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| Section | Objectives |
|---|---|
| Topic 1: Variable Pay Program Settings | |
| Topic 2: Bonus Plans | |
| Topic 3: Reports and Reward Statements | |
| Topic 4: Variable Pay Form | |
| Topic 5: Business Goals and Goal Weights | |
| Topic 6: Employee History Data and Background Element | |
| Topic 7: Integration Scenarios | |
| Topic 8: Bonus Calculation Methods | |
| Topic 9: Eligibility |
1. Which of the following statements provide a description of Guidelines? There are 2 correct answers to this question.
A) Hard Limit set in guidelines can be overridden
B) Guidelines can be configured to be based on five custom fields
C) Guidelines are used only for Individual and Team components of bonus calculation
D) Guidelines can use multiple criteria
2. Your customer uses the non-assignment based rating (non-ABR) template. Which sections are used to add assignment-level custom fields?
There are 3 correct answers to this question
A) Entry level section
B) Employee history data section
C) Individual section
D) Business section
E) Team section
3. In order to assign employees to a bonus plan, what relationships must be maintained? There are 2 correct answers to this question
A) Use a lookup field in the employee history data file
B) Use a lookup field in the user data file
C) Assign the eligibility rule to a look up field in Eligibility data file
D) Assign the eligibility rule to a look up field in bonus plan data file
4. Why would you use manager form eligibility?
Please choose the correct answer.
A) To include bonus ineligible employees to be visible on varpay form
B) To include inactive users to be part of payout calculation
C) To include inactive users to be visible on varpay form
D) To include bonus ineligible employees to be part of payout calculation
5. Given the image below, what hierarchy method is being used in the template? Please choose the correct answer.
A) Compensation Manager Hierarchy
B) Standard suite hierarchy with inactive users
C) Standard suite hierarchy
D) Compensation Manager hierarchy with inactive users
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: C,D,E | Question # 3 Answer: A,D | Question # 4 Answer: A | Question # 5 Answer: A |
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