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| Section | Objectives |
|---|---|
| Compensation Templates and Forms | - Template Configuration - Routing and Permissions |
| Reporting and Analytics | - Executive Review Dashboards - Compensation Reports |
| Variable Pay | - Bonus Calculation and Rules - Variable Pay Plans Setup |
| Compensation Administration | - Compensation Planning Overview - Compensation Process Configuration |
| Eligibility and Guidelines | - Merit and Budget Guidelines - Employee Eligibility Rules |
1. What must you do before importing a currency conversion table into Admin Tools?
Please choose the correct answer.
Response:
A) Ensure all rates have fewer than three decimal places.
B) Include currency rates for both directions of every currency pair
C) Save the table in the most recent version of Microsoft Excel.
D) Remove column headers and commas from the file.
2. Which actions can you perform on the Add/Edit Statement Templates screen in Admin Tools when creating a compensation statement from SuccessStore templates?
There are 3 correct answers.
Response:
A) Configure the statement for multiple languages.
B) Customize the statement text to fit your customer's company and culture.
C) Change the order of the compensation fields.
D) Configure the statement to include conditional logic for the statement text.
E) Reference the company logo URL and change the title of the statement.
3. Your customer wants to round up all dollar figures in the compensation form to the nearest hundred dollars. What XML code do you need to include in the template to accomplish this?
Please choose the correct answer.
Response:
A) <comp-number-format-ext id="defMoneyFormat" mode="truncate" useFor="money">
<comp-number-format-ext-format><![CDATA[#,#0]]></comp-number-format-ext-format>
<comp-number-format-ext-multiple roundingMode="halfUp">100</ comp-number-format-ext- multiple>
B) <comp-number-format-ext id="defMoneyFormat" mode="round" useFor="money">
<comp-number-format-ext-format><![CDATA[#,#00]]></comp-number-format-ext-format>
C) <comp-number-format-ext id="defMoneyFormat" mode="truncate" useFor="money">
<comp-number-format-ext-format><![CDATA[#,#00]]></comp-number-format-ext-format>
D) <comp-number-format-ext id="defMoneyFormat" mode="truncate" useFor="money">
<comp-number-format-ext-format><![CDATA[#,100]]></comp-number-format-ext-format>
4. 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) Grant all managers permission to launch statements.
C) Publish the final compensation data to the employee profile.
D) Recall compensation statements from the previous year.
5. Which Compensation plans are available in Success store?
Note :There are 2 correct answers to this question.
Response:
A) Long Term Incentive planning
B) Short Term Incentive planning
C) Management by Objectives (MBO) plannirg
D) Salary planning
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,C,E | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C,D |
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