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NEW QUESTION 36
Your customer uses Business Goals in a Variable Pay Program. All the necessary configuration is completed.
You have launched the Variable Pay worksheet and the observed Bonus Payout is calculated correctly but Business Goals do not appear in the worksheet.
With all necessary permissions given, which file do you need to check?
Please choose the correct answer
- A. Business Goal Weights import file
- B. Business Goal XML file
- C. Variable Pay Program XML file
- D. Business Goals import file
Answer: A
NEW QUESTION 37
How does the variable pay form determine the default compensation number format? Please choose the correct answer
- A. Based on the planner's imported default locale
- B. Based on the format assigned to the field
- C. Based on the number format rules
- D. Based on the employee's importeddefault locale
Answer: C
NEW QUESTION 38
Which feature allows you to configure more than 5 predetermined points of min, low target, high, max for goal performance? There are 2 correct answers to this question
- A. Goal Gates
- B. Multiple Business goal sections
- C. Goal accelerators
- D. Flexible payout curves
Answer: A,C
NEW QUESTION 39
An employee appears on a variable pay form with greyed out data. Why does this occur? There are 2 correct answers to this question.
- A. PM forms for the employee are missing.
- B. The employee was excluded, according to the Manage Form eligibility rule.
- C. The status of the employee is "inactive".
- D. The employee is missing in the Employee History data file.
Answer: B,D
NEW QUESTION 40
What does a point-in-time calculation mean? Please choose the correct answer
- A. Goal payout will not be pro-rated
- B. Employee assignment will not be pro-rated
- C. Target amount is based on effective date of each assignment
- D. Target amount is based on a fixed date
Answer: C
NEW QUESTION 41
What are the different payout function types? There are 3 correct answers to this question.
- A. Proration
- B. Direct
- C. Interpolation
- D. Step
- E. Indirect
Answer: B,C,D
NEW QUESTION 42
Your customer uses role-based permissions. The Variable pay administrator imports the Employee History Data which contains the assignment history for all employees Which data is uploaded?
- A. Data for all employees,when the option "Import file contains assignment history for all employees" is checked
- B. Data for employees who are in the admin's Target population.
- C. Data for all employees, when the option "Delete all existing records prior to importing new data" is checked.
- D. Data for employees who are in the admin's Dynamic group
Answer: C
NEW QUESTION 43
In which file do you include forecasted data for what-if scenarios? Please choose the correct answer.
- A. Employee history
- B. Bonus plans
- C. Weights and mappings
- D. Business goals
Answer: A
NEW QUESTION 44
Which option can be used if you want end-of-year salary to be the bonus basis? Please choose the correct answer.
- A. Import basis from UDF
- B. Use a lookup table
- C. Calculate basis using custom formula
- D. Import basis from Employee History data file
Answer: A
NEW QUESTION 45
This compensation hierarchy designates all managers to be compensation planners.
Please choose the correct answer
- A. Standard Suite Hierarchy
- B. Second Manager Hierarchy
- C. Rollup Hierarchy
Answer: A
NEW QUESTION 46
Your customer asks for separate teams to manage the compensation process across the globe using a single template for the organization.
Which features are required?
There are 2 correct answers to this question.
- A. Field Permission Groups
- B. Role-Based Per
- C. Decentralized Admin
- D. Statement Assignment Groups
Answer: B,C
NEW QUESTION 47
How can you use one reward statement to display incentive data from multiple variable pay plans? Please choose the correct answer.
- A. This iscurrently not supported
- B. Use one Statement template and create multiple Variable Pay reward statements
- C. This will require custom reward statement, and need to contact Customer Success
- D. Use a Combine Statement template to add multiple plans
Answer: D
NEW QUESTION 48
Which field changes in the employee history editor require a recalculation of the bonus payout to update ex Please choose thecorrect answer.
- A. User name
- B. Assignment Dates
- C. Payout percent
- D. Basis
Answer: B
NEW QUESTION 49
Eligibility file is linked to which import files? Please choose the correct answer.
- A. Bonus plan data file
- B. User data file
- C. Employee history data file
- D. Business goals data file
Answer: C
NEW QUESTION 50
When forecastingindividual goals, which of the following settings are available? Please choose the correct answer.
- A. Current year target amount
- B. Current guidelines
- C. Custom calculation for bonus forecasting.
- D. Previous year's guidelines
Answer: C
NEW QUESTION 51
Which of the following Variable Pay scenarios can you use in feature allows you to configure more than 5 predetermined points of min, I for?
There are 2 correct answers to this question.
- A. Checkemployees assignment gap
- B. Check to see if employees are assigned to correct bonus plans
- C. Check for formula configuration
- D. Check for inactive planners
Answer: C,D
NEW QUESTION 52
Before importing a new business goal XML template, what do you need to change? There are 3 correct answers to this question
- A. Plan ID
- B. Plan Number Format
- C. Plan Start Date
- D. Plan Type
- E. Plan Name
Answer: A,D,E
NEW QUESTION 53
Given the image below , Which employee get all three bonus plans?
- A. mhofff
- B. JLo1
- C. smormony
- D. rmaxxl
Answer: D
NEW QUESTION 54
This file contains the achievement forecasts and results. Please choose the correct answer.
- A. Employee History
- B. Bonus Plan
- C. Goal weights
- D. Business Goals
Answer: D
NEW QUESTION 55
One example of a bonus calculation formula is base multiplied by individual performance What does Base indicates? Please choose the correct answer.
- A. Bonus section weight
- B. Bonus Target amount
- C. Bonus Actual Amount
- D. Bonus payout percentage
Answer: D
NEW QUESTION 56
A customer does not want the basis to be prorated. In the employee history data file, what dates must the customer enter? Please choose the correct answer.
- A. Dates earlier or equal to program dates
- B. Dates later than program dates
- C. Dates earlier than program dates
- D. Dates equal to the program dates
Answer: A
NEW QUESTION 57
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