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NEW QUESTION 1
Your customer wants to give its employees a way to donate to charity. This donation could be started anytime in the year and can be updated or stopped only during the month of September.
Identify the correct set of plan restriction to achieve the desired results. (Choose the best answer.)
- A. The individual compensation plan must be set up with “NO” for plan access restriction.
- B. The individual compensation plan must be set up with the following restrictions: New Allocations: AlwaysUpdate Allocations: Specific period Sep 1– Sep 30 Withdraw Allocations: Specific period Sep 1 – Sep 30
- C. The individual compensation plan must be set up with the following restrictions: Create Allocations: AlwaysUpdate Allocations: Specific period Sep 1 – Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30
- D. The individual compensation plan must be set up with the following restrictions: New Allocations: AlwaysUpdate Allocations: Specific period Sep 1–Sep 30 Discontinue Allocations: Specific period Sep 1 – Sep 30
Answer: B
NEW QUESTION 2
As an implementation consultant, you have created compensation items for the total compensation statement but have not attached them to compensation categories.
In this situation, which statement is correct? (Choose the best answer.)
- A. You can add items to statement definitions directly.
- B. To include items in statements you must add items to a compensation category.
- C. You cannot add items to statement definitions directly, and you cannot add items to a compensation category.
- D. You can add items to statement definitions directly, and to include items in statements you must add items to a compensation category.
Answer: B
NEW QUESTION 3
An Organization tracks compensation that is not stored in the Benefit Balance, Element Entry, External Data, and Payroll Balance source types. Which three statements are true about configuring Compensation Items for a Compensation Statement? (Choose three.)
- A. Currency can be used as Context when implementing the source type for such Items.
- B. Effective Date can be used as Context when implementing the source type for such Items.
- C. Legislative Data Group ID can be used as Context when implementing the source type for such Items.
- D. Manager ID can be used as Context when implementing the source type for such Items.
- E. Person ID can be used as Context when implementing the source type for such Items.
Answer: ABC
NEW QUESTION 4
You create a compensation plan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)
- A. Only within the current compensation plan and all cycles associated with it
- B. Only within the current compensation plan and the current cycle
- C. To the current compensation plan and the Performance Management system
- D. To the current compensation plan and HR system
Answer: A
NEW QUESTION 5
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.)
- 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: DEF
NEW QUESTION 6
The manager administering compensation has the option to create budget models to be used to allocate compensation.
Which four options regarding compensation modeling are correct? (Choose four.)
- A. Modeling enables managers to automatically allocate compensation to employees who meet certain criteria.
- B. Managers can create their own models and use them.
- C. Managers cannot share a model created by them.
- D. Managers can use a model created by compensation professionals.
- E. Access of a model is limited only to the creator of the model.
- F. A model can be shared with the direct reports of the creator.
Answer: ABDF
NEW QUESTION 7
Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)
- A. Components
- B. Plan Currency
- C. Plan Access
- D. Alerts
- E. Feedback Survey
Answer: ABC
NEW QUESTION 8
A corporation implemented Fusion Compensation and wants to validate the salaries with the setup. Select the two options that are true about validation setup. (Choose two.)
- A. Using grade rate validation, a warning message can be generated when the new or adjusted salary is outside the range of salary configured in the grade rate attached to the salary basis.
- B. Using grade rate validation, approval can be prevented when the new or adjusted salary is outside the range of salary configured in the grade rate attached to salary basis.
- C. Using either a formula at the element level or criteria at the element link level, a warning message can be generated when a new or adjusted salary does not pass the configured validation.
- D. Using either a formula at the element level or criteria at the element link level, approval can be prevented when the new or adjusted salary does not pass the configured validation.
Answer: AD
NEW QUESTION 9
Which four options are valid refresh options for the Refresh Data process? (Choose four.)
- 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: ADEG
NEW QUESTION 10
The compensation manager wants to run the batch process to start the compensation cycle. Which statement correctly describes the Back Out Workforce Compensation Data process? (Choose the best answer.)
- A. It backs out started and processed events for participants.
- B. It removes unneeded transaction data from prior plan cycles.
- C. It reverses a completed Start Workforce Compensation Cycle process or removes posted salary, payroll, and HR changes.
- D. It backs out unrestricted events for participants.
Answer: C
NEW QUESTION 11
As compensation manager, you are creating a Salary compensation item to define a total compensation statement. Which two statements are correct about compensation items? (Choose two.)
- A. Compensation items are the foundation upon which the Compensation Statement is built.
- B. Compensation items cannot be used across statement definitions.
- C. Compensation items need not be mapped to the specific source from which the compensation information is retrieved.
- D. Compensation items can be added to statement definitions directly.
- E. Compensation items are added to a compensation category to include them in statements.
Answer: AE
NEW QUESTION 12
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.)
- 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
NEW QUESTION 13
Which three statements are true regarding plan cycles? (Choose three.)
- A. All active plans are available to be cross-referenced, even plans with no started cycles.
- B. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
- C. Active plans are available to be cross-referenced, except plans with no started cycles.
- D. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.
- E. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
Answer: ABE
Explanation:
All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision.
You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.
NEW QUESTION 14
What is the relationship between Net Pay and Earnings? (Choose the best answer.)
- A. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the deductions calculated for the run.
- B. Net Pay is a calculated balance that is standard earnings minus all the deductions calculated for the run.
- C. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings for the run.
- D. Net Pay is a calculated balance that is the sum of standard earnings and supplemental earnings minus all the non-voluntary deductions calculated for the run.
Answer: A
NEW QUESTION 15
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
- A. 1.Personal deduction card (payroll relationship level). 2. Tax reporting unit deduction car
- B. 3. Payroll statutory unit deduction car
- C. 4. Payroll deduction range values (legislative data group level).
- D. 1. Personal deduction card (payroll relationship level). 2. Payroll statutory unit deduction car
- E. 3. Tax reporting unit deduction car
- F. 4. Payroll deduction range values (legislative data group level).
- G. 1. Payroll statutory unit deduction car
- H. 2. Tax reporting unit deduction car
- I. 3. Payroll deduction range values (legislative data group level) 4. Personal deduction card (payroll relationship level).
- J. 1.Personal deduction card (payroll relationship level). 2. Payroll deduction range values (legislative data group level) 4. Payroll statutory unit deduction car
- K. 4. Tax reporting unit deduction card.
Answer: A
NEW QUESTION 16
A corporation has generated total compensation statements and all workers received their total compensation statements. As a compensation executive, you realize that some corrections are needed in the generated statements.
Which corrective action will you take? (Choose the best answer.)
- A. Educate the workers that corrections are not possible after the total compensation statements have been generated.
- B. Ignore any corrective action.
- C. Edit “Statement Definition,” make the required corrections, and regenerate the total compensation statements as a newer version.
- D. Start manual changes in each worker’s total compensation statement.
Answer: C
NEW QUESTION 17
How can you use an earnings element to manage the calculation and payment of absences? (Choose the best answer.)
- A. Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.
- B. Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.
- C. Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
- D. Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.
Answer: D
NEW QUESTION 18
Per your client’s policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is . (Choose the best answer.)
- A. Eligible
- B. Ineligible
- C. Restricted
- D. Limited
- E. Provisional
Answer: C
NEW QUESTION 19
In the workforce compensation work area, the Manager’s Worksheet Status is “In Approvals”. What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)
- A. A budget was published to the manager.
- B. The manager submitted his or her worksheet for approval.
- C. The first-level manager approved the manager’s worksheet.
- D. The highest-level manager or approver in the approval hierarchy approved the manager’s worksheet.
- E. The manager saved some changes to his or her worksheet.
Answer: C
NEW QUESTION 20
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.)
- 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: AB
NEW QUESTION 21
Which statement is correct about secondary element classifications? (Choose the best answer.)
- A. They are user-defined and can be edited.
- B. They are user-defined and cannot be edited.
- C. They are predefined and can be edited.
- D. They are predefined and cannot be edited.
Answer: C
NEW QUESTION 22
Identify the two valid formula types applicable for Workforce Compensation Plans. (Choose two.)
- A. Compensation Currency Selection
- B. Compensation Organization Selection
- C. Compensation Item Selection
- D. Compensation Person Selection
- E. Compensation amounts Selection
Answer: CE
NEW QUESTION 23
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.)
- A. Compensation Item
- B. Compensation Category
- C. Compensation Source
- D. Compensation Statement Definition
Answer: C
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