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1. Which field changes in the employee history editor require a recalculation of the bonus payout to update ex Please choose the correct answer.
Response:
A) User name
B) Basis
C) Payout percent
D) Assignment Dates
2. You imported the Employee History Data file. The import job was completed with the status "failure record". What needs to be checked in the Employee History Data file?
There are 2 correct answers to this question.
Response:
A) User name
B) Variable Pay Program Name
C) User ID
D) Variable Pay Program ID
3. In which situation does an employee need to be moved between worksheets?
Please choose the correct answer.
Response:
A) Change of bonus plan assignment
B) Change of HR manager
C) Change of performance period
D) Change of reporting manager
4. 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.
Response:
A) Multiple Business goal sections
B) Goal accelerators
C) Flexible payout curves
D) Goal Gates
5. What is the Difference between additive and multiplicative formulas for bonus calculation?
Please choose the correct answer.
Response:
A) Additive formulas use payout percent whereas multiplicative formulas use section weights.
B) Additive formulas use section weights whereas multiplicative formulas use payout percent
C) Additive formulas use payout amount whereas multiplicative formulas use payout percent
D) Additive formulas use payout percent whereas multiplicative formulas use payout amount multiplied by section weights.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,C | Question # 3 Answer: A | Question # 4 Answer: B,D | Question # 5 Answer: C |
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