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NEW QUESTION # 21
In which customer scenario do you need to create more than one bonus plan in the same program?
- A. The customer has multiple sets of business goals.
- B. The customer has multiple plan period date ranges.
- C. The customer has multiple route maps.
- D. The customer is using multiple bonus calculation formulas.
Answer: A
NEW QUESTION # 22
Your customer is using a hybrid variable pay template because Employee Central (EC) has NOT been implemented within the entire company. How will you make sure that eligibility rules apply to both (EC and non-EC) target populations? Note: There are 3 correct answers to this question.
- A. Include inactive employees.
- B. Use Manager Form Eligibility.
- C. Configure multiple rules by EC entity for the program.
- D. Enable global eligibility rule.
- E. Use Bonus Plan Eligibility.
Answer: C
NEW QUESTION # 23
Your customer wants to ensure that no employee's bonus exceeds 200% of their bonus target. How can this be achieved?
- A. Use a bonus plan multiplier of 200%.
- B. Use bonus plan caps.
- C. Use gates on business goals.
- D. Use guidelines where the maximum is set to 200%.
Answer: B
NEW QUESTION # 24
The screenshot below is the entire currency conversion table. The functional currency of this customer is USD.
Which currency view modes can be used with this table?
- A. Functional, User, Planner, and Any Currency
- B. Functional and User
- C. Functional, User, and Planner
- D. Functional only
Answer: B
NEW QUESTION # 25
Which field types can be added to the variable pay background section? Note: There are 3 correct answers to this question.
- A. Float fields
- B. Text fields
- C. Integer fields
- D. Percentage fields
- E. Boolean fields
Answer: A,B,C
NEW QUESTION # 26
What attribute must you change when creating a new Business Goal XML template to ensure that the correct business goals are referenced?
- A. Plan ID
- B. Plan number format
- C. Plan name
- D. Plan type
Answer: A,C,D
NEW QUESTION # 27
Which bonus plan configuration is available only when using an import file?
- A. Bonus Cap Percentage
- B. Individual Section Weight
- C. Team Section Weight
- D. Bonus Plan Name
Answer: A
NEW QUESTION # 28
Which of the following are standard criteria that can be used to create guidelines in variable pay? Note: There are 3 correct answers to this question.
- A. Country
- B. Division
- C. Job level
- D. Rating
- E. Pay grade
Answer: C,D,E
NEW QUESTION # 29
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. Configure custom views in plan setup.
- C. Define compensation period data in the compensation profile.
- D. Build an integration with the previous variable pay goal template.
Answer: B,C
NEW QUESTION # 30
Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.
- A. Division
- B. Subtraction
- C. Multiplication
- D. Addition
Answer: C,D
NEW QUESTION # 31
In which ways can the basis be configured in a non-EC integrated plan? Note: There are 2 correct answers to this question.
- A. Imported from employee history
- B. Imported from goal management
- C. Imported from bonus plan
- D. Imported from user data file
Answer: A,D
NEW QUESTION # 32
Which scenario requires the weights and mappings data file to be reimported?
- A. Update in an employee's assignment date
- B. Change in business goal name
- C. Update in bonus cap
- D. Change in eligibility rule criteria
Answer: B
NEW QUESTION # 33
A customer's variable pay program dates are January 1 to December 31, 2017. Given the screenshot below, what are the approximate Proration and Prorated Target Amount for this assignment?
- A. 25% and 6,000 respectively
- B. 25% and 2,000 respectively
- C. 75% and 6,000 respectively
- D. 75% and 2,000 respectively
Answer: B
NEW QUESTION # 34
Your customer wants to use its business units to assign goal achievements. What are the first steps to set up this requirement? Note: There are 2 correct answers to this question.
- A. Import business unit data via the employee history data file.
- B. Define the Business Unit field in the Variable Pay Background Element XML.
- C. Define the Business Unit field as a department in the Succession Data Model XML.
- D. Import business unit data via the user data file.
Answer: A,B
NEW QUESTION # 35
How can you create worksheets where employees have planners outside their line manager hierarchy?
- A. Use the custom manager option for assigning employees in the user data file and in the route map.
- B. Assign the employees to matrix managers and use matrix managers in the route map.
- C. Create the worksheets the same as in compensation planning and move employees to other managers through Employee Membership.
- D. Create a Second Manager hierarchy and set the template to use this hierarchy instead of the Standard hierarchy.
Answer: D
NEW QUESTION # 36
What is the relationship between goal weights and bonus plans?
- A. Business goal weights must be created first, before bonus plans are created.
- B. Goal weights are required to equal 100% for each bonus plan.
- C. All bonus plans must have equally weighted business goals.
- D. Goals are uniquely weighted based on the bonus plan they are assigned to.
Answer: B,D
NEW QUESTION # 37
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 are mapped to import keys uploaded within the UDF and are editable.
- B. The fields use a custom calculation and are read-only.
- C. The fields are mapped to import keys uploaded within the UDF and are read-only.
- D. The fields use a lookup table to derive the data based on conditional logic and are read-only.
Answer: C
NEW QUESTION # 38
Where do you set the display order of the business goals?
- A. Business goals file
- B. Design Worksheet
- C. Bonus plan file
- D. Business goal weights file
Answer: D
NEW QUESTION # 39
Assume a starting point of "All employees are eligible" and all employees will appear on the worksheet regardless of employee history. Why would you use Manager Form Eligibility Rules?
- A. To exclude employees who have given their notice from the Variable Pay form
- B. To include inactive users as part of the payout calculation
- C. To include inactive users as part of the Variable Pay form
- D. To exclude employees who have given their notice from the bonus payout calculation
Answer: D
NEW QUESTION # 40
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