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NEW QUESTION # 14
Which Variable Pay report shows employees that have less than the full plan year of eligibility?
- A. Employee History report
- B. Employee History Gaps report
- C. Bonus Payout Details report
- D. Employee History Overlaps report
Answer: B
NEW QUESTION # 15
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. Eligibility criteria for each employee
- C. Payout guidelines for each employee
- D. Multiple rows of payout for each employee
- E. Total pay items for each employee
Answer: A,B,D
NEW QUESTION # 16
Which field types can be added to the variable pay background section? Note: There are 3 correct answers to this question.
- A. Percentage fields
- B. Boolean fields
- C. Float fields
- D. Text fields
- E. Integer fields
Answer: C,D,E
NEW QUESTION # 17
What attribute must you change when creating a new Business Goal XML template to ensure that the correct business goals are referenced?
- A. Plan ID
- B. Plan number format
- C. Plan type
- D. Plan name
Answer: A,C,D
NEW QUESTION # 18
Which of the following fields are connected to reserved fields in the Variable Pay Background Element? Note: There are 3 correct answers to this question.
- A. Variable Pay Program Name
- B. Salary
- C. Target Percentage
- D. Basis
- E. Local Currency Code
Answer: A,D,E
NEW QUESTION # 19
Your client has a performance process where employees can enter goals. The individual part of the employee's bonus is based on the performance against these goals - but not all of them. When going through the goal setting process, the employee and their manager will discuss whether or not a goal is "bonus relevant" - that is, the employee's attainment against that goal affects their bonus at the end of the year. What is the best way to set this up without administrative intervention?
- A. Goals that are relevant to the employee's bonus need to be in a separate section in the performance form.
- B. Goals that are relevant to the employee's bonus need to be exported from Goal Management and imported into Business Goals.
- C. Goals that are relevant to the employee's bonus need to have a different type, set when creating the goal.
- D. Relevant goal performance is imported into each employee's Assignment History.
Answer: C
NEW QUESTION # 20
Which of the following system-standard equations are considered to be multiplicative formulas? Note: There are 3 correct answers to this question.
- A. Base x business performance x team performance x individual performance
- B. Base x (business performance + individual performance)
- C. Base x business performance x individual performance
- D. Base x (business performance + team performance + individual performance)
- E. Base x business performance
Answer: A,C,E
NEW QUESTION # 21
What is the relationship between goal weights and bonus plans?
- A. All bonus plans must have equally weighted business goals.
- B. Goals are uniquely weighted based on the bonus plan they are assigned to.
- C. Business goal weights must be created first, before bonus plans are created.
- D. Goal weights are required to equal 100% for each bonus plan.
Answer: B,D
NEW QUESTION # 22
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, User, Planner, and Any Currency
- B. Functional, User, and Planner
- C. Functional and User
- D. Functional only
Answer: C
NEW QUESTION # 23
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 is using multiple bonus calculation formulas.
- D. The customer has multiple route maps.
Answer: B
NEW QUESTION # 24
How would you assign the same business goal to all employees in a non-EC integrated plan?
- A. Use the Manage Employee grouping.
- B. Use a common field value for all employees in the employee history file.
- C. Use the user ID of each employee in the business goals file.
- D. Use the correct performance management form template.
Answer: B
NEW QUESTION # 25
Your client wants to award quarterly bonuses, where the quarters are aligned as follows: Q1: November 1-January 31. Q2: February 1-April 30. Q3: May 1-July 31. Q4: August 1-October 31. Bonuses are paid at the end of each quarter. Which of the following combinations of configuration options would work for this scenario?
- A. Four variable pay templates, with the bonus start and end dates aligned with "traditional" quarter dates and custom columns in the employee history to display the customer's dates
- B. Four variable pay templates, with the bonus start and end dates aligned with the customer's dates and employee history to match
- C. One variable pay template with the bonus start date November 1 and end date October 31; employee history is loaded with four records per employee (one per quarter) and bonus paid in full on October 31
- D. One variable pay template with the bonus start date November 1 and end date October 31, and the bonus plan multiplier set to 25%
Answer: A,D
NEW QUESTION # 26
Company XYZ rewards its sales employees based on company and individual performance. Each employee's target bonus is a percentage of their salary. Both company and individual performance are combined, then multiplied by the basis. Employees are assigned weighted goals under company performance (revenue, profit, etc.). Which of the following bonus calculation equations is best to use for this organization?
- A. base x (business performance x individual performance)
- B. base x business performance x individual performance
- C. base + (business performance + individual performance)
- D. base x (business performance + individual performance)
Answer: D
NEW QUESTION # 27
Your customer has added a new employee to their Employee History. Based on the employee's data, they are eligible for the bonus plan, but when the customer tries to manually add them to a worksheet, they receive an error that the employee is unable to be added because they are ineligible. What might have been missed?
- A. Updating worksheets
- B. Reloading the goal weights file
- C. Recalculating bonus data
- D. Updating business goals
Answer: C
NEW QUESTION # 28
An employee was part of the Consumer business unit from January 1-July 31 and transferred to the Corporate Support business unit beginning August 1. Based on the screenshot, what can you determine about this employee's eligibility?
- A. This employee is eligible for the BU plan for a portion of the plan year, from August 1-December 31.
- B. This employee is eligible for the Corp plan for the entire plan year, from January 1-December 31.
- C. This employee is eligible for the BU plan for a portion of the plan year, from January 1-July 31.
- D. This employees is eligible for the Corp plan from January 1-July 31 and the BU plan from August 1-December 31.
Answer: D
NEW QUESTION # 29
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 guidelines where the maximum is set to 200%.
- C. Use a bonus plan multiplier of 200%.
- D. Use bonus plan caps.
Answer: D
NEW QUESTION # 30
Where do you set the display order of the business goals?
- A. Design Worksheet
- B. Bonus plan file
- C. Business goal weights file
- D. Business goals file
Answer: C
NEW QUESTION # 31
What report requires that worksheets have been launched before it will show results?
- A. Bonus payout
- B. Employee history overlaps
- C. Employee history gaps
- D. Business goal performance
Answer: A
NEW QUESTION # 32
Company ABC rewards its employees using an additive plan based on company (50% weight) and individual (50% weight) performance. An employee's target bonus is 4,000 (100% payout). The company performance is based on two objectives, each weighted at 50% - revenue and operating Income. The revenue objective achievement is 80% and the operating income objective achievement is 90%. If the Individual achievement is 150%, which expression best represents how the bonus is calculated?
- A. 4000 x 150% + 4000 x (80% x 50% + 90% x 50%)
- B. 150% x (4000 x 50% x (80% + 4000 x 50% x 90%
- C. 4000 x 150% x (80% x 50% + 90% x 50%)
- D. 4000 x 50% x (80% x 50% + 90% x 50%) + 4000 x 50% x 150%
Answer: D
NEW QUESTION # 33
Where do you define the payout function type?
- A. Background Element
- B. Business Goals
- C. Bonus Plan
- D. Business Goal Weights
Answer: B
NEW QUESTION # 34
Your customer launched the worksheets and found some employees are NOT appearing. Which reports would you run to troubleshoot the issue? Note: There are 3 correct answers to this question.
- A. Aggregate report
- B. Employee History report
- C. Export Ineligible Users
- D. Variable Pay Audit report
- E. Export Users Without Managers
Answer: B,D,E
NEW QUESTION # 35
Your client wants to change the label on a field in the Assignment Details level of their worksheet. Where could you make the change? Note: There are 2 correct answers to this question.
- A. Column Designer, Assignment Level fields
- B. Custom Views
- C. Employee History background element
- D. Column Designer, Entry Level fields
Answer: A,C
NEW QUESTION # 36
Your customer wants to use business goals in a Variable Pay program. Which actions are needed? Note: There are 3 correct answers to this question.
- A. Reference the Plan ID in the business goal data file.
- B. Update eligibility rules to include a bonus plan.
- C. Reference the Plan ID in the Bonus Plan file.
- D. Assign the Business Goal template to the Variable Pay program.
- E. Upload the Business Goal XML template in Provisioning.
Answer: A,B,C
NEW QUESTION # 37
Assume a starting point of "All employees are eligible" and all employees will appear on the worksheet regardless of employee history. Why would you use Manager Form Eligibility Rules?
- A. To exclude employees who have given their notice from the bonus payout calculation
- B. To include inactive users as part of the payout calculation
- C. To exclude employees who have given their notice from the Variable Pay form
- D. To include inactive users as part of the Variable Pay form
Answer: A
NEW QUESTION # 38
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