Question 1

You have configured a compensation plan to include ratings from the performance management system. For one particular division, the performance ratings have not been finalized and are shown as blank on the compensation worksheet. The manager updates the performance rating while allocating compensation. What happens in this case? (Choose the best answer.)

Options :

A : The rating will be available to only the plan where it is updated.

B : The rating will be available to all plans that are currently active.

C : The rating will be available in the Performance document in the performance system.

D : The rating will be available to only the plans where the same manager is involved.

Answer: C

Question 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.)

Options :

A : If user access should be based on career levels or earnings thresholds

B : If the plan is going to require updates that are driven by business users in the time frame of the next payroll cycle

C : if there should be a “white list” name criteria for access to the plan

D : if plan access should be related to HR actions

E : if there should be a time period in which a user can create, update, or discontinue allocations or contributions

F : whether or not to restrict access to the plan at all

Answer: A,D

Question 3

Which four options are valid refresh options for the Refresh Data process? (Choose four.)

Options :

A : Refresh HR Data

B : Refresh Base and Eligible Salary

C : Refresh Plan Access

D : Refresh Manager Hierarchy

E : Reevaluate Eligibility

F : Refresh Plan Currency

G : Refresh summary totals

Answer: A,D

Question 4

As compensation administrator, you are required to show “Actual amounts paid to the worker” in the Total Compensation Statement. To meet this requirement, which component must be created? (Choose the best answer.)

Options :

A : Compensation Item

B : Compensation Category

C : Compensation Source

D : Compensation Statement Definition

Answer: C

Question 5

Which three statements are true about individual compensation plans? (Choose three.)

Options :

A : A user’s ability to access or make updates to awards in individual compensation plans may be restricted by the user’s association to a Legislative Data Group.

B : Individual compensation plans are not necessary for payment of items such as spot bonus.

C : Individual compensation plans are necessary for payment of items such as spot bonus.

D : Workers are individual compensation plans to manage their own contributions to charitable or savings plans.

E : Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

Answer: A,C,D

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