Question 1

Your customer wants to use business goals in a Variable Pay program. Which actions are needed? Note: There are 3 correct answers to this question.

AReference the Plan ID in the business goal data file.

BReference the Plan ID in the Bonus Plan file.

CUpload the Business Goal XML template in Provisioning.

DAssign the Business Goal template to the Variable Pay program.

EUpdate eligibility rules to include a bonus plan.

Answer : A, B, E

Question 2

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?

Abase x business performance x individual performance

Bbase + (business performance + individual performance)

Cbase x (business performance x individual performance)

Dbase x (business performance + individual performance)

Answer : D

Question 3

Manager form eligibility rules are written to exclude employees in specific business units. Based on this information, which setting must be enabled for the plan to include the correct employees?

AEnable Guideline Optimization

BEnable Suppress Statement

CAll employees are eligible

DNo employees are eligible

Answer : C

Question 4

When employee profile is selected as the rating source for the Variable Pay program, which information is required for the bonus calculation? Note: There are 2 correct answers to this question.

APerformance management template name

BEC field mapping

CEffective date

DRating type

Answer : C, D

Question 5

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

AThe customer is using a different bonus calculation formula.

BThe customer is using a different plan period date range.

CThe customer is using different eligibility rules.

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

EThe customer is using a different route map.