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| Section | Objectives |
|---|---|
| Topic 1: System Configuration and Integration | - Data Model and Business Rules
|
| Topic 2: Compensation Administration | - Compensation Plan Setup
|
| Topic 3: Compensation Planning | - Salary and Bonus Planning
|
1. What is the definition of a role in role-based permissions? Please choose the correct answer.
Response:
A) A group of users who can be granted access to a target population.
B) A set of privileges that controls user access rights.
C) A group of users who share specific attributes.
D) A target population that a user can be granted access to.
2. What must you do before importing a currency conversion table into Admin Tools?
Please choose the correct answer.
Choose one:
A) Ensure all rates have fewer than three decimal places.
B) Save the table in the most recent version of Microsoft Excel.
C) Remove column headers and commas from the file.
D) Include currency rates for both directions of every currency pair
3. Your customer wants to change the background of the compa-ratio percent display.
Which tag in the compensation plan template XML can you use?
Please choose the correct answer.
Response:
A) comp-guideline-pattern
B) background Color
C) show ColorBar
D) comp-benchmark-color
4. Your customer is setting up a stock factor table based on job level, as shown in the attached screen shot.
Which job level is properly configured? Please choose the correct answer.
Response:
A) MGR_1
B) MGR_4
C) MGR_2
D) MGR_3
5. 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:
A) 100 shares of stock and 167 options
B) 125 shares of stock and 125 options
C) 25 shares of stock and 15 options
D) 200 shares of stock and 334 options
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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