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| Section | Objectives |
|---|---|
| Business Goals and Goal Weights | |
| Reports and Reward Statements | |
| Variable Pay Program Settings | |
| Eligibility | |
| Integration Scenarios | |
| Bonus Plans | |
| Bonus Calculation Methods | |
| Employee History Data and Background Element | |
| Variable Pay Form |
1. Your customer uses the non-assignment based rating (non-ABR) template. Which sections are used to add assignment-level custom fields?
There are 3 correct answers to this question
A) Entry level section
B) Employee history data section
C) Team section
D) Business section
E) Individual section
2. How are bonus plans assigned to employee assignments? There are 2 correct answers to this question.
A) The bonus plan file includes start and end dates that correspond to each employee assignment dates
B) Using the fields in employee history as look-up attributes in eligibility file
C) The bonus plan for each employee assignment is included in the employee history data file
D) Creating rule in eligibility file that corresponds to each bonus plan
E) The eligibility file should contain the bonus plan name
3. According to the translation workbook, you need to translate all labels of fields. Which tools can you use?
There are 2 correct answers to this question.
A) Variable pay program XML template
B) Company settings
C) Column Designer
D) Manage plan details
4. What information does the override report provide?
Please choose the correct answer
A) Employees who have the section percent values modified from the default
B) Employees who have an amount entered in the field total Final Payout
C) Employees who have an amount entered which varies from the default guideline amount
D) Identify employees who were moved based on the advanced setting of "Do not override manually updated employees"
5. One example of a bonus calculation formula is base multiplied by individual performance What does Base indicates? Please choose the correct answer.
A) Bonus Actual Amount
B) Bonus section weight
C) Bonus Target amount
D) Bonus payout percentage
Solutions:
| Question # 1 Answer: C,D,E | Question # 2 Answer: B,D | Question # 3 Answer: A,C | Question # 4 Answer: B | Question # 5 Answer: D |
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