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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Integration Scenarios | 8-12% | - Integration with Employee Central - Data synchronization |
| Topic 2: Bonus Plans | <8% | - Budget management - Plan structure and setup |
| Topic 3: Variable Pay Program Settings | 12% | - Program creation and configuration - Manage plan details and settings |
| Topic 4: Variable Pay Form | 8-12% | - Worksheet configuration - User interface customization |
| Topic 5: Eligibility | 8-12% | - Employee eligibility verification - Eligibility rule creation |
| Topic 6: Employee History Data and Background Elements | 12% | - Background element configuration - Data import and mapping |
| Topic 7: Bonus Calculation Methods | 8-12% | - Proration and forecasting - Calculation formulas and logic |
| Topic 8: Business Goals and Goal Weights | 12% | - Goal setup and file upload - Weight assignment and mapping |
| Topic 9: Reports and Reward Statements | 8-12% | - Reward statement design - Standard and custom reporting |
1. Your customer has the following bonus plan eligibility requirements:
a. Hire date is on or before "8th Sept 2015"
b. Business unit is equal to "HR" or location is equal to "East" Which option can be used to fulfil this requirement? Please choose the correct answer.
A) Use bonus plan data file import
B) Use configure business rules
C) Use eligibility rule data file import
D) Use compensation eligibility rules
2. Where do you set the display order of the business goals? Please choose the correct answer
A) Bonus plan data file
B) Weights and Mappings Data file
C) Business goals in Manage plan details
D) Business goals data file
3. In which section of the variable pay form is the total payout displayed? Please choose the correct answer.
A) Business Goals Performance
B) Individual Performance
C) Employee History
D) Entry Level
4. A 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"? There are 2 correct answers to this question.
A) PM form start date <= Assignment end date Assignment start date <= PM form end date
B) PM form start date <= Assignment start date Assignment start date >= PM form end date
C) PM form Start date >= Assignment end date Assignment start date <= PM form start date
D) PM form start date <= Assignment start date PM form end date <= Assignment end date
5. Which fields are required in the Employee history data file? There are 3 correct answers to this question.
A) Salary
B) Basis
C) End Date
D) Bonus Target Percentage
E) Start Date
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A,B | Question # 5 Answer: B,C,E |
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