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| Section | Weight | Objectives |
|---|---|---|
| Business Goals and Goal Weights | 12% | - Goal setup and file upload - Weight assignment and mapping |
| Eligibility | 8-12% | - Eligibility rule creation - Employee eligibility verification |
| Reports and Reward Statements | 8-12% | - Standard and custom reporting - Reward statement design |
| Integration Scenarios | 8-12% | - Data synchronization - Integration with Employee Central |
| Bonus Plans | <8% | - Plan structure and setup - Budget management |
| Employee History Data and Background Elements | 12% | - Data import and mapping - Background element configuration |
| Variable Pay Form | 8-12% | - Worksheet configuration - User interface customization |
| Variable Pay Program Settings | 12% | - Manage plan details and settings - Program creation and configuration |
| Bonus Calculation Methods | 8-12% | - Calculation formulas and logic - Proration and forecasting |
1. In order to assign employees to a bonus plan, what relationships must be maintained?
There are 2 correct answers to this question
A) Assign the eligibility rule to a look up field in Eligibility data file
B) Use a lookup field in the employee history data file
C) Use a lookup field in the user data file
D) Assign the eligibility rule to a look up field in bonus plan data file
2. This file defines the display order of business goals on the form. Please choose the correct answer.
A) Bonus Plan
B) Business Goals file
C) Goal weights file
D) Employee History Data
3. Why would you use the background element for variable pay? Please choose the correct answer.
A) To define the fields of variable pay portlet in employee profile
B) To define the fields for bonus plan file
C) To define the fields for employee history data file
D) To define the fields for business goals file
4. Where do you set the display order of the business goals? Please choose the correct answer
A) Business goals data file
B) Business goals in Manage plan details
C) Bonus plan data file
D) Weights and Mappings Data file
5. There are 3 correct answers to this question.
A) Forecast Budget
B) Modeling budget
C) Allocated budget
D) Results budget
E) Target budget
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A,B,D |
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