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| Section | Weight | Objectives |
|---|---|---|
| Total Compensation Statements | 15% | - Generate and manage compensation statements - Define statement definitions and items |
| Elements, Balances, and Formulas | 15% | - Explain element classifications and eligibility - Configure balances and formulas for compensation |
| Base Pay Configuration | 25% | - Set up salary basis and components - Configure compensation zones and base pay structures - Manage grade rates, salary ranges and progression ladders |
| Individual Compensation | 20% | - Set up approvals, history and eligibility - Define and configure individual compensation plans |
| Workforce Compensation | 25% | - Performance ratings, approvals and administration - Budgets, models, worksheets and cycles - Plan design, setup and configuration - Validation, batch processes and change statements |
1. Which two methods can be used by the compensation administrator to publish budgets? (Choose two.)
A) Copy budget amounts from a previous cycle.
B) Use a model to distribute budgets.
C) Publish budgets manually.
D) Publish budgets automatically by running the Build Model process.
2. Your customer's Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
Evaluation Period Start Date: 1-Jan-2014
Evaluation Period End Date: 31-Dec-2014
Worksheet Update Period Start Date: 1-Jan-2014
Worksheet Update Period End Date: 31-Dec-2014
HR Data Extraction: 31-Dec-2014
Eligibility Determination Date: 31-Dec-2014
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
A) The salary adjustment or lumpsum effective date must be earlier than or equal to the worker's termination date.
B) The salary adjustment or lumpsum effective date must be later that the worker's payroll last standard process date.
C) Terminated workers should be excluded from being processed in Workforce Compensation plans.
D) The salary adjustment or lumpsum must be manually calculated and added for such workers.
E) The worker termination date should be changed to reflect the same date as the HR Data Extraction date.
3. While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)
A) Enable components and create at least one component (Configure Compensation Components).
B) Configure related components (Configure Worksheet Page Layout: Detail Table tab.)
C) Enable components and create a component linked to the budget pool (Configure Compensation Components).
D) Enable the Communications tab type (Configure Worksheet Page Layout).
4. While configuring a plan cycle, you have set the Worksheet update start and end dates as 15-Apr-2014 and 31-May-2014, respectively. However, when a manger logs into the workforce compensation area on 5-Apr-2014, he is able to see the active plan, but in read-only mode.
What could be the possible reason for this? (Choose the best answer.)
A) Active plans are always shown in read-only mode form the Evaluation period start date, which is always prior to the Worksheet update date.
B) Active plans are always shown in read-only mode until the Worksheet update period starts.
C) Active plans are always shown in read-only mode from the Plan Access start date, which is generally prior to the Worksheet update date.
D) Active plans are always shown in read-only mode once it is past the eligibility determination date.
5. What is the relationship between Net Pay and Earnings? (Choose the best answer.)
A) Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.
B) Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.
C) Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.
D) Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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