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1. Which option can be used if you want end-of-year salary to be the bonus basis? Please choose the correct answer.
A) Import basis from UDF
B) Use a lookup table
C) Calculate basis using custom formula
D) Import basis from Employee History data file
2. How are business goals cascaded to employees? Please choose the correct answer.
A) Eligibility file contains the look-up attributes to cascade goals to employees
B) Business goals come from Performance Management forms
C) Business goal uses fields from Employee History file as look-up attributes
D) Bonus Plan defines which goals are assigned to bonus plan
3. The custom formula is tgtPcf'salary. Looking at the background element, what adjustment must be made?
Please choose the correct answer.
A) The tgtPct and salary fields must both be float fields
B) The basis field must be deleted from background element
C) The tgtPct and salary fields must both be numeric fields
D) The basis field must be hidden in the background element
4. The client has 3 business 3 business goals for their variable pay program: PROFIT. EBITA and NETSALES.
However, If their net sales is less than the payment regardless of performance) and payout will be zero. How can one goal's performance affect the payout of another goal? There are 2 correct answers to this question.
A) Using the performance minimum in business goals
B) Configuring an eligibility rule
C) Use IF/THEN logic to modify the payout amount at the assignment level
D) Using the gates option for business goals
5. What must be considered for custom basis formulas? There are 2 correct answers to this question.
A) The custom formula must use fields from the employee history file
B) The basis field(Field type ffldl) must be used to define the custom formula.
C) The custom formula must use fields from the user data file
D) Fields to be used in the custom formula must be defined as ffld or ifld fields
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A,D | Question # 5 Answer: B,D |
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