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| Section | Objectives |
|---|---|
| Topic 1: Variable Pay Form | |
| Topic 2: Integration Scenarios | |
| Topic 3: Bonus Calculation Methods | |
| Topic 4: Business Goals and Goal Weights | |
| Topic 5: Reports and Reward Statements | |
| Topic 6: Variable Pay Program Settings | |
| Topic 7: Bonus Plans | |
| Topic 8: Employee History Data and Background Element | |
| Topic 9: Eligibility |
1. Enable Guideline optimization setting will Please choose the correct answer.
A) Create new forms with new guidelines
B) Delete forms and create new worksheets with new guidelines
C) Allow changes on guidelines to reflect automatically on forms without creating new worksheets
D) Not impact any in progress forms
2. What report would you process to verify the calculation of business goal performance with the employee's target in their history?
Please choose the correct answer.
A) Bonus Payout
B) Employee History
C) Business goal Performance
D) Bonus Payout Details
3. One of the business goals is to reduce the amount of Customer complaints. Which of the following are correct imports of the goal?
A) Metrics Can now be loaded as: performanceMin=50, performanceTargetLow=70, I performanceTarget=100, performanceTargetHigh=130 performanceMax=150
B) Metrics Can now be loaded as: performanceMin=50, performanceTargetLow=70, I performanceTarget=100, performanceTargetHigh=130 performanceMax=150
C) Metrics Can now be loaded as: performanceMin=150, performanceTarget=100, performanceMax=50
D) Metrics Can now be loaded as: performanceMin=50, performanceTarget=100, performanceMax=150
4. If the starting point of eligibility is set to "No employees are eligible" what actions are required to include employees in the bonus plan?
There are 2 correct answers to this question.
A) Create rule in manager form eligibility to include employees
B) Add employees to the history data file
C) Flag employees as "TRUE" in UDF eligibility
D) Use an MDF rule instead of importing eligibility rules
5. Which feature allows employees to view their individual bonus results even if variable pay forms are still in-progress?
A) Live profile visibility
B) Compensation profile
C) Bonus forecast
D) Individual preview
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: A,C | Question # 4 Answer: A,C | Question # 5 Answer: A |
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