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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) 25 shares of stock and 15 options
B) 125 shares of stock and 125 options
C) 200 shares of stock and 334 options
D) 100 shares of stock and 167 options
2. What are the advantages of the PercentofMeritTarget budget mode? Please choose the correct answer.
Choose one:
A) It is flexible since it is NOT based on users' imported salaries.
B) It is dynamic since budgets recalculatewhen new targets are loaded.
C) It is easy to configure since it is based on employee performance and benchmarks.
D) It is client-specific and uses custom calculations if needed.
3. You have created a route map and have entered information for all options in each step. You have also configured To Dos for the Home Page.
Which field appears in the planner's To Do List on the Home Page when the worksheet is in their inbox?
Please choose the correct answer.
Response:
A) Step Name
B) Step ID
C) Step Introduction &Mouseover Text
D) Step Description
4. Which actions can you control using role-based permissions?
There are 3 correct answers to this question.
Response:
Should have chosen
A) Read and write compensation data via executive review.
B) Change eligibility rules in a compensation plan template.
C) Exceed a merit guideline in a compensation worksheet.
D) View budget rollup information.
E) View the compensation profile.
5. Which permission can you use to restrict certain groups from seeing the budget allocation in the worksheet?
Please choose the correct answer.
Choose one:
A) Budget assignment permission
B) Budget override permission
C) Field-based permission
D) Executive review permission
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A,B,D | Question # 5 Answer: C |
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