Question 1

Your customer wants to limit contributions to a particular individual compensation plan to workers with at least a year of service. How should you accomplish this? (Choose the best answer.)

Options :

A : Create a relevant eligibility profile and associate it with the plan.

B : Create user-defined criteria, and then create the eligibility profile and plan.

C : Create a derived factor, and then create the eligibility profile and plan.

D : Create an eligibility profile with the exclude option and associate it with the plan

E : Use a fast formula to restrict access to the plan.

Answer: A

Question 2

As compensation manager, you are generating a total compensation statement for a corporation. Which two options are mandatory to be used as inputs while generating the total compensation statement? (Choose two.)

Options :

A : Statement Definition Name

B : Statement Period

C : Legal Employer

D : Compensation Category

Answer: B,D

Question 3

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 4

As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created? (Choose two.)

Options :

A : The automatically created Amount input value is identified as the primary input value.

B : No additional configuration is required to attach this element to the workforce compensation plan component.

C : You must manually mark the Amount input value as the primary input value in the Special Purpose field.

D : Element entries are created for all the input values of the element.

E : It is possible to link the same element but different input values to different components or options within the same compensation plan.

Answer: A,B

Question 5

Identify the four correct options about the summary tables in the compensation history. (Choose four.)

Options :

A : The Salary summary table gives detailed information about salary history, percentage change, compa-ratio, and growth rate.

B : The Stock summary table gives detailed information about grant date and price, granted, vested, and unvested shares, and the estimated value of unvested shares.

C : The summary table of other compensation gives detailed information about effective date, amount, currency, and grand total information about all awards.

D : The summary table of recruiting payments gives detailed information about effective date, amount, currency, and grand total information for an individual award or compensation amounts.

E : The summary table of payroll elements gives detailed information about element, input value, actual value and the grand total for the year.

Answer: A,B,D

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