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| Section | Objectives |
|---|---|
| Topic 1: Execution and Reporting | - Worksheet and Payout Management
|
| Topic 2: Configuration and Administration | - Bonus Plans and Calculation
|
| Topic 3: Variable Pay Fundamentals | - Overview and Concepts
|
1. Which setting must remain consistent when configuring variable pay background elements? There are 2 correct answers to this question.
A) Background element ID must always start with "varPayEmpHistData"
B) Target bonus amount must always use "basis" as data field ID
C) Type ID must always be 24
D) The assignment dates and the program dates must be identical
2. Given the image below, Which employee gets all three bonus plans? Please choose the correct answer.
A) smormony1
B) JLo1
C) rmaxx1
D) mhoff1
3. When forecasting individual goals, which of the following settings are available? Please choose the correct answer.
A) Current year target amount
B) Previous year's guidelines
C) Custom calculation for bonus forecasting.
D) Current guidelines
4. The employee history data file import process was completed but returned with errors.
Given the image below, which column is causing the error message?
A) The tgtpct column
B) The basis column
C) The endDate column
D) The salary column
5. In which file do you include forecasted data for what-if scenarios? Please choose the correct answer.
A) Business goals
B) Weights and mappings
C) Employee history
D) Bonus plans
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: C |
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