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1. What are the advantages of the PercentofMeritTarget budget mode? Please choose the correct answer.
A) It is easy to configure since it is based on employee performance and benchmarks.
B) It is dynamic since budgets recalculate when new targets are loaded.
C) It is client-specific and uses custom calculations if needed.
D) It is flexible since it is NOT based on users' imported salaries.
2. What is the correct format for the compensation aggregate report? Please choose the correct answer.
A) v4e
B) xls
C) csv
D) xml
3. In the user data file (UDF), what can you populate in the column
COMPENSATION_SALARY_RATE_UNITS? Please choose the correct answer.
A) 8.3%
B) MONTHLY
C) 012
D) $6,500
4. Your customer requires the stock budget allocation for each employee to be visible on the compensation worksheet. How can you achieve this?
Please choose the correct answer
A) Add a new budget calculation based on "User" and use "STOCK_BUDGET_STOCK_AMOUNT" as the import key.
B) Add a guideline field in the design worksheet labeled as "Stock Budget Allocation".
C) Create a custom field and pull data from the "STOCK_BUDGET_STOCK_AMOUNT" column of the user U data file (UDF)
D) Create a custom field and use the Direct Amount budget mode for stocks.
5. Which information is included in the rollup report? Please choose the correct answer.
A) The sum of budget and total spend for each planner in the hierarchy
B) The average bonus payout amount for each location
C) The sum of budget and total spend for each division, department, or location
D) The total number of employees that received a promotion summarized by job level.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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