Last Updated: Jun 18, 2026
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1. When must you configure a template to be local currency centric?
There are 2 correct answers.
Choose:
A) When you want planners to input data in the currency type in which the employee is paid.
B) When you want the system to assign each employee to the correct currency code based on the
employee's country.
C) When you want the worksheet to display the budget in the local currency of the planner.
D) When you want to import employee salary in the currency in which the employee is paid.
2. 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.
Choose one:
A) Select 'No' for the 'Read-only' option of the Current Salary column in the Column Designer and enter
the correct data on the worksheet.
B) Import the correct data in the SALARY and COMPENSATION_SAL_RATE_UNITS columns of the user
data file (UDF).
C) Import the correct data for Current Salary through Executive Review offline edits.
D) Enter the correct Current Salary data directly on the worksheet using Executive Review.
3. What must you do before importing a currency conversion table into Admin Tools?
Please choose the correct answer.
Choose one:
A) Remove column headers and commas from the file.
B) Include currency rates for both directions of every currency pair
C) Ensure all rates have fewer than three decimal places.
D) Save the table in the most recent version of Microsoft Excel.
4. When setting up rating sources in a compensation plan template, which of the following rating types can
you select? There are 2 correct answers.
Response:
A) overall360
B) overall Competency
C) overall Performance
D) overall Performance Potential
5. When would you create budget groups?
There are 2 correct answers.
Choose:
A) When a customer wants group assignments to change dynamically
B) When a customer requires different guidelines ranges for each department.
C) When a customer requires different budget strategies for each location
D) When a customer requires a cascading budget
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B,C | Question # 5 Answer: B,C |
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