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NEW QUESTION # 43
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?
- A. 4000 x 50% x (80% x 50% + 90% x 50%) + 4000 x 50% x 150%
- B. 150% x (4000 x 50% x (80% + 4000 x 50% x 90%
- C. 4000 x 150% + 4000 x (80% x 50% + 90% x 50%)
- D. 4000 x 150% x (80% x 50% + 90% x 50%)
Answer: A
NEW QUESTION # 44
An employee was part of the Consumer business unit from January 1-July 31 and transferred to the Corporate Support business unit beginning August 1. Based on the screenshot, what can you determine about this employee's eligibility?
- A. This employees is eligible for the Corp plan from January 1-July 31 and the BU plan from August
1-December 31. - B. This employee is eligible for the BU plan for a portion of the plan year, from January 1-July 31.
- C. This employee is eligible for the BU plan for a portion of the plan year, from August 1-December 31.
- D. This employee is eligible for the Corp plan for the entire plan year, from January 1-December 31.
Answer: A
NEW QUESTION # 45
What is the relationship between goal weights and bonus plans?
- A. Goals are uniquely weighted based on the bonus plan they are assigned to.
- B. Goal weights are required to equal 100% for each bonus plan.
- C. All bonus plans must have equally weighted business goals.
- D. Business goal weights must be created first, before bonus plans are created.
Answer: A,B
NEW QUESTION # 46
In which customer scenario do you need to create more than one bonus plan in the same program?
- A. The customer has multiple plan period date ranges.
- B. The customer has multiple route maps.
- C. The customer has multiple sets of business goals.
- D. The customer is using multiple bonus calculation formulas.
Answer: C
NEW QUESTION # 47
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. directPayout
- B. notes
- C. payoutFunctionType
- D. payoutPercentTarget
Answer: D
NEW QUESTION # 48
A customer has implemented Employee Central for most of their employees, but some employees remain on SAP ERP. What plan setting allows for the use of a single template for all employees?
- A. Hybrid template
- B. Enable Guideline Optimization
- C. Enable Suppress Statement
- D. Use MDF rule instead of imported eligibility rule
Answer: A
NEW QUESTION # 49
In which customer scenarios are multiple bonus plans required in a single program? Note: There are 2 correct answers to this question.
- A. There is a single business goal applied to Manufacturing and Engineering, but HR is excluded from the bonus process.
- B. The bonuses of different groups of employees are affected by different business goals.
- C. In some countries, the bonus is multiplicative, while in others it is additive.
- D. There are only two business goals, but the weighting of the goals varies by employee grade.
Answer: B,D
NEW QUESTION # 50
You want to see historical payouts initiated through manager self-service from the Variable Pay form. What do you use?
- A. Executive review
- B. Custom views
- C. Field-based permission
- D. Compensation profile
Answer: D
NEW QUESTION # 51
Your customer wants to use its business units to assign goal achievements. What are the first steps to set up this requirement? Note: There are 2 correct answers to this question.
- A. Import business unit data via the employee history data file.
- B. Define the Business Unit field as a department in the Succession Data Model XML.
- C. Define the Business Unit field in the Variable Pay Background Element XML.
- D. Import business unit data via the user data file.
Answer: A,C
NEW QUESTION # 52
Which scenario requires the weights and mappings data file to be reimported?
- A. Change in business goal name
- B. Update in an employee's assignment date
- C. Change in eligibility rule criteria
- D. Update in bonus cap
Answer: A
NEW QUESTION # 53
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.
- A. Include inactive employees.
- B. Use Manager Form Eligibility.
- C. Use Bonus Plan Eligibility.
- D. Configure multiple rules by EC entity for the program.
- E. Enable global eligibility rule.
Answer: D
NEW QUESTION # 54
Company XYZ rewards its sales employees based on company and individual performance. Each employee's target bonus is a percentage of their salary. Both company and individual performance are combined, then multiplied by the basis. Employees are assigned weighted goals under company performance (revenue, profit, etc.). Which of the following bonus calculation equations is best to use for this organization?
- A. base x business performance x individual performance
- B. base + (business performance + individual performance)
- C. base x (business performance x individual performance)
- D. base x (business performance + individual performance)
Answer: D
NEW QUESTION # 55
Where do you define the payout function type?
- A. Background Element
- B. Business Goals
- C. Bonus Plan
- D. Business Goal Weights
Answer: B
NEW QUESTION # 56
Which field-name attributes of a variable pay background element are reserved for a specific purpose? Note:
There are 2 correct answers to this question.
- A. vfid5
- B. ifid1
- C. ffid1
- D. dfid1
Answer: A,C
NEW QUESTION # 57
Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.
- A. Personal Compensation Statement Notification
- B. Bonus Assignment Statement
- C. Variable Pay Individual View
- D. Variable Pay Rewards Statement
- E. Combined Rewards Statement
Answer: A,D,E
NEW QUESTION # 58
Your customer wants to display historical bonus payments with the current worksheet. How can they show this information? Note: There are 2 correct answers to this question.
- A. Configure custom views in plan setup.
- B. Create eligibility rules to pull historical data from previous plans.
- C. Define compensation period data in the compensation profile.
- D. Build an integration with the previous variable pay goal template.
Answer: A,C
NEW QUESTION # 59
Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.
- A. Multiplication
- B. Addition
- C. Division
- D. Subtraction
Answer: A,B
NEW QUESTION # 60
From where can you pull fields to assign business goals to employees through the business goals import file?
- A. Summary level standard fields
- B. Summary level custom reportable fields
- C. Bonus plan weights
- D. Employee history fields
Answer: D
NEW QUESTION # 61
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