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| Section | Weight | Objectives |
|---|---|---|
| Employee History Data | 18% | - Employee data preparation
|
| Reports and Executive Review | 8% | - Review and reporting
|
| Variable Pay Program Settings | 21% | - Program foundation configuration
|
| Implementation and Administration | 6% | - System administration
|
| Form Configuration | 12% | - Worksheet setup
|
| Permissions and Security | 6% | - Access control
|
| Business Goals and Goal Weights | 15% | - Goal management
|
| Bonus Calculation and Funding | 14% | - Compensation calculations
|
1. Customer variable pay program dates are January 1 to December 31, 2014. Given the screenshot below, what are proration and prorated target amount?
Please choose the correct answer.
Response:
A) 75% and 6000 respectively
B) 75% and 2000 respectively
C) 25% and 2000 respectively
D) 25% and 6000 respectively
2. This feature allows managers and employees to see an individual employee view of the Variable Pay bonus plan.
Please choose the correct answer.
Response:
A) Configure label names and visibility
B) Role-Based permission
C) Live profile visibility
D) Field-Based permission
3. In which file do you include forecasted data for what-if scenarios?
Please choose the correct answer.
Response:
A) Weights and mappings
B) Business goals
C) Bonus plans
D) Employee history
4. Why would you use the background element for variable pay?
Please choose the correct answer.
Response:
A) To define the fields for bonus plan file
B) To define the fields of variable pay portlet in employee profile
C) To define the fields for employee history data file
D) To define the fields for business goals file
5. Which file do you use to derive the bonus target amount for bonus calculation?
Please choose the correct answer.
Response:
A) Bonus Plans Import file
B) Employee History Data file
C) Business goals import file
D) User Data file
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: C |
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