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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Variable Pay Form Administration | 11% - 20% | - Form management
|
| Topic 2: Employee History Data | 11% - 20% | - Employee data management
|
| Topic 3: Permissions and Security | < 10% | - Access management
|
| Topic 4: Variable Pay Program Settings | 11% - 20% | - Program configuration
|
| Topic 5: Integration and Reporting | < 10% | - System integration
|
| Topic 6: Business Goals and Goal Weights | 11% - 20% | - Goal management
|
| Topic 7: Bonus Calculation and Payout | 21% - 30% | - Compensation calculations
|
1. How is goal payout determined when using the direct payout function type?
A) The higher amount between the direct payout percentage and the performance maximum payout percentage will be used.
B) Direct payout percentage will override normal performance payout calculation.
C) The lower amount between the direct payout percentage and the estimated target payout calculation will be used.
D) The lower amount between the direct payout percentage and the performance minimum payout percentage will be used.
2. A customer is using a custom formula to calculate the employee basis. What must you do to ensure that the basis calculates correctly?
A) Configure the Basis field to be hidden in the background element.
B) Configure the Basis field as a custom field in the background element.
C) Delete the Basis field header when importing the employee history data file.
D) Leave the Basis field blank when importing the employee history data file.
3. What is included in the Bonus Payout Details report? Note: There are 3 correct answers to this question.
A) Payout guidelines for each employee
B) Total pay items for each employee
C) Multiple rows of payout for each employee
D) Eligibility criteria for each employee
E) Bonus calculation for each employee
4. 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 use a lookup table to derive the data based on conditional logic and are read-only.
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 editable.
D) The fields are mapped to import keys uploaded within the UDF and are read-only.
5. Which of the following fields are connected to reserved fields in the Variable Pay Background Element? Note:
There are 3 correct answers to this question.
A) Target Percentage
B) Salary
C) Local Currency Code
D) Basis
E) Variable Pay Program Name
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C,D,E | Question # 4 Answer: D | Question # 5 Answer: C,D,E |
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