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| Section | Weight | Objectives |
|---|---|---|
| Permissions and Executive Review | 8%-12% | - Security and review process
|
| Compensation Worksheets | 12%-16% | - Worksheet configuration
|
| Compensation Plan Templates | 8%-12% | - Plan template configuration
|
| Integration and Implementation | 8%-12% | - System integration
|
| Salary and Stock Planning | 8%-12% | - Compensation components
|
| Employee Data and Eligibility | 8%-12% | - Import and eligibility rules
|
| Reports and Statements | 8%-12% | - Output and reporting
|
| Guidelines and Recommendations | 8%-12% | - Compensation guidelines
|
| Budget Management | 12%-16% | - Budget configuration
|
You want to configure a compensation plan template for your customer. Where can you find the initial
compensation plan template?
There are 2 correct answers.
Response:
Correct Answer: A,C 🗳️
Your customer gives planners total discretion within their budget for merit planning and does NOT use
guidelines. Your customer also prorates final payouts according to how many months the employee has
been with the company. How can you accomplish this?
Please choose the correct answer.
Response:
Correct Answer: D 🗳️
When would you create budget groups?
There are 2 correct answers.
Choose:
Correct Answer: A,B 🗳️
The following tag in the compensation template XML is incorrect and is causing an error when you try to
save the template in provisioning
<comp-field-label><![CDATA[Merit Increase Guideline]</comp-fieldlabel>.
What is the reason for the error?
Please choose the correct answer.
Response:
Correct Answer: D 🗳️
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:
Correct Answer: D 🗳️
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