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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Permissions and Security | 6% | - Access control
|
| Topic 2: Employee History Data | 18% | - Employee data preparation
|
| Topic 3: Implementation and Administration | 6% | - System administration
|
| Topic 4: Bonus Calculation and Funding | 14% | - Compensation calculations
|
| Topic 5: Business Goals and Goal Weights | 15% | - Goal management
|
| Topic 6: Reports and Executive Review | 8% | - Review and reporting
|
| Topic 7: Variable Pay Program Settings | 21% | - Program foundation configuration
|
| Topic 8: Form Configuration | 12% | - Worksheet setup
|
1. What report would you process to verify the calculation of business goal performance with the employee's target in their history?
Please choose the correct answer.
Response:
A) Bonus Payout Details
B) Employee History
C) Bonus Payout
D) Business goal Performance
2. Which fields are required in the Employee history data file?
There are 3 correct answers to this question.
Response:
A) Start Date
B) Bonus Target Percentage
C) End Date
D) Basis
E) Salary
3. Besides "Choose Bonus Plan", what are the other options for calculating the bonus payout?
There are 2 correct answers to this question.
Response:
A) By employee
B) By PM form type
C) By manager
D) By department
4. Why would you need to use multiple bonus plans?
There are 3 correct answers to this question.
Response:
A) Different set of business goals
B) Different Bonus plan caps
C) Different Bonus eligibility rules
D) Different Bonus Achievement calculations
E) Different Business Goals weights
5. Which column in the Eligibility file is used to connect to Bonus Plans?
Please choose the correct answer.
Response:
A) Field column
B) Rule Id column
C) Eligibility only connects to business goals
D) Value column
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,C,D | Question # 3 Answer: A,C | Question # 4 Answer: A,B,E | Question # 5 Answer: B |
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