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1. A customer using USD as functional currency would like to format Column Totals and Budgets to display
2 decimal places. What number format can be used?
Response:
A) defAmountFormat #, ##0.00
B) customMoneyFormat#.##0.00; useFor="Annual"
C) defMoneyFormat #, ##0.00 ; useFor="USD"
D) customMoneyFormat#.##0.00; useFor="USD"
2. This non-recurring compensation event can be cash or stock and can be peer-to-peer or granted thru manager hierarchy.
Please choose the correct answer.
Response:
A) Merit
B) Lump Sum
C) Options
D) Extra/Adjustment
E) Spot Awards
3. Which compensation column in the User Data File (UDF) is required for multi-currency deployments?
Please choose the correct answer.
Response:
A) Functional currency code
B) Country
C) Local currency code
D) Salary type
4. In Admin Tools, you load a pay matrix table as shown in the attached screenshot. You map attribute 1 to business unit and attribute 2 department. On the compensation worksheet, an employee is in the Operations department, the ABC business unit, and pay grade 3. The employee's current range penetration is calculated as exactly 100% What is the employee's current annual salary?
Please choose the correct answer.
Response:
A) 90000
B) 66000
C) 85000
D) 72000
5. Your customer is an international company with a wide variety of salary ranges. The customer wants to use compa ratio to determine merit guidelines. How could you configure the pay matrix table for this client?
Please choose the correct answer.
Response:
A) Annualize all salary ranges.
B) Use four custom attributes.
C) Use functional currency for the salary ranges.
D) Add the pay grade as a value in the pay matrix table.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: E | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
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