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| Section | Weight | Objectives |
|---|---|---|
| Business Goals and Goal Weights | 12% | - Goal setup and file upload - Weight assignment and mapping |
| Integration Scenarios | 8-12% | - Integration with Employee Central - Data synchronization |
| Reports and Reward Statements | 8-12% | - Standard and custom reporting - Reward statement design |
| Bonus Calculation Methods | 8-12% | - Proration and forecasting - Calculation formulas and logic |
| Employee History Data and Background Elements | 12% | - Data import and mapping - Background element configuration |
| Variable Pay Program Settings | 12% | - Manage plan details and settings - Program creation and configuration |
| Variable Pay Form | 8-12% | - User interface customization - Worksheet configuration |
| Bonus Plans | <8% | - Plan structure and setup - Budget management |
| Eligibility | 8-12% | - Employee eligibility verification - Eligibility rule creation |
1. Your customer wants to round to the nearest tenth for money fields. Which rounding rules can you use? There are 2 correct answers to this question.
A) #, ###, #
B) ###, 000
C) ###, ###
D) ####, 0
2. By default bonus forecasting results can be grouped into which categories? There are 2 correct answers to this question.
A) Country
B) Job code
C) Department
D) Planners
3. How can worksheets be created with employees reporting to different managers outside of the normal reporting relationship? Please choose the correct answer.
A) Create a second manager hierarchy and have the template use that hierarchy instead of the reporting hierarchy.
B) Create worksheets as done in compensation planning and move employees to other managers through employee membership
C) Assign the employees to matrix managers and use matrix managers in the route map
D) Use the custom manager option for assigning employees in the data file and in the route map
4. Basis is referred to as
Please choose the correct answer.
A) Calculated Individual payout
B) Final bonus payout
C) Section payout amount
D) Bonus target opportunity
5. How can you use one reward statement to display incentive data from multiple variable pay plans? Please choose the correct answer.
A) Use a Combine Statement template to add multiple plans
B) This is currently not supported
C) Use one Statement template and create multiple Variable Pay reward statements
D) This will require custom reward statement, and need to contact Customer Success
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A,C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |
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