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| Section | Objectives |
|---|---|
| Topic 1: Variable Pay Fundamentals | - Overview and Concepts
|
| Topic 2: Execution and Reporting | - Worksheet and Payout Management
|
| Topic 3: Configuration and Administration | - Bonus Plans and Calculation
|
1. Besides "Choose Bonus Plan", what are the other options for calculating the bonus payout? There are 2 correct answers to this question.
A) By manager
B) By PM form type
C) By employee
D) By department
2. The customer is using a custom formula to calculate for employee basis. What do you need to do in regards to the basis field maintenance?
A) Leave the field blank when importing the Employee History data file
B) Delete the field when importing the Employee history data file
C) Configure the field to be hidden in the background element
D) Configure the field as a custom field in the back ground element
3. Which object uses instance synchronization feature? Please choose the correct answer.
A) Currency conversion table
B) Variable pay Program template
C) Lookup table
D) Variable pay statement template
4. 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 tgtPct and salary fields must both be numeric fields
C) The basis field must be hidden in the background element
D) The basis field must be deleted from background element
5. Which options defines bonus caps?
There are 2 correct answers to this question.
A) By employee
B) By Bonus plan
C) By planner
D) By business goals
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A,B |
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