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It is the end of the month and you have already run Compensate and Pay. Several additional transactions come through at the last minute. What should you do before you run Post?

A.

Run the pipeline in Incremental Mode.

B.

Run the pipeline in Full Mode.

C.

Leave the transactions for the next month.

D.

Close the period by running Finalize.

Which options can you set in the System Preferences workspace? Note: There are 3 correct answers to this question.

A.

Audit Logs Retention

B.

User Role Permissions

C.

Prompt Settings

D.

Allow Negative Payments

E.

Calculation Settings

How are released periods used in dashboard configuration? Note: There are 3 correct answers to this question.

A.

The administrator can release periods based on calendars.

B.

Payees can view dashboards for released periods only.

C.

Both administrators and payees can release periods.

D.

Payees can view results prior to pipeline completion.

E.

The administrator can release periods based on Processing Units.

What does the system do when Payment Threshold is enabled?

A.

The system will NOT generate payments less than or equal to the payment threshold.

B.

The system will NOT track negative payments as balances once the period is finalized.

C.

The system will NOT generate payments for held deposits until they are released.

D.

The system will NOT generate payments greater than or equal to the payment u threshold.

Which of the following are characteristics of a Rate Table? Note: There are 2 correct answers to this question.

A.

Rate Table CANNOT be built with Fixed Values or Formulas.

B.

A Rate Table can be used to calculate per-credit or aggregate commissions.

C.

The same Rate Table can be used to calculate both step and straight commissions.

D.

The same Rate Table CANNOT be used in multiple rules.

What is the purpose of user role security? Note: There are 2 correct answers to this question.

A.

To manage the security of the sales organization

B.

To manage the organizational reporting hierarchy

C.

To manage security within the system interface

D.

To manage permissions in workspaces

Which of the following are best practices regarding effective dates versioning? Note: There are 2 correct answers to this question.

A.

When retiring a position end date it by populating the effective end date with the last day of the position.

B.

Never end date a compensation rule. Instead inactivate it by removing the rule from all compensation plans.

C.

When a participant leaves a position do NOT end date the position. Instead inactivate it by removing the participant from the position.

D.

Plans plan objects should only be versioned on a leaf period boundary.

Which of the following can you accomplish within the Customizations workspace? Note: There are 2 correct answers to this question.

A.

Manage and create attributes.

B.

Manage and create Variables.

C.

Create additional Classifier Types.

D.

Create Business Units.

Which of the following are best practices when working with Variables? Note: There are 2 correct answers to this question.

A.

Always use a Variable in a rule instead of a compensation element.

B.

Avoid using Variables because they increase processing time.

C.

Always leave the Variable default assignment field empty.

D.

Set a default assignment for all Variables.

Which of the following are characteristics of Processing Units? Note: There are 3 correct answers to this question.

A.

You can delete Processing Units after a Pipeline has been run.

B.

You can use Processing Units to process subsets of data.

C.

You can create as many Processing Units as needed.

D.

Calculation runs are completed separately for each Processing Unit.

E.

You can assign only one Business Unit to each Processing Unit.