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ERASED TEST, YOU MAY BE INTERESTED ONCOMP

COMMENTS STATISTICS RECORDS
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Title of test:
COMP

Description:
Compensation

Author:
Lalitha
(Other tests from this author)

Creation Date:
11/04/2019

Category:
Others

Number of questions: 32
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Content:
When should you configure a compensation template using the second manager hierarchy? Please choose the correct answer Your customer wants both the standard manager and the matrix manager to approve compensation Your customer wants someone other than the standard manager to make compensation recommendations Your customer wants to include inactive employees on the compensation worksheet Your customer has more than three manager approval levels in their route map.
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 Add a new budget calculation based on “User” and use “STOCK_BUDGET_STOCK_AMOUNT” as the import key Add a guideline field in the design worksheet labeled as “Stock Budget Allocation”. Create a custom field and pull data from the “STOCK_BUDGET_STOCK_AMOUNT” column of the user data file (UDF) Create a custom field and use the Direct Amount budget mode for stocks.
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 the correct answer The Secondary Plan option Role-based permissions The Assign Statement Groups option The interoperability option.
Your customer notices incorrect data in the standard Current Salary column on a launched compensation worksheet. What must the customer do to correct the salary data on the worksheet? Please choose the correct answer Import the correct data in the SALARY and COMPENSATION_SAL_RATE_UNITS columns of the user data file (UDF). Import the correct data for Current Salary through Executive Review offline edits. Select ‘No’ for the ‘Read-only’ option of the Current Salary column in the Column Designer and enter the correct data on the worksheet. Enter the correct Current Salary data directly on the worksheet using Executive Review.
A planner recommends a $5000 equity award. Using the stock value table as shown in the attached screenshot and a 50/50 value award split between stock and options, how many units of each does the employee receive? Please choose the correct answer 100 shares of stock and 167 options 25 shares of stock and 15 options 200 shares of stock and 334 options 125 shares of stock and 125 options.
According to SuccessFactors’ best practice, what must you include when you set up a compensation route map? Please choose the correct answer A staging step as the last modify step A signature step as the final step before completion The Get Feedback button in the HR approval step At least five steps of manager review and approval.
In the user data file (UDF), what can you populate in the column COMPENSATION_SALARY_RATE_UNITS? Please choose the correct answer 12 $6,500 MONTHLY 8.3%.
Your customer has customized two compensation statements from the SuccessStore. One statement is used for employees in the Manufacturing department and the other is used for all other employees. How do you make sure that the Manufacturing employees receive the proper statement? Please choose the correct answer Assign statement groups under Complete Compensation Cycle. Use role-based permissions in Admin Tools Set default permissions for the statement template under Action for All Plans. Make the Manufacturing statement template the default template.
Your customer is using standard SuccessFactors fields and would like to display compensation data on their employee’s live profile. What is the correct sequence of steps you must perform to accomplish this? Please choose the correct answer Publish data to the employee profile. Create a portlet in the Admin Tools. Add the background element section in the data model. Add the background element section in the data model. Publish data to the employee profile. Create a portlet in the Admin Tools. Add the background element section in the data model. Create a portlet in the Admin Tools. Publish data to the employee profile. Create a portlet in the Admin Tools. Add the background element section in the data model Publish data to the employee profile.
What must you do before generating compensation statements? Please choose the correct answer Recall compensation statements from the previous year. Publish the final compensation data to the employee profile. Grant all managers permission to launch statements. Send worksheets to the completed step in the route map.
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 66000 72000 90000 85000.
Which compensation permissions are typically enabled for human resource business partners? There are 3 correct answers Compensation Management Executive Review Read Change User Information Run Ad Hoc Reports Manage Plan Template.
Which of the following types of statements are available to use in Success Store for compensation? There are 2 correct answers Combined personal Compensation and variable pay statement Simple personal compensation statement Standard personal variable pay statement Variable pay goal statement.
Your customer gives planners total discretion within their budget for merit planning and does NOT use guidelines. Your customer also prorates final payouts according to how many months the employee has been with the company. How can you accomplish this? Please choose the correct answer Use the Admin Tools to configure raise proration for date-based proration. Use the Admin Tools to configure salary proration for imported proration. Set the includeSalaryProrating option to “true” in the template XML and use imported proration. Set the includeRaiseProrating option to “true” in the template XML and use imported proration.
Review the final figure for each component of the compensation plan for your group. For more information about the approval process, please refer to the process document. Please choose the correct answer The user does NOT have the compensation rollup permission in role-based permissions. The <comp-include-report> option is NOT set in the compensation plan template XML. The Use Form Creation Hierarchy for Compensation Rollup Rep ort option is NOT selected in the advanced settings. The Enable Rollup Reports option is NOT selected in the advanced settings.
In Admin Tools, you configure a merit budget based on a percentage of the current salary. In the ‘Based On’ dropdown option you select ‘User’.How would you define the budget percentage? Please choose the correct answer Assign each user to a budget group and then assign group percentages. Import a percentage for each employee in the user data file (UDF). Use default percentage for all users. Assign a percentage to each user in the Budget Assignment section.
Which of the following options reflects a best practice for configuring compensation plan guidelines? Please choose the correct answer Always arrange guideline formulas in order by performance rating and comp ratio Add a formula without any criteria at the bottom of the guideline list to act as a default. Make sure the Enable Guideline Optimization checkbox is selected if your customer has less than 1,000 guidelines. Allow planners to enter negative salary adjustment recommendations.
Your customer has a compensation plan template with the functional currency EUR. The manager’s own currency is USD. The manager’s compensation worksheet contains employees who are paid in the following currencies: EUR, USD, CHF and GBP.Which view must you enable to make sure the manager can display the salary of all of their employees in USD? Please choose the correct answer The includeFunctionalCurrency view The includeLocalCurrency view The includeAnyCurrency view The includePlannerCurrency view.
Your customer needs a budget that calculates a percentage of imported values for each employee on the compensation worksheet. Which Based On option can you use to fulfill this requirement? Please choose the correct answer Template Import User Group.
Where must you update the instructions that appear at the top of a compensation worksheet? Please choose the correct answer Under Admin Tool -> Plan Setup -> Design Worksheet Under Admin Tool -> Plan Setup -> Settings Under Provisioning -> Company Setting Under Provisioning -> Succession Data Mode.
What must you do before importing a currency conversion table into Admin Tools? Please choose the correct answer Ensure all rates have fewer than three decimal places. Include currency rates for both directions of every currency pair Remove column headers and commas from the file. Save the table in the most recent version of Microsoft Excel.
You use date-based proration and you do NOT include dates in the user data file (UDF) for an employee. What dates does the system use to calculate the proration percent? Please choose the correct answer The start date and end date of the compensation worksheet. The start date and end date of the customer’s fiscal year. The review start date and review end date configured in the compensation template. January 1 to December 31 of the current year.
Which actions can you control using role-based permissions? There are 3 correct answers to this question. View budget rollup information. Read and write compensation data via executive review. Change eligibility rules in a compensation plan template. Exceed a merit guideline in a compensation worksheet. View the compensation profile.
You want an administrator that is excluded from the route map to make compensation recommendations. What feature allows this? Please choose the correct answer New compensation worksheet Executive review Compensation profile Ad hoc reporting.
You create a test User Data File (UDF) for use with a compensation template. The template uses the Second Manager hierarchy. The CEO is head of both hierarchies. In the user record of the CEO, what values would you use for the MANAGER and SECOND_MANAGER columns? Please choose the correct answer MANGER: blank SECOND_MANAGER: NO_MANAGER MANGER: NO_MANAGER SECOND_MANAGER: blank MANGER: blank SECOND_MANAGER: blank MANGER: NO_MANAGER SECOND_MANAGER: NO_MANAGER.
Your customer uses role-based permissions. Where in the Admin Tools do you assign permissions to allow a user to import compensation data? Please choose the correct answer Import Users Administrative Privileges Manage Users Manage Employee Import Privilege.
Each employee has a custom number code assigned to them, However, your customer wants to display the name instead of the code on the worksheet. If the code is NOT in the table, the customer wants blanks to be displayed. What would you define as the last row in your lookup table? Please choose the correct answer FALSE as the input agreement with blanks as the output A blank in the input agreement with blanks as the output An asterisk (*) in the input agreement with blanks as the output. N/A as the input agreement with blanks as the output.
You want to export user compensation data from your customer's SuccessFactors system. Which option in the Employee Data Export tool prevents any user compensation data from being downloaded? Please choose the correct answer Short format: only system fields Export as a batch process Valid users only Include imported field-level eligibility fields with system default import keys.
Your customer has the following requirements for their compensation plan: Use a hard stop in the customer’s guidelines Display only the high and low values in the compensation worksheet. Display a prompt message to planners if they go outside of the high/low values. Which guideline rule settings must you set to fulfill these requirements? Please choose the correct answer comp-guideline-pattern>min-max</comp-guideline-pattern Hard Limit: Yes High/Low Action: Warn comp-guideline-pattern>low-high</comp-guideline-pattern Hard Limit: Yes High/Low Action: Warn comp-guideline-pattern>min-max</comp-guideline-pattern Hard Limit: Yes High/Low Action: Allow comp-guideline-pattern>low-high</comp-guideline-pattern Hard Limit: Yes High/Low Action: Allow.
You want to use a custom field called customStock as the starting point for stock guideline calculation. What must you do achieve this? Please choose the correct answer Add the customStock field in the rule settings of the stock guidelines in Admin Tools. Add the following code to the customStock field definition in the compensation template XML -- comp-rule-base-field-id>customStock</comp-rule-base-field-id Add the following code to the ccomp-rule useFor=”stock” section of the compensation template XML - comp-rule-base-field-id>customStock</comp-rule-base-field-id Add a CUSTOMSTOCK column in the user data file (UDF) and use it as an import key for stock guidelines in Admin Tools.
For which of the following roles can you grant legacy permission to view the personal compensation statements of an employee? There are 3 correct answers to this question. System Administrator Compensation Administrator Employee Custom Manager HR Representative.
Using the design worksheet in the Admin Tools, which standard field would you add to the compensation plan template to display the total amount awarded? Please choose the correct answer Total Increase Total Raise Total Compensation In Local Currency Total Compensation.
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