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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Bonus Plans | <8% | - Budget management - Plan structure and setup |
| Topic 2: Employee History Data and Background Elements | 12% | - Data import and mapping - Background element configuration |
| Topic 3: Variable Pay Program Settings | 12% | - Manage plan details and settings - Program creation and configuration |
| Topic 4: Bonus Calculation Methods | 8-12% | - Calculation formulas and logic - Proration and forecasting |
| Topic 5: Integration Scenarios | 8-12% | - Integration with Employee Central - Data synchronization |
| Topic 6: Business Goals and Goal Weights | 12% | - Goal setup and file upload - Weight assignment and mapping |
| Topic 7: Variable Pay Form | 8-12% | - Worksheet configuration - User interface customization |
| Topic 8: Reports and Reward Statements | 8-12% | - Reward statement design - Standard and custom reporting |
| Topic 9: Eligibility | 8-12% | - Eligibility rule creation - Employee eligibility verification |
1. What are the different payout function types? There are 3 correct answers to this question.
A) Interpolation
B) Step
C) Proration
D) Direct
E) Indirect
2. This file defines the display order of business goals on the form. Please choose the correct answer.
A) Employee History Data
B) Business Goals file
C) Bonus Plan
D) Goal weights file
3. Company ABC rewards its sales employees based on company and individual performance. An employee's individual performance is worth 80% of the total payout and business goals are worth 20% of the total payout. The business goals art corporate revenue, weighted 40% and corporate operating income amount, weighted 60%.
The employee target bonus is
$1,000.
Corporate revenue amount 50%
Corporate operating income amount 100%
Target Individual Amount 120%
What is the final bonus payout amount?
Please choose the correct answer.
A) $960
B) $1,160
C) $1,000
D) $1,120
4. The custom formula is tgtPcf'salary. Looking at the background element, what adjustment must be made? Please choose the correct answer.
A) The basis field must be hidden in the background element
B) The tgtPct and salary fields must both be float fields
C) The basis field must be deleted from background element
D) The tgtPct and salary fields must both be numeric fields
5. When configuring goal gates, which options are valid to be used as GATEJ.EVEL? There are 3 correct answers to this question.
A) Business Goals
B) Team Goals
C) Team Section
D) Individual Goals
E) Individual Section
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: A,B,D |
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