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| Section | Weight | Objectives |
|---|---|---|
| Bonus Calculation Methods | 10% | - Payout calculation scenarios - Custom basis configuration - Formula configuration |
| Employee History Data & Background Elements | 11-20% | - Assignment history handling - Background element configuration - Data file structure and import |
| Eligibility | 10% | - Rule validation and troubleshooting - Eligibility rule definition - Eligibility file configuration |
| Variable Pay Program Settings | 11-20% | - Role-based permissions - Program configuration and setup - Template and XML configuration |
| Reports and Reward Statements | <=10% | - Export and distribution - Standard reports - Statement generation and customization |
| Bonus Plans | 11-20% | - Plan assignment logic - Proration and rounding rules - Plan creation and attributes |
| Integration Scenarios | <=10% | - Data flow and synchronization - Integration with Employee Central - Integration with Compensation |
| Business Goals and Goal Weights | 11-20% | - Weighting and performance scale configuration - Goal file setup and import - Goal calculation logic |
1. 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) Calculate basis using custom formula
C) Import basis from Employee History data file
D) Use a lookup table
2. 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) Results
B) Template
C) Forecast
D) User
E) Group
3. Which report can be generated only after worksheets have been launched? Please choose the correct answer.
A) Bonus Payout
B) Bonus Payout Details
C) Employee History Gaps
D) Business goal Performance
4. Which "field-name" attributes of a variable pay back ground element are reserved for specific data field ids?
There are 2 correct answers to this question.
A) Ifidl
B) Dfldl
C) Vfid5
D) Ffid1
5. The client has 3 business 3 business goals for their variable pay program: PROFIT. EBITA and NETSALES.
However, If their net sales is less than the payment regardless of performance) and payout will be zero. How can one goal's performance affect the payout of another goal? There are 2 correct answers to this question.
A) Using the performance minimum in business goals
B) Use IF/THEN logic to modify the payout amount at the assignment level
C) Configuring an eligibility rule
D) Using the gates option for business goals
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,D,E | Question # 3 Answer: A | Question # 4 Answer: C,D | Question # 5 Answer: A,D |
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