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1. Your customer wants to load the final results of business goals to be used in payout calculation. What column from the business goal import file must be used to load the results of each business goal?
A) payoutPercentTarget
B) directPayout
C) notes
D) payoutFunctionType
2. Where do you define the payout function type?
A) Business Goals
B) Background Element
C) Business Goal Weights
D) Bonus Plan
3. What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?
A) Variable Pay individual view
B) Bonus forecast
C) Bonus assignment letter
D) Compensation profile
4. Your customer, who has offices in the US and Germany, has the following two bonus schemes: Revenue Enabling Bonus. Revenue Generating Bonus. US employees in the Revenue Enabling Bonus scheme are weighted 40% Business Achievement and 60% Personal Achievement, while inGermany, it is 50% for each.
They all have the same business goal: "Corporate Results". US employees in the Revenue Generating Bonus scheme are weighted 35% Business Achievement and 65% Personal Achievement. The only business goal is
"Country Results", where the goal achievement differs between the US and Germany. What is the minimum number of bonus plans required to meet this requirement?
A) 4
B) 3
C) 1
D) 2
5. Which Variable Pay report shows employees that have less than the full plan year of eligibility?
A) Employee History Overlaps report
B) Employee History Gaps report
C) Bonus Payout Details report
D) Employee History report
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B |
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