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| Section | Objectives |
|---|---|
| Topic 1: Execution and Reporting | - Worksheet and Payout Management
|
| Topic 2: Configuration and Administration | - Program Setup
|
| Topic 3: Variable Pay Fundamentals | - Overview and Concepts
|
1. 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
2. Which feature allows you to configure more than 5 predetermined points of min, low target, high, max for goal performance? There are 2 correct answers to this question
A) Flexible payout curves
B) Multiple Business goal sections
C) Goal Gates
D) Goal accelerators
3. The custom formula is tgtPcf'salary. Looking at the background element, what adjustment must be made? Please choose the correct answer.
A) The tgtPct and salary fields must both be float fields
B) The basis field must be hidden in the background element
C) The basis field must be deleted from background element
D) The tgtPct and salary fields must both be numeric fields
4. This setting allows the use of unlimited payout points. Please choose the correct answer.
A) Flexible payout curves
B) Assignment based rating
C) Bonus caps
D) Multiplier setting
5. Which field changes in the employee history editor require a recalculation of the bonus payout to update ex Please choose the correct answer.
A) Payout percent
B) Assignment Dates
C) User name
D) Basis
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: C,D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |
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