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| Section | Objectives |
|---|---|
| Topic 1: Variable Pay Fundamentals | - Overview and Concepts
|
| Topic 2: Configuration and Administration | - Program Setup
|
| Topic 3: Execution and Reporting | - Worksheet and Payout Management
|
1. Which use case requires a custom reward statement? Please choose the correct answer.
A) Customer would like to include multiple logos on the reward statement.
B) Customer would like to combine information from compensation plan and variable pay program in one reward statement
C) Customer would like to combine information from two variable pay programs in one reward statement
D) Customer would like to include multiple sections on the reward statement
2. In which situation does an employee need to be moved between worksheets? Please choose the correct answer.
A) Change of reporting manager
B) Change of bonus plan assignment
C) Change of HR manager
D) Change of performance period
3. By default bonus forecasting results can be grouped into which categories? There are 2 correct answers to this question.
A) Job code
B) Department
C) Planners
D) Country
4. In which file do you specify the relationship between bonus plan and business goals?
Please choose the correct answer.
A) Business goal weights file
B) Bonus Plan data file
C) Business goal template
D) Business goals data file
5. Enable Guideline optimization setting will Please choose the correct answer.
A) Not impact any in progress forms
B) Allow changes on guidelines to reflect automatically on forms without creating new worksheets
C) Create new forms with new guidelines
D) Delete forms and create new worksheets with new guidelines
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: B,D | Question # 4 Answer: A | Question # 5 Answer: B |
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