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| Section | Weight | Objectives |
|---|---|---|
| Business Goals and Goal Weights | 11% - 20% | - Goal management
|
| Permissions and Security | < 10% | - Access management
|
| Employee History Data | 11% - 20% | - Employee data management
|
| Bonus Calculation and Payout | 21% - 30% | - Compensation calculations
|
| Integration and Reporting | < 10% | - System integration
|
| Variable Pay Form Administration | 11% - 20% | - Form management
|
| Variable Pay Program Settings | 11% - 20% | - Program configuration
|
1. You have an Employee Central client who wants to calculate the basis, based on employee-specific data. From which of the following areas can you get this data? Note: There are 2 correct answers to this question.
A) Compensation information
B) Job information
C) Job relationships
D) Pay Component non-recurring
2. In which file do you specify the relationship between bonus plan and business goals?
A) Business goal template
B) Bonus plan data file
C) Weights and mappings data file
D) Business goals data file
3. Which of the following are payout function types supported in Business Goals? Note: There are 3 correct answers to this question.
A) Step scale
B) Direct payout
C) Additive
D) Interpolation
E) Multiplicative
4. What report requires that worksheets have been launched before it will show results?
A) Business goal performance
B) Bonus payout
C) Employee history gaps
D) Employee history overlaps
5. Which of the following areas are impacted when a customer uses flexible payout curves in their Variable Pay plan? Note: There are 2 correct answers to this question.
A) Reports
B) Guidelines
C) Calculations
D) Lookup values
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: C | Question # 3 Answer: B,D,E | Question # 4 Answer: B | Question # 5 Answer: A,C |
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