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NEW QUESTION 28
What happens when you define Workforce Compensation Plan components but the employees to whom the compensation change is being administered does not have any component in his or her salary? (Choose the best answer.)

  • A. The last component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.
  • B. The sum of all components identified to be posted as salary is posted as a single salary adjustment amount to the employee's salary record.
  • C. The component adjustment is not posted as a salary adjustment to the employee's record. While designing the compensation plan, it has to be kept in mind that the plan components must have a direct mapping with the employee's salary components.
  • D. The first component is automatically mapped to the salary and the amount associated with this component is posted as a salary adjustment to the employee record.

Answer: A

 

NEW QUESTION 29
An organization uses Compensation Statement for its workers in the UK. One of the categories used in the statement has the display name as One-Time Bonus. As an implementation consultant, you are in the process of configuring a new Compensation Statement for workers in Indi a. You decide to reuse the category for the new Compensation Statement. In the process of configuring the Statement Definition, you update the Compensation Category display name to Annual Bonus. However, when the Compensation Statement for workers in the UK displays, it continues to show the Category display name as One-Time Bonus.
What is the cause for this? (Choose the best answer.)

  • A. Workers in the UK need to refresh their statements in order to see the updated display name.
  • B. The Compensation Category display name is specific to a Statement Definition.
  • C. After the Compensation Statement is generated for workers in India, the Category display name of Annual Bonus will start reflecting in the Compensation Statement of workers in the UK.
  • D. The Compensation Statement Definition synchronization process needs to be run to update the Compensation Category display name in all statement definitions.

Answer: C

 

NEW QUESTION 30
Performance Ratings are enabled in a compensation plan and a Rating Model is supposed to be created. Which two mandatory tasks are involved in creating the Rating Model? (Choose two.)

  • A. Create Target Distributions for each of the rating levels.
  • B. Create a Rating Level for the rating model.
  • C. Review points with from and to points entered for the rating level.
  • D. Populate Rating Categories for all rating levels.

Answer: A,D

 

NEW QUESTION 31
You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)

  • A. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.
  • B. Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details, Run the Start Compensation Cycle process.
  • C. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
  • D. Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.
  • E. Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process

Answer: D

 

NEW QUESTION 32
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