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Updated: Sep 06, 2026
Q & A: 88 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Compensation Elements and Calculations | 20% | - Salary, bonus, and equity components - Proration and currency conversion - Formulas and custom calculations |
| Compensation Plan Setup and Configuration | 20% | - Template creation and configuration - Plan settings and eligibility rules - Guideline tables and lookup rules |
| Data Integration and Import | 10% | - Compensation data migration - User data file import - Integration with Employee Central |
| Budget Management | 15% | - Budget calculation and allocation - Budget display and reporting - Budget validation and adjustment |
| Reporting, Statements and Workflows | 15% | - Compensation statement generation - Standard and custom reports - Approval workflows and routing |
| Compensation Worksheets and Interface | 20% | - Permissions and role-based access - Worksheet layout and field configuration - Hierarchies and route maps |
Question 1
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.
A. Use functional currency for the salary ranges.
B. Annualize all salary ranges.
C. Add the pay grade as a value in the pay matrix table.
D. Use four custom attributes.
Question 2
Which of the following fields can be included in the summary tab of the compensation worksheet? There are 2 correct answers
A. Merit increase
B. A custom field
C. Final salary
D. Compa-ratio
Question 3
You customer uses a multi-currency compensation plan template. Where can they update the exchange rate for US Dollars (USD) to Euros (EUR) using the Admin Tools? Please choose the correct answer.
A. Compensation Home -> Plan Setup -> Plan Details
B. Compensation Home -> Plan Setup -> Setting -> Currency settings
C. Compensation Home -> Actions for all Plans
D. Compensation Home -> Manage worksheets
Question 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 guideline field in the design worksheet labeled as "Stock Budget Allocation".
B. Create a custom field and pull data from the "STOCK_BUDGET_STOCK_AMOUNT" column of the user U data file (UDF)
C. Create a custom field and use the Direct Amount budget mode for stocks.
D. Add a new budget calculation based on "User" and use "STOCK_BUDGET_STOCK_AMOUNT" as the import key.
Question 5
You want to display the percentage of employees in each pay grade who are eligible to receive a stock grant.
Which of the following activities must you perform to do this? Please choose the correct answer.
A. Import the value TRUE in the STOCK_UNITS_ELIGIBLE column of the user data file (UDF) for users with eligible pay grades.
B. Create a custom stock field with a formula that calculates stock grant percentages per pay grade.
C. Create an eligibility engine rule in the Admin Tools which defines stock eligibility by pay grade.
D. Upload a stock participation guideline table CSV file in the Admin Tools.
Solutions:
| Question 1 Answer: C | Question 2 Answer: A,C | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: D |
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