2%
B) 0%
C) 1%
D) 4%
2. Which tool creates cost projections and set targets based on location, performance level or benchmark?
Response:
A) Guideline modeling
B) Compensation Profile
C) Cascading budget
D) Budget rules
3. When must you configure a template to be local currency centric?
There are 2 correct answers.
Response:
A) When you want the worksheet to display the budget in the local currency of the planner.
B) When you want the system to assign each employee to the correct currency code based on the employee's country.
C) When you want to import employee salary in the currency in which the employee is paid.
D) When you want planners to input data in the currency type in which the employee is paid.
4. Review the final figure for each component of the compensation plan for your group. For more information about the approval process, please refer to the process document.
Please choose the correct answer.
Response:
A) The Enable Rollup Reports option is NOT selected in the advanced settings.
B) The <comp-include-report> option is NOT set in the compensation plan template XML.
C) The user does NOT have the compensation rollup permission in role-based permissions.
D) The Use Form Creation Hierarchy for Compensation Rollup Rep ort option is NOT selected in the advanced settings.
5. Which report can aggregate compensation details form multiple plans?
There are TWO answers for this question
Response:
A) Executive Review
B) Adhoc report
C) Aggregate export
D) Online Report Designer
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: A,C | Question # 4 Answer: B | Question # 5 Answer: B,D |
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