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1. When would you run the Update All Worksheets function? There are 3 correct answers.
Response:
A) When an administration manually moves an employee to a new worksheet.
B) When a new hire or termination occurs.
C) When an administration changes the data in a look-up table.
D) When a manager makes a change to a performance rating on a performance form.
E) When an administration change the layout of the compensation plan template.
2. Your customer's budget for merit is 3% of the employee's annual salary. A full time employee has worked
for the company for half of the year. The guidelines for this employee show adjusted values for the 50%
work time.
Your customer does NOT want to give the manager the full budget for this employee. Only 50% of the
employee's calculated budget is to be included in the budget total. How can you accomplish this?
Please choose the correct answer.
Response:
A) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
B) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
C) Enable prorating in the guidelines in the Admin Tools.
D) Enable prorating in the budget calculation in the Admin Tool.
3. What must you do before generating compensation statements? Please choose the correct answer.
Response:
A) Send worksheets to the completed step in the route map.
B) Recall compensation statements from the previous year.
C) Grant all managers permission to launch statements.
D) Publish the final compensation data to the employee profile.
4. What are the advantages of the Percent of Merit Target budget mode? Please choose the correct answer.
Choose one:
A) It is client-specific and uses custom calculations if needed.
B) It is flexible since it is NOT based on users' imported salaries.
C) It is easy to configure since it is based on employee performance and benchmarks.
D) It is dynamic since budgets recalculate when new targets are loaded.
5. Which compensation function requires the job code and pay grade mapping table?
Please choose the correct answer.
Response:
A) Job Selector
B) Calculating Compa-Ratio
C) Compensation History
D) Cascading Budget
Solutions:
| Question # 1 Answer: B,C,D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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