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| Section | Objectives |
|---|---|
| Execution and Reporting | - Worksheet and Payout Management
|
| Configuration and Administration | - Bonus Plans and Calculation
|
| Variable Pay Fundamentals | - Overview and Concepts
|
1. 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 XML file
B) Variable Pay Program XML file
C) Business Goals import file
D) Business Goal Weights import file
2. What are the different payout function types? There are 3 correct answers to this question.
A) Direct
B) Proration
C) Indirect
D) Interpolation
E) nstep
3. The custom formula is tgtPcf'salary. Looking at the background element, what adjustment must be made? Please choose the correct answer.
A) The tgtPct and salary fields must both be float fields
B) The basis field must be deleted from background element
C) The tgtPct and salary fields must both be numeric fields
D) The basis field must be hidden in the background element
4. Which parameters can you use in the "Based On Budget Calculation" section for Variable Pay Program? There are 3 correct answers to this question.
A) Group
B) Results
C) Forecast
D) Template
E) User
5. In which file do you include forecasted data for what-if scenarios? Please choose the correct answer.
A) Business goals
B) Bonus plans
C) Employee history
D) Weights and mappings
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,D,E | Question # 3 Answer: D | Question # 4 Answer: A,D,E | Question # 5 Answer: C |
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