QUESTION NO: 1
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)
Correct Answer: B,C
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QUESTION NO: 2
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)
Correct Answer: A,B,C
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QUESTION NO: 3
A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)
A corporation needs to set up a compensation plan for a Housing allowance that will allow the company to grant these allowances to only employees above a particular role.
Identify the option that indicates the correct way of implementing it. (Choose the best answer.)
Correct Answer: C
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QUESTION NO: 4
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.)
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.)
Correct Answer: B
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QUESTION NO: 5
What additional action would you recommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)
What additional action would you recommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)
Correct Answer: C
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QUESTION NO: 6
While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)
While implementing, you are grouping compensation items and categories for displaying them together.
Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)
Correct Answer: B,C,E
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QUESTION NO: 7
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 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.)
Correct Answer: A
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QUESTION NO: 8
Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)
Your customer wants line managers to be able to access the active workforce compensation plan during the first three months of the Plan period, but not to update it. The evaluation period start and end dates for the plan are January 1 to December 31 of the year.
How should you set this up? (Choose the best answer.)
Correct Answer: A
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QUESTION NO: 9
Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)
Which three tasks are part of Plan Foundation Configuration Options? (Choose three.)
Correct Answer: A,B,E
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QUESTION NO: 10
Which two statements are true about Base Pay? (Choose two.)
Which two statements are true about Base Pay? (Choose two.)
Correct Answer: B,C
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QUESTION NO: 11
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)
Correct Answer: C
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