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NEW QUESTION 45
Your customer awards three types of bonuses to its workers: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. All three bonuses are awarded by using element entries.
How would you configure the Compensation Statement? (Choose the best answer.)

  • A. Create one Compensation Item as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Item.
  • B. Create one Compensation Category as Bonus and specify the source type as Element Entry. Associate the three elements with the Compensation Category.
  • C. Create three Compensation Categories: Joining Bonus, Ad-hoc Bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective Elements with the respective Categories.
  • D. Create three Compensation Items: Joining Bonus, Ad-hoc bonus, and Annual Bonus. Specify the source type as Element Entry and associate the respective elements with the respective Items.

Answer: D

 

NEW QUESTION 46
A corporation needs to set up a compensation plan for a vehicle allowance that will allow different amounts for different types and models of vehicles.
How can you achieve the desired results? (Choose the best answer.)

  • A. Configure one compensation plan, add as many options as there are allowed for different types and models. Define eligibility and associate the different payroll elements to all the options such that any payroll element can be associated with only one plan and option.
  • B. Configure as many compensation plans as there are allowed types and models of vehicles, because options cannot have eligibility profiles associated, and use different payroll elements for each of them.
  • C. Configure as many compensation plans as there are different types and models, because options cannot have associated eligibility profiles, and use the same payroll element for all of them.
  • D. Configure one compensation plan and add as many options as three are allowed for vehicle types and models. Define eligibility and associate the same payroll element to all the options such that an employee can use only one option.

Answer: A

 

NEW QUESTION 47
What happens if eligibility requirements are different for components than they are for a plan? (Choose the best answer.)

  • A. Plan-level eligibility is ignored and a warning is reported.
  • B. Component-level eligibility is ignored and a warning is reported.
  • C. This is not possible. Component-level eligibility is always identical to plan-level eligibility.
  • D. Plan-level eligibility is evaluated before component-level eligibility.
  • E. Component-level eligibility is evaluated before plan-level eligibility.

Answer: D

 

NEW QUESTION 48
You have created a total compensation statement. However, you are not able to see one of the categories in the summary section on the left pane. What is the reason for this? (Choose the best answer.)

  • A. The category has been added as a subcategory.
  • B. The category does not have a graph defined in it.
  • C. The category does not have employee contribution.
  • D. The category does not have employer contribution.

Answer: A

 

NEW QUESTION 49
The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)

  • A. Start Workforce Compensation Cycle
  • B. Adjust Workforce Compensation Enrollment Window
  • C. Refresh Workforce Compensation Data
  • D. Transfer Workforce Compensation Data to HR
  • E. Back Out Workforce Compensation Data
  • F. Evaluate Workforce Compensation Participation

Answer: A,C,D,E

 

NEW QUESTION 50
……

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