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NEW QUESTION 38
As an implementation consultant, you are required to define the total compensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)

• A. Multiple legal employers, multiple countries, and multiple currencies cannot be included in one statement.
• B. Edits to compensation categories affect all statement definitions that use that category.
• C. The statement definition acts as a template and determines the layout and content of the generated statement.
• D. Reusing statement definitions by creating new statement periods and then modifying the definition for subsequent periods is not possible.
• E. The statement definition consists of compensation items added to compensation categories.
• F. Compensation items with sources belonging to different legal employers cannot be added.

Answer: C,D,E

NEW QUESTION 39
Identify the four components that can be included in a fast formul
a. (Choose four.)

• A. Assignment statements
• B. Comments
• C. Symbolic variables
• D. Output statement
• E. Conditions
• F. Input statement

Answer: A,B,E,F

NEW QUESTION 40
You are required to explain to your client the use of Hierarchy design in Compensation Process. Which two Compensation-related activities use Hierarchy? (Choose two.)

• A. Approval routing
• B. Feedback survey
• C. Sending Compensation alerts
• D. Plan access
• E. Allocating budgets

Answer: A,E

NEW QUESTION 41
Your client is a consumer goods wholesaler. The client's organization has five departments. While performing compensation budgeting activity, the client has a policy that the departments that have exceeded their sales targets receive an additional budget to reward the employees in that department. In the current year, only the Electronics department has exceeded its sales target.
How would the compensation manager allocate the extra budget to the manager of the Electronics Department? (Choose the best answer.)

• A. Publish the original budgets to all managers, followed by publishing the extra budget to only the manager of the Electronics department.
• B. Create a separate compensation plan for Electronics department employees and publish the extra budget to the manager of the department.
• C. Initiate budgets automatically by using the Start Compensation Cycle process.
• D. Request excess budget allocation from the manager above him.

Answer: A

NEW QUESTION 42
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