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1. A planner recommends a $5000 equity award. Using the stock value table as shown in the attached screenshot and a 50/50 value awardsplit between stock and options, how many units of each does the employee receive?
Please choose the correct answer.
Response:
A) 100 shares of stock and 167 options
B) 25 shares of stock and 15 options
C) 125 shares of stock and 125 options
D) 200 shares of stock and 334 options
2. Your customer has different compensation plan templates for stock and compensation.
This customer therefore wants to use one combined compensation statement.
What can you use to achieve this?
Please choose thecorrect answer.
Choose one:
A) Role-based permissions
B) The interoperability option
C) The Assign Statement Groups option
D) The Secondary Plan option
3. Which rating source combinations can you use to configure a compensation plan template?
There are 2 correct answers.
Response:
A) A rating from a Performance Management (PM) form.An imported rating from the user data file for employees who do NOT have a PM form
B) A rating from a 360 formA Comp Rating from the compensation worksheet for employees who do NOT have a 360 form.
C) A rating from a Performance Management (PM) formAComp Rating from the compensation worksheet for employees who do NOT have a PM form.
D) A rating from a Performance Management (PM) form.A rating from a different PM form depending on which PM form was assigned to an employee.
4. Your customer is setting up a stock factor table based on job level, as shown in the attached screen shot. Which joblevel is properly configured?
Please choose the correct answer.
Response:
A) MGR_1
B) MGR_4
C) MGR_2
D) MGR_3
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) Use four custom attributes.
B) Annualize all salary ranges.
C) Use functional currency for the salary ranges.
D) Add the pay grade as a valuein the pay matrix table.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A,C | Question # 4 Answer: B | Question # 5 Answer: C |
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