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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Business Goals and Goal Weights | 11% - 20% | - Goal management
|
| Topic 2: Integration and Reporting | < 10% | - System integration
|
| Topic 3: Bonus Calculation and Payout | 21% - 30% | - Compensation calculations
|
| Topic 4: Employee History Data | 11% - 20% | - Employee data management
|
| Topic 5: Permissions and Security | < 10% | - Access management
|
| Topic 6: Variable Pay Program Settings | 11% - 20% | - Program configuration
|
| Topic 7: Variable Pay Form Administration | 11% - 20% | - Form management
|
1. Which bonus plan configuration is available only when using an import file?
A) Bonus Plan Name
B) Team Section Weight
C) Bonus Cap Percentage
D) Individual Section Weight
2. A customer does NOT want the basis to be prorated. In the employee history data file, what dates must the customer enter?
A) Dates equal to the program dates
B) Dates should NOT be entered
C) Dates later than program dates
D) Dates earlier than program dates
3. A client has three custom fields in their templates and they want to use these fields as plan-level Executive Review filters to help with their analysis. Which of the following is a valid configuration option for this requirement in a non-EC configuration?
A) The fields use a lookup table to derive the data based on conditional logic and are read-only.
B) The fields are mapped to import keys uploaded within the UDF and are editable.
C) The fields are mapped to import keys uploaded within the UDF and are read-only.
D) The fields use a custom calculation and are read-only.
4. From where can you pull fields to assign business goals to employees through the business goals import file?
A) Summary level standard fields
B) Summary level custom reportable fields
C) Bonus plan weights
D) Employee history fields
5. Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.
A) Multiplication
B) Subtraction
C) Division
D) Addition
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A,D |
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