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1. This permission allows users access to a Variable Pay form, even if they are not part of the route map. Please choose the correct answer.
A) Configure Program permission
B) Compensation Management Permission
C) Executive Review Permission
D) Manage Compensation Plan Template
2. Company ABC rewards its sales employees based on company and individual performance. An employee's individual performance is worth 80% of the total payout and business goals are worth 20% of the total payout. The business goals art corporate revenue, weighted 40% and corporate operating income amount, weighted 60%. The employee target bonus is
$1,000.
Corporate revenue amount 50%
Corporate operating income amount 100%
Target Individual Amount 120%
What is the final bonus payout amount?
Please choose the correct answer.
A) $1,160
B) $1,120
C) $960
D) $1,000
3. Your customer wants to measure the profit based on corporate divisions. In which files do you specify this look up field? Please choose the correct answer.
A) Employee history data file and business goals data file
B) User data file(UDF) and business goal data file
C) Employee history data file and Bonus plan data file
D) User Data File (UDF) and bonus plan data file.
4. In order to assign employees to a bonus plan, what relationships must be maintained? There are 2 correct answers to this question
A) Use a lookup field in the user data file
B) Use a lookup field in the employee history data file
C) Assign the eligibility rule to a look up field in bonus plan data file
D) Assign the eligibility rule to a look up field in Eligibility data file
5. How are bonus plans assigned to employee assignments? There are 2 correct answers to this question
A) The eligibility file should contain the bonus plan name
B) The bonus plan file includes start and end dates that correspond to each employee assignment dates
C) The bonus plan for each employee assignment is included in the employee history data file
D) Using the fields in employee history as look-up attributes in eligibility file
E) Creating rule in eligibility file that corresponds to each bonus plan
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B,C | Question # 5 Answer: D,E |
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