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1. A customer is using a custom formula to calculate the employee basis.

What must you do to ensure that the basis calculates correctly?

Configure the Basis field as a custom field in the background element.

Leave the Basis field blank when importing the employee history data file.

Delete the Basis field header when importing the employee history data file.

Configure the Basis field to be hidden in the background element.

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2. 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.

Use Bonus Plan Eligibility.

Include inactive employees.

Use Manager Form Eligibility.

Enable global eligibility rule.

Configure multiple rules by EC entity for the program.

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3. Which of the following data files are linked by legacy eligibility rules? Note: There are 2 correct answers to this question.

Business goals data file

Bonus plan data file

User data file

Employee history data file

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4. You have an Employee Central client who wants to calculate the basis, based on employee-specific data. From which of the following areas can you get this data? Note: There are 2 correct answers to this question.

Job information

Job relationships

Pay Component non-recurring

Compensation information

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5. How would you assign the same business goal to all employees in a non-EC integrated plan?

Use the correct performance management form template.

Use the user ID of each employee in the business goals file.

Use the Manage Employee grouping.

Use a common field value for all employees in the employee history file.

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6. In which customer scenario do you need to create more than one bonus plan in the same program?

The customer has multiple plan period date ranges.

The customer is using multiple bonus calculation formulas.

The customer has multiple route maps.

The customer has multiple sets of business goals.

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7. Your client has a performance process where employees can enter goals. The individual part of the employee's bonus is based on the performance against these goals C but not all of them. When going through the goal setting process, the employee and their manager will discuss whether or not a goal is "bonus relevant" C that is, the employee's attainment against that goal affects their bonus at the end of the year.

What is the best way to set this up without administrative intervention?

Relevant goal performance is imported into each employee's Assignment History.

Goals that are relevant to the employee's bonus need to have a different type, set when creating the goal.

Goals that are relevant to the employee's bonus need to be in a separate section in the performance form.

Goals that are relevant to the employee's bonus need to be exported from Goal Management and imported into Business Goals.

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8. Due to some company reorganizations and rapid career advancement, an employee at your client has the following data in Employee Central: On the Variable Pay template, there is a custom string column that is mapped to the Job Title field on the Job Information portlet in Employee Central. The Effective Date of the template is June 1, 2020. The Bonus Period is from January 1, 2020 to December

31, 2020.

What is displayed in the Job Title field when the forms are launched?

Marketing Assistant

Marketing Manager

Sales Advisor

Sales Associate

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9. Why might you use the check tool? Note: There are 2 correct answers to this question.

To determine if goal weights are equal to 100%

To determine if employees are assigned to an appropriate bonus plan

To determine if custom fields are reloadable

To determine inactive planners in the hierarchy

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10. Which of the following are payout function types supported in Business Goals? Note: There are 3 correct answers to this question.

Step scale

Multiplicative

Interpolation

Additive

Direct payout

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11. 1.Your customer uses role-based permissions. The Variable Pay administrator imports the employee history data file that contains the assignment history for all employees.

What data is processed?

Data for all employees when the option "Import file contains assignment history for all employees" is checked

Data for employees who are in the administrator's dynamic group

Data for employees who are in the administrator's target population

Data for all employees when the option "Delete all existing records prior to importing new data" is checked

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12. What formula do you use to suppress statements?

if(finalPayout=0,"FALSE","TRUE")

if(finalPayout=0,"Valid","Invalid")

if(finalPayout=0," ")

if(finalPayout=0, "Yes", "No")

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13. You are implementing an Employee Central-integrated Variable Pay template. The employee has 3 assignment records pulled from Employee Central, each with start and end dates within the bonus period, resulting in NO gaps or overlaps.

What is the impact of the 3 assignment records on the payout?

The last record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.

Each record is considered when the employee's bonus payout is calculated and the bonus is prorated based on the dates of each record.

The first record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.

Each record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.

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14. Which customer scenarios require the use of multiple variable pay programs? Note: There are 3 correct answers to this question.

The customer is using a different bonus calculation formula.

The customer is using a different plan period date range.

The customer is using different eligibility rules.

The customer has some employees in Employee Central and others in an external system.

The customer is using a different route map.

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15. Which Variable Pay report shows employees that have less than the full plan year of eligibility?

Employee History Overlaps report

Employee History Gaps report

Employee History report

Bonus Payout Details report

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16. A performance management (PM) form will be considered a match to an assignment when its period overlaps with the period of the assignment.

Which combination of conditions qualifies as "overlap"?

PM form start date >= Assignment end date. Assignment start date <= PM form start date

PM form start date <= Assignment start date. Assignment start date >= PM form end date

PM form start date <= Assignment end date. Assignment start date <= PM form end date

PM form start date <= Assignment start date. PM form end date <= Assignment end date

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17. Company ABC rewards its employees using an additive plan based on company (50% weight) and individual (50% weight) performance. An employee’s target bonus is 4,000 (100% payout). The company performance is based on two objectives, each weighted at 50% ― revenue and operating Income. The revenue objective achievement is 80% and the operating income objective achievement is 90%.

If the Individual achievement is 150%, which expression best represents how the bonus is calculated?

4000 x 50% x (80% x 50% + 90% x 50%) + 4000 x 50% x 150%

4000 x 150% x (80% x 50% + 90% x 50%)

150% x (4000 x 50% x (80% + 4000 x 50% x 90%

4000 x 150% + 4000 x (80% x 50% + 90% x 50%)

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18. 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?

75% and 6,000 respectively

25% and 2,000 respectively

75% and 2,000 respectively

25% and 6,000 respectively

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19. Which of the following can be achieved using variable pay gates? Notes: There are 2 correct answers to this question.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The Individual section is capped to 100% unless the combined payout of the business goals exceeds 75%.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The entire business goal section will pay out at 50% unless Customer Satisfaction is above target.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal CANNOT pay more than 100% unless Revenue achieves above target.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal will payout at 0% unless the Individual performance rating is "Good" or better.

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20. 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.

Division

Rating

Job level

Country

Pay grade

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21. Which of the following system-standard equations are considered to be multiplicative formulas? Note: There are 3 correct answers to this question.

Base x business performance x individual performance

Base x business performance x team performance x individual performance

Base x business performance

Base x (business performance + team performance + individual performance)

Base x (business performance + individual performance)

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22. What information should be entered into the varPayProgramName column of the employee history

data file?

The plan template name

The background element name

The variable pay objective plan ID

The background type ID

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23. The bonuses of all employees at your client are determined by the following results: 30% Corporate Performance. 30% Country Performance. 40% Individual Achievement. All employees have the same result for Corporate Performance, but the result for Country Performance varies based on the employee's country. The Individual Achievement comes from a linked performance form's overall result.

How would this be configured? Note: There are 2 correct answers to this question.

Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 50% and Country Performance is weighted 50%

Additive plan with two Business Goal sections. Corporate Performance in one Business Goal section, weighted at 30%. Country Performance in other section, weighted at 30%. Individual section weighted at 40%

Additive plan with one Business Goal section. The Business Goal section is weighted 30% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%

Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%

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24. In which ways can the basis be configured in a non-EC integrated plan? Note: There are 2 correct answers to this question.

Imported from bonus plan

Imported from goal management

Imported from employee history

Imported from user data file

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