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| Section | Objectives |
|---|---|
| Reporting and Analytics | - Reporting tools and dashboards - Standard reports in Variable Pay |
| Security and Administration | - System administration and troubleshooting - Role-based permissions |
| Business Rules and Data Model | - Business rules framework - Data import and export processes |
| Variable Pay Configuration | - Eligibility rules and guidelines - Bonus calculation rules and formulas - Plan setup and templates |
| Variable Pay Overview | - Integration with SAP SuccessFactors Compensation and Employee Central - Concepts and business purpose of Variable Pay |
| Compensation Planning Process | - Eligibility and assignment of employees - Manager workflow and approvals - Budgeting and planning cycles |
1. Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.
A) Division
B) Subtraction
C) Addition
D) Multiplication
2. The screenshot below is the entire currency conversion table. The functional currency of this customer is USD.
Which currency view modes can be used with this table?
A) Functional only
B) Functional, User, Planner, and Any Currency
C) Functional, User, and Planner
D) Functional and User
3. What is included in the Bonus Payout Details report? Note: There are 3 correct answers to this question.
A) Bonus calculation for each employee
B) Multiple rows of payout for each employee
C) Total pay items for each employee
D) Payout guidelines for each employee
E) Eligibility criteria for each employee
4. A client has three custom fields in their templates and they want to use these fields as plan-level Executive Review filters to help with their analysis. Which of the following is a valid configuration option for this requirement in a non-EC configuration?
A) The fields are mapped to import keys uploaded within the UDF and are editable.
B) The fields use a custom calculation and are read-only.
C) The fields use a lookup table to derive the data based on conditional logic and are read-only.
D) The fields are mapped to import keys uploaded within the UDF and are read-only.
5. Your customer wants to ensure that no employee's bonus exceeds 200% of their bonus target. How can this be achieved?
A) Use gates on business goals.
B) Use bonus plan caps.
C) Use guidelines where the maximum is set to 200%.
D) Use a bonus plan multiplier of 200%.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: D | Question # 3 Answer: A,B,E | Question # 4 Answer: D | Question # 5 Answer: B |
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