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1. What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?
A) Variable Pay individual view
B) Bonus assignment letter
C) Compensation profile
D) Bonus forecast
2. A customer is using a custom formula to calculate the employee basis. What must you do to ensure that the basis calculates correctly?
A) Delete the Basis field header when importing the employee history data file.
B) Configure the Basis field as a custom field in the background element.
C) Leave the Basis field blank when importing the employee history data file.
D) Configure the Basis field to be hidden in the background element.
3. In which customer scenario do you need to create more than one bonus plan in the same program?
A) The customer has multiple plan period date ranges.
B) The customer has multiple sets of business goals.
C) The customer has multiple route maps.
D) The customer is using multiple bonus calculation formulas.
4. From where can you pull fields to assign business goals to employees through the business goals import file?
A) Bonus plan weights
B) Summary level custom reportable fields
C) Employee history fields
D) Summary level standard fields
5. The bonuses of all employees at your client are determined by the following results: 30% Corporate Performance. 30% Country Performance. 40% Individual Achievement. All employees have the same result for Corporate Performance, but the result for Country Performance varies based on the employee's country.
The Individual Achievement comes from a linked performance form's overall result. How would this be configured? Note: There are 2 correct answers to this question.
A) Additive plan with two Business Goal sections. Corporate Performance in one Business Goal section, weighted at 30%. Country Performance in other section, weighted at 30%. Individual section weighted at 40%
B) Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%
C) Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 50% and Country Performance is weighted 50%
D) Additive plan with one Business Goal section. The Business Goal section is weighted 30% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A,C |
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