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| Section | Objectives |
|---|---|
| Business Goals and Goal Weights | |
| Eligibility | |
| Employee History Data and Background Element | |
| Integration Scenarios | |
| Bonus Calculation Methods | |
| Variable Pay Form | |
| Bonus Plans | |
| Variable Pay Program Settings | |
| Reports and Reward Statements |
1. This file defines the display order of business goals on the form. Please choose the correct answer.
A) Employee History Data
B) Bonus Plan
C) Business Goals file
D) Goal weights file
2. Which of the following statements provide a description of Guidelines? There are 2 correct answers to this question.
A) Guidelines are used only for Individual and Team components of bonus calculation
B) Hard Limit set in guidelines can be overridden
C) Guidelines can be configured to be based on five custom fields
D) Guidelines can use multiple criteria
3. Why would you need to use multiple bonus plans? There are 3 correct answers to this question.
A) Different set of business goals
B) Different Bonus eligibility rules
C) Different Business Goals weights
D) Different Bonus plan caps
E) Different Bonus Achievement calculations
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? Please choose the correct answer
A) The tgtpct column
B) The basis column
C) The endDate column
D) The salary column
5. Your customer has the following bonus plan eligibility requirements:
a. Hire date is on or before "8th Sept 2015"
b. Business unit is equal to "HR" or location is equal to "East" Which option can be used to fulfil this requirement? Please choose the correct answer.
A) Use configure business rules
B) Use bonus plan data file import .
C) Use compensation eligibility rules
D) Use eligibility rule data file import
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,D | Question # 3 Answer: A,C,D | Question # 4 Answer: B | Question # 5 Answer: D |
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