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| Section | Objectives |
|---|---|
| Configuration and Administration | - Bonus Plans and Calculation
|
| Execution and Reporting | - Worksheet and Payout Management
|
| Variable Pay Fundamentals | - Overview and Concepts
|
1. In order to assign employees to a bonus plan, what relationships must be maintained?
A) Use a lookup field in the user data file
B) Assign the eligibility rule to a look up field in Eligibility data file
C) Use a lookup field in the employee history data file
D) Assign the eligibility rule to a look up field in bonus plan data file
2. What is the first step to activate the auditing of variable pay data?4 Please choose the correct answer.
A) Submit a CO ticket to Customer Success
B) Select the fields in the variable pay plan activity audit .
C) Schedule the quartz job called Comp Entry Audit Process
D) Enable the Audit setting in provisioning
3. Which setting must remain consistent when configuring variable pay background elements? There are 2 correct answers to this question.
A) Background element ID must always start with "varPayEmpHistData"
B) The assignment dates and the program dates must be identical
C) Target bonus amount must always use "basis" as data field ID
D) Type ID must always be 24
4. Which variable pay feature ensures that the minimum level of funding is achieved before there is a final payout?
Please choose the correct answer.
A) Team guidelines
B) Performance minimum
C) Business goal gates
D) Individual guidelines
5. What information does the override report provide? Please choose the correct answer.
A) Employees who have an amount entered which varies from the default guideline amount
B) Employees who have an amount entered in the field total Final Payout
C) Identify employees who were moved based on the advanced setting of "Do not override manually updated employees"
D) Employees who have the section percent values modified from the default
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A | Question # 3 Answer: A,C | Question # 4 Answer: C | Question # 5 Answer: B |
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