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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 award split between stock and options, how many units of each does the employee receive?
Please choose the correct answer.
Response:
A) 200 shares of stock and 334 options
B) 25 shares of stock and 15 options
C) 125 shares of stock and 125 options
D) 100 shares of stock and 167 options
2. Your customer has customized two compensation statements from the Success Store. 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.
Response:
A) Set default permissions for the statement template under Action for All Plans.
B) Make the Manufacturing statement template the default template.
C) Assign statement groups under Complete Compensation Cycle.
D) Use role-based permissions in Admin Tools
3. Which stock table is used to convert stock to a mix of equity types?
Response:
A) Stock Conversion
B) Stock Factor
C) Stock Value
D) Stock Participation
4. What must you do before importing a currency conversion table into Admin Tools?
Please choose the correct answer.
Response:
A) Remove column headers and commas from the file.
B) Ensure all rates have fewer than three decimal places.
C) Save the table in the most recent version of Microsoft Excel.
D) Include currency rates for both directions of every currency pair
5. Where can you disable Ask for Edits options in the route map of a compensation form?
Please choose the correct answer.
Response:
A) Under Admin Tools -> Plan Setup -> Settings -> Advanced Settings
B) Under XML -> comp-config section
C) Under Admin Tools -> Manage Route Maps
D) Under Provisioning -> Form Template Administration
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |
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