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NEW QUESTION # 14
Where do you define the payout function type?
- A. Background Element
- B. Business Goals
- C. Bonus Plan
- D. Business Goal Weights
Answer: B
NEW QUESTION # 15
Your customer, who has offices in the US and Germany, has the following two bonus schemes: Revenue Enabling Bonus. Revenue Generating Bonus. US employees in the Revenue Enabling Bonus scheme are weighted 40% Business Achievement and 60% Personal Achievement, while inGermany, it is 50% for each.
They all have the same business goal: "Corporate Results". US employees in the Revenue Generating Bonus scheme are weighted 35% Business Achievement and 65% Personal Achievement. The only business goal is
"Country Results", where the goal achievement differs between the US and Germany. What is the minimum number of bonus plans required to meet this requirement?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 16
The employee history data file import process was completed but returned with errors. Given the information in the screenshot, which column is causing the error message?
- A. The tgtPct column is using decimals.
- B. The basis column is using commas.
- C. The country column shows a code rather than a label.
- D. The endDate column is in mm/dd/yyyy format.
Answer: B
NEW QUESTION # 17
A customer is using a custom formula to calculate the employee basis. What must you do to ensure that the basis calculates correctly?
- A. Leave the Basis field blank when importing the employee history data file.
- B. Configure the Basis field to be hidden in the background element.
- C. Delete the Basis field header when importing the employee history data file.
- D. Configure the Basis field as a custom field in the background element.
Answer: B
NEW QUESTION # 18
Which of the following areas are impacted when a customer uses flexible payout curves in their Variable Pay plan? Note: There are 2 correct answers to this question.
- A. Reports
- B. Lookup values
- C. Guidelines
- D. Calculations
Answer: A,D
NEW QUESTION # 19
What is the relationship between goal weights and bonus plans?
- A. Goal weights are required to equal 100% for each bonus plan.
- B. Goals are uniquely weighted based on the bonus plan they are assigned to.
- C. Business goal weights must be created first, before bonus plans are created.
- D. All bonus plans must have equally weighted business goals.
Answer: A,B
NEW QUESTION # 20
The bonuses of all employees at your client are determined by the following results: 30% Corporate Performance. 30% Country Performance. 40% Individual Achievement. All employees have the same result for Corporate Performance, but the result for Country Performance varies based on the employee's country.
The Individual Achievement comes from a linked performance form's overall result. How would this be configured? Note: There are 2 correct answers to this question.
- A. Additive plan with two Business Goal sections. Corporate Performance in one Business Goal section, weighted at 30%. Country Performance in other section, weighted at 30%. Individual section weighted at 40%
- B. Additive plan with one Business Goal section. The Business Goal section is weighted 30% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%
- C. Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%
- D. Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 50% and Country Performance is weighted 50%
Answer: A,D
NEW QUESTION # 21
Where do you set the display order of the business goals?
- A. Business goal weights file
- B. Business goals file
- C. Bonus plan file
- D. Design Worksheet
Answer: A
NEW QUESTION # 22
Your customer wants to use its business units to assign goal achievements. What are the first steps to set up this requirement? Note: There are 2 correct answers to this question.
- A. Import business unit data via the user data file.
- B. Define the Business Unit field in the Variable Pay Background Element XML.
- C. Define the Business Unit field as a department in the Succession Data Model XML.
- D. Import business unit data via the employee history data file.
Answer: B,D
NEW QUESTION # 23
Your customer has added a new employee to their Employee History. Based on the employee's data, they are eligible for the bonus plan, but when the customer tries to manually add them to a worksheet, they receive an error that the employee is unable to be added because they are ineligible. What might have been missed?
- A. Reloading the goal weights file
- B. Recalculating bonus data
- C. Updating worksheets
- D. Updating business goals
Answer: B
NEW QUESTION # 24
Your customer wants to use business goals in a Variable Pay program. Which actions are needed? Note: There are 3 correct answers to this question.
- A. Assign the Business Goal template to the Variable Pay program.
- B. Reference the Plan ID in the Bonus Plan file.
- C. Reference the Plan ID in the business goal data file.
- D. Upload the Business Goal XML template in Provisioning.
- E. Update eligibility rules to include a bonus plan.
Answer: B,C,E
NEW QUESTION # 25
Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.
- A. Bonus Assignment Statement
- B. Personal Compensation Statement Notification
- C. Combined Rewards Statement
- D. Variable Pay Rewards Statement
- E. Variable Pay Individual View
Answer: B,C,D
NEW QUESTION # 26
Your client wants to change the label on a field in the Assignment Details level of their worksheet. Where could you make the change? Note: There are 2 correct answers to this question.
- A. Column Designer, Entry Level fields
- B. Column Designer, Assignment Level fields
- C. Employee History background element
- D. Custom Views
Answer: B,C
NEW QUESTION # 27
When employee profile is selected as the rating source for the Variable Pay program, which information is required for the bonus calculation? Note: There are 2 correct answers to this question.
- A. Performance management template name
- B. Rating type
- C. Effective date
- D. EC field mapping
Answer: B,C
NEW QUESTION # 28
Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.
- A. Division
- B. Multiplication
- C. Addition
- D. Subtraction
Answer: B,C
NEW QUESTION # 29
What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?
- A. Variable Pay individual view
- B. Bonus assignment letter
- C. Bonus forecast
- D. Compensation profile
Answer: B
NEW QUESTION # 30
What does the Enable Guideline Optimization setting do? Note: There are 2 correct answers to this question.
- A. It requires relaunching the form when guidelines are changed during mid-cycle.
- B. It changes the guidelines so they are updated on the form immediately.
- C. It locks the guideline rule settings so they are un-editable after form launch.
- D. It helps render the worksheet faster when there are more than 1,000 guideline formulas.
Answer: B,D
NEW QUESTION # 31
Which field types can be added to the variable pay background section? Note: There are 3 correct answers to this question.
- A. Integer fields
- B. Text fields
- C. Percentage fields
- D. Float fields
- E. Boolean fields
Answer: A,B,D
NEW QUESTION # 32
Which customer scenarios require the use of multiple variable pay programs? Note: There are 3 correct answers to this question.
- A. The customer has some employees in Employee Central and others in an external system.
- B. The customer is using a different route map.
- C. The customer is using a different bonus calculation formula.
- D. The customer is using different eligibility rules.
- E. The customer is using a different plan period date range.
Answer: B,C,E
NEW QUESTION # 33
Which steps should you take to activate the Variable Pay Individual View? Note: There are 3 correct answers to this question.
- A. Select Display Live Profile View.
- B. Add the Variable Pay Individual View to the Variable Plan template.
- C. Complete the Variable Pay forms.
- D. Add the Variable Pay Individual View to the Succession Data Model.
- E. Configure the employee files.
Answer: A,B,D
NEW QUESTION # 34
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