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| Section | Objectives |
|---|---|
| Topic 1: Base Compensation Configuration | - Grade, grade step, and salary structure configuration - Salary basis setup |
| Topic 2: Total Compensation Configuration | - Compensation statements setup - Budgeting and allocation rules |
| Topic 3: Workforce Compensation Implementation | - Compensation plans setup - Eligibility and workforce rules |
| Topic 4: Elements and Compensation Basics | - Element configuration and usage in compensation plans - Earnings and deductions setup |
| Topic 5: Security and Administration | - Roles and data security for compensation - Access and approval flows |
1. As an implementation consultant, you have defined a total compensation statement. You have defined three compensation items (a new hire bonus, a profit sharing bonus, and a quarterly bonus), which are attached to the bonus category. You no longer need the quarterly bonus item but you are unable to delete it.
Which statement is true for the given scenario? (Choose the best answer.)
A) More than one administrator might be using the item and, therefore, it cannot be deleted.
B) The item cannot be deleted, because it is attached to a category.
C) The above scenario does not stand true as the item can be deleted.
D) Before deleting the item, you must configure a zero value behavior for the item.
2. Plan access restrictions control the situations in which an individual compensation plan is available for allocations or contributions by a line manager or worker, and regulate a user's ability to create, update, or discontinue allocations or contributions under the plan. What are three common decisions to make about plan access? (Choose three.)
A) if there should be a time period in which a user can create, update, or discontinue allocations or contributions
B) if plan access should be related to HR actions
C) if there should be a "white list" name criteria for access to the plan
D) If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle
E) If user access should be based on career levels or earnings thresholds
F) whether or not to restrict access to the plan at all
3. Which two tasks are true about components in worksheet configurations? (Choose two.)
A) There is the flexibility to add any number of components within a compensation plan.
B) Plans must have at least one component if awarding compensation.
C) Each component has to be of a separate type, such as salary or bonus.
D) You can create up to five components to represent the different types of compensation that you want to award within a plan.
4. A compensation administrator has set up a Workforce Compensation Plan with Budget Pools. Manager Level Budgeting is enabled for the pool and default budget values have been configured for the following columns on the Configure Budget Page Layout page:
Budget Distribution Amount or Budget Distribution Percentage columns on the Detail Table tab Budget Amount or Budget Percentage columns on the Summary Columns tab To distribute the budgets automatically, the compensation administrator should run __________. (Choose the best answer.)
A) the Start Compensation Cycle process. After this, the Administrator should create a model to distribute the budgets.
B) the Validate Plan Setup process
C) the Refresh Data process
D) the Start Compensation Cycle process
5. Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)
A) Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.
B) Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.
C) Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.
D) Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C,D,E | Question # 3 Answer: B,D | Question # 4 Answer: A | Question # 5 Answer: D |
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