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| Section | Weight | Objectives |
|---|---|---|
| Bonus Calculation and Payout | 21% - 30% | - Compensation calculations
|
| Integration and Reporting | < 10% | - System integration
|
| Employee History Data | 11% - 20% | - Employee data management
|
| Variable Pay Form Administration | 11% - 20% | - Form management
|
| Variable Pay Program Settings | 11% - 20% | - Program configuration
|
| Permissions and Security | < 10% | - Access management
|
| Business Goals and Goal Weights | 11% - 20% | - Goal management
|
1. What formula do you use to suppress statements?
A) if(finalPayout=0,"Valid","Invalid")
B) if(finalPayout=0, "Yes", "No")
C) if(finalPayout=0," ")
D) if(finalPayout=0,"FALSE","TRUE")
2. Your customer wants to display historical bonus payments with the current worksheet. How can they show this information? Note: There are 2 correct answers to this question.
A) Create eligibility rules to pull historical data from previous plans.
B) Define compensation period data in the compensation profile.
C) Build an integration with the previous variable pay goal template.
D) Configure custom views in plan setup.
3. An employee was part of the Consumer business unit from January 1-July 31 and transferred to the Corporate Support business unit beginning August 1. Based on the screenshot, what can you determine about this employee's eligibility?
A) This employee is eligible for the BU plan for a portion of the plan year, from August 1-December 31.
B) This employee is eligible for the Corp plan for the entire plan year, from January 1-December 31.
C) This employee is eligible for the BU plan for a portion of the plan year, from January 1-July 31.
D) This employees is eligible for the Corp plan from January 1-July 31 and the BU plan from August
1-December 31.
4. Which of the following can be achieved using variable pay gates? Notes: There are 2 correct answers to this question.
A) There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal CANNOT pay more than 100% unless Revenue achieves above target.
B) There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDAgoal will payout at 0% unless the Individual performance rating is "Good" or better.
C) There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The Individual section is capped to 100% unless the combined payout of the business goals exceeds 75%.
D) There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The entire business goal section will pay out at 50% unless Customer Satisfaction is above target.
5. Which of the following data files are linked by legacy eligibility rules? Note: There are 2 correct answers to this question.
A) Employee history data file
B) Bonus plan data file
C) Business goals data file
D) User data file
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,D | Question # 3 Answer: D | Question # 4 Answer: B,D | Question # 5 Answer: A,B |
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