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Workday Core Compensation – Consolidated Assessment (70 Questions)

Category: Workday Questions and Answers Posted:Nov 10, 2022 By: Ashley Morrison

Workday Compensation provides the tools your compensation administrators need to make the best decisions for the entire organisation, from attracting the finest personnel to rewarding the workforce. The administrators may report on and act upon your compensation plans in real-time with the aid of Workday Compensation, and they can use market data to make smart compensation decisions. On any mobile device, at any time, employees can view their overall remuneration.

Here is the List of MCQ’s (Multiple Choice Questions):

(The correct answers are mentioned with Bold Font)

 

1. Which of the following option enables you to select a future date that controls when an employee can view their pay-related compensation events?

  1. Enable employee visibility date
  2. Enable actual end date
  3. Enable multiple one-time payments
  4. Compa-Ratio Midpoint

 

2. Choose the areas of tenant setup HCM from the following.

  1. System, Global
  2. Security, business processes & integrations
  3. HCM, Payroll, Financials, and Worklets
  4. All of the above

 

3. Choose the options of Compa-ratio midpoint from the following.

  1. Use calculated 50% value
  2. Use configured midpoint value
  3. Both a & b
  4. Use configured selective point

 

4. Which of the following field do we have to use to set a default value for a compensation component if no frequency is defined?

  1. Default frequency
  2. Enable employee visibility date
  3. Enable multiple one-time payments
  4. Enable actual end date

 

 

5. For which of the following options does compensation in the workday tracks compensation?

  1. The enterprise-wide
  2. Individual worker level
  3. Both a & b
  4. The group level

 

6. Choose the phases of compensation eligibility rules from the following.

  1. The plan
  2. Actuals
  3. The payout
  4. All of the above

7. Which of the following report do we have to use to view the compensation components the rule is attached to?

  1. Compensation rule assignment
  2. Test compensation eligibility rule
  3. Change default compensation
  4. Request default compensation

 

8. Which of the following option do you use between the rules if two rules are attached to the same compensation component?

  1. OR
  2. AND
  3. IF
  4. ELSE

 

9. Which of the following option determine how compensation is paid out?

  1. The payroll
  2. Comp elements
  3. Both a & b
  4. The plan

 

10. Common rule criteria can be used in combination with ______________ logic between criteria.

  1. AND
  2. OR
  3. Both a & b
  4. IF

 

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11. Default compensation enables for:

  1. The establishment of guidelines
  2. Plans
  3. Plan amount on a position
  4. All of the above

 

12. In which of the following business processes job requisitions can be used as a subprocess?

  1. Job Requisition
  2. Job requisition change
  3. Both a & b
  4. Assign role

13. Which of the following business process do we have to use to assign the position compensation needs for each position created?

  1. The change default compensation
  2. Request default compensation for position event
  3. Cost central salary and headcount budget
  4. Actual salary

14. The compensation grade can be defaulted using the:

  1. Eligibility rules
  2. Attaching that compensation grade directly to a job profile
  3. Both a & b
  4. Compensation grade profile

 

15. Which of the following sub-process is referred to as request default compensation for a position event when viewing it within the parent process?

  1. The Change Default Compensation
  2. Request default compensation for position event
  3. Cost central salary and headcount budget
  4. Actual salary

 

16. The hierarchies can be used in the

  1. Compensation eligibility rules
  2. Business process condition rules
  3. Talent
  4. All of the above

17. Which of the following process do we have to use to automate the progression from one step to another?

  1. Schedule Automatic Step Progression
  2. Schedule Manual Step Progression
  3. Schedule Step Progression
  4. Schedule Step Progression Audit

 

18. A schedule can be run for:

  1. All employees with a compensation step
  2. By compensation eligibility rules
  3. By selected employees with a compensation step
  4. All of the above

 

19. Which of the following report will list all step progression occurring within a defined period?

  1. The Employee Compensation Step Progression
  2. Employee Eligible for Next Compensation Step Audit report
  3. Step Progression Audit report
  4. Schedule Automatic Step Progression

 

20. Which of the following option should be created first?

  1. The compensation grade
  2. The compensation steps
  3. Both a & b
  4. Base Pay Plan

 

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21. Which of the following compensation plans can be included on a compensation basis?

  1. Salary plans
  2. Bonus plans, stock plans
  3. Retirement savings plans, allowance plans
  4. All of the above

 

22. Choose the compensation plan options from the following.

  1. All, base pay only
  2. Select plans
  3. None of the above
  4. All of the above

 

23. Which of the following compensation bases will display for an employee?

  1. Total base pay
  2. The highest-ranked basis for which the employee is eligible
  3. Both a & b
  4. The highest-ranked basis for which the employee is not eligible

 

24. The calculation can include:

  1. Adjustable basis
  2. Guaranteed basis
  3. Subtractive basis, variable basis
  4. All of the above

 

 

25. Which of the following option do we have to use to populate the employee data?

  1. Inbound Enterprise Interface Builder (EIB)
  2. Outbound Enterprise Interface Builder (EIB)
  3. Both a & b
  4. Functional Enterprise Interface Builder (EIB)

26. Choose the compensation elements from the following.

  1. Hourly Plan, Salary Plan
  2. Period Salary Plan
  3. Unit Salary Plan
  4. All of the above

 

27. Which of the following option do you use to prorate salary plans?

  1. Worker’s Full-Time Equivalent (FTE) percent
  2. Worker’s Part-Time Equivalent (PTE) percent
  3. Both a & b
  4. Worker’s Pay-Time Equivalent (PTE) percent

 

28. Select the appropriate formula from the following for default units.

  1. Units*Per Unit Amount = Employee Pay
  2. Units*Per Amount = Employee Pay
  3. Units*Per Minute Amount = Employee Pay
  4. Units*Per Hour Amount = Employee Pay

 

 

29. Hourly Plan includes:

  1. Hourly rate amount
  2. Currency
  3. Frequency
  4. All of the above

 

30. Choose the types of allowance plans from the following.

  1. Amount-based
  2. Percent-based
  3. Unit-based
  4. All of the above

 

31. Which of the following fields are associated with a stock plan?

  1. Allow target override
  2. Hide target
  3. Compensation matrix, use as a reference only
  4. All of the above

32. Select the options from the following that are included in the rounding options.

  1. Round
  2. Round down
  3. Round up
  4. All of the above

 

 

 

33. Which of the following options are included in the add stock grant?

  1. A percent or amount granted, Grant price
  2. Grant date, vest from date
  3. Expiration date, grant ID
  4. All of the above

 

34. State whether the given statement is true or false.

A commonly used wait period is based on the time since the employee’s hire date.

  1. True
  2. False

35. For which of the following purpose a compensation matrix is used?

  1. Merit
  2. Bonus
  3. Stock plans
  4. All of the above

 

36. One time payment plan could be used for a wide variety of payments such as:

  1. Employee referrals
  2. Retention bonuses
  3. Severance payments
  4. All of the above

 

 

37. Which of the following business processes can include the Request One-Time Payment subprocesses?

  1. Hire
  2. Termination
  3. Change job
  4. All of the above

 

38. Which of the following options will be defined when creating a percent-based plan?

  1. A minimum percent
  2. A maximum percent
  3. Target percentage & reference frequency
  4. All of the above

 

39. Select the plans from the following that can be included in the calculation.

  1. Only bonus
  2. One-time payment plans
  3. Both a & b
  4. Only target plans

 

40. The tasks that have a delivered value of Referral:

  1. The Maintain One-Time Payment Plan Configurable Category task
  2. The Maintain One-Time Payment Plan Payment Schedule task
  3. Both a & b
  4. The Maintain One-Time Payment Plan Payment task

 

41. In which of the following business processes the proposed compensation hire subprocess is only available as a step?

  1. Hire Employee
  2. Add additional Job
  3. Start Additional Assignment
  4. All of the above

 

42. Which of the following subprocesses are included in the hire business processes besides the Propose Compensation Hire Subprocesses?

  1. Request One-Time Payment
  2. Request Stock Grant subprocesses
  3. Both a & b
  4. Request Compensation Hire

 

43. During which of the following condition defaulting will occur?

  1. If a worker is eligible for a package
  2. Eligible for a plan in the package
  3. Both a & b
  4. Eligible for a bonus in the package

 

44. For how many compensation packages employees are eligible?

  1. One
  2. Two
  3. Three
  4. Four

45. How does Workday consider the current salary percentage if the salary plan maximum field is left with the default amount of 0?

  1. Maximum percentage
  2. Minimum percentage
  3. Both a & b
  4. Standard percentage

 

46. On what basis the employee compensation audit report can pull up information?

  1. An organization
  2. An organization and all subordinate organizations
  3. Both a & b
  4. An admin

 

47. Which of the following option includes Workday System Generated Events?

  1. The supporting information section
  2. View compensation history
  3. View compensation future
  4. Compensation summary

 

48. Which of the following report generate a report by the organization and displays all employees with assigned compensation components?

  1. Compensation spreadsheet
  2. Employee compensation audit
  3. In progress compensation changes
  4. Compensation by job profile

49. Which of the following report reports all employees with compensation events that did not occur in order, based on the effective date?

  1. Out-of-order compensation changes
  2. Compensation spreadsheet
  3. Compensation changes report
  4. Compensation by job profile

 

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50. Which of the following report displays salary totals by an organization?

  1. Compensation summary
  2. Compensation by job profile
  3. Compensation changes report
  4. In Progress Compensation Changes

51. Which of the following task do we have to use when initiating a compensation change for one employee?

  1. The Request Compensation Change task
  2. The Edit Position
  3. The Request Compensation Edit change
  4. The Request Compensation Save change

 

52. Which of the following reports are delivered to help you track all plan assignments that have an expected end date?

  1. Compensation plan expected end date audit
  2. Compensation plan assignments with expected dates
  3. Both a & b
  4. Compensation plan expected start date audit

 

53. Select the information from the following that are included in the view compensation plan rollout process stage page.

  1. The number of employees impacted and their names
  2. List of employees who have other compensation processes in progress.
  3. Both a & b
  4. The number of supervisors impacted and their names

 

54. Choose the option from the following that will be excluded from receiving the compensation plan.

  1. Employees with in-progress compensation processes
  2. Rollout compensation to employees
  3. Request Compensation Change
  4. The Rollout of Compensation Plans to Employee’s task

 

55. Which of the following plans can be rolled out using the Rollout Compensation Plans to Employee task?

  1. Bonus, merit
  2. Commission, allowance
  3. Stock, and period salary
  4. All of the above

 

56. Choose the options of balance period from the following.

  1. Prior calendar year
  2. Rolling 12-month period
  3. YTD – current calendar year
  4. All of the above

57. Which of the following conditions must be met for an employee to see the total rewards report?

  1. An employee matches the criteria specified in the total rewards rule
  2. A total rewards template uses the rule
  3. Both a & b
  4. An employee mismatches the criteria specified in the total rewards rule

 

58. Which of the following options depends on the data type of fields selected?

  1. Relational operator
  2. Comparison type
  3. And/or
  4. ()

 

59. Select the option from the following that enables for control of decimal precision.

  1. Rounding rules
  2. Do not sum
  3. Display employee cost
  4. Disclaimer text

60. The field that appears in the total rewards report below the pie chart:

  1. Chart explanatory text
  2. Disclaimer text
  3. Displays employee cost
  4. Do not sum

 

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61. Choose the types of matrices from the following.

  1. Specific duration entries
  2. Length of service multiplier
  3. Both a & b
  4. Width of service multiplier

 

62. On what basis a severance payment is based?

  1. On the length of the service
  2. On the width of service
  3. On the breadth of service ice
  4. On the duration of service

 

63. Choose the options from the following that are available for the duration unit.

  1. Day
  2. Hour
  3. Month, Week
  4. All of the above

 

64. Pick the pay components of the severance package from the following.

  1. Continued salary/wages
  2. Termination payouts, Post-termination payout
  3. Estimated time off pay
  4. All of the above

 

65. Which of the following dates can be entered in the deliver severance workshop step of the severance worksheet?

  1. Notified employee
  2. Severance response due
  3. Worksheet delivered, Worksheet signed
  4. All of the above

66. Which of the following information needs to be entered first when creating a benchmark job?

  1. Effective date
  2. Survey date
  3. Benchmark job percentiles
  4. All of the above

 

67. Which of the following categories of market salary data are supported by Workday?

  1. Base pay composite
  2. Total cash composite
  3. Both a & b
  4. Partial cash composite

 

68. State whether the given statement is true or false

Aging a benchmark job can be done manually using the Edit Benchmark Job task.

  1. True
  2. False

 

69. Which of the following options do we have to define using eligibility rules in the profile market data section?

  1. Frequency
  2. Competitive market target
  3. Target spread %, percentiles
  4. All of the above

 

70. Which of the following date is often displayed as the effective date of the report?

  1. Survey date
  2. Effective date
  3. Benchmark job percentiles
  4. All of the above

 

Hope these MCQ’s will help you with your Workday certification.

Good Luck!!

 

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Keep learning & innovating!

Here is some other Certification MCQ’s for your reference:

C_THR86_1905- SAP Certified Application Associate- SAP SuccessFactors Compensation- Certification FAQs

C_THR86_1911- SAP Certified Application Associate- SAP SuccessFactors Compensation- Certification FAQs

 

 

 

 

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