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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Variable Pay Program Settings | 11% - 20% | - Program configuration
|
| Topic 2: Permissions and Security | < 10% | - Access management
|
| Topic 3: Employee History Data | 11% - 20% | - Employee data management
|
| Topic 4: Variable Pay Form Administration | 11% - 20% | - Form management
|
| Topic 5: Bonus Calculation and Payout | 21% - 30% | - Compensation calculations
|
| Topic 6: Integration and Reporting | < 10% | - System integration
|
| Topic 7: Business Goals and Goal Weights | 11% - 20% | - Goal management
|
Question 1
Your customer launched the worksheets and found some employees are NOT appearing. Which reports would you run to troubleshoot the issue? Note: There are 3 correct answers to this question.
A. Employee History report
B. Variable Pay Audit report
C. Aggregate report
D. Export Users Without Managers
E. Export Ineligible Users
Question 2
Which of the following are payout function types supported in Business Goals? Note: There are 3 correct answers to this question.
A. Additive
B. Multiplicative
C. Step scale
D. Interpolation
E. Direct payout
Question 3
You are implementing an Employee Central-integrated Variable Pay template. The employee has 3 assignment records pulled from Employee Central, each with start and end dates within the bonus period, resulting in NO gaps or overlaps. What is the impact of the 3 assignment records on the payout?
A. The first record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.
B. Each record is considered when the employee's bonus payout is calculated and the bonus is increased by
3X the target.
C. Each record is considered when the employee's bonus payout is calculated and the bonus is prorated based on the dates of each record.
D. The last record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.
Question 4
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. Compensation profile
C. Bonus forecast
D. Bonus assignment letter
Question 5
How can you create worksheets where employees have planners outside their line manager hierarchy?
A. Use the custom manager option for assigning employees in the user data file and in the route map.
B. Create a Second Manager hierarchy and set the template to use this hierarchy instead of the Standard hierarchy.
C. Assign the employees to matrix managers and use matrix managers in the route map.
D. Create the worksheets the same as in compensation planning and move employees to other managers through Employee Membership.
Solutions:
| Question 1 Answer: A,B,D | Question 2 Answer: B,D,E | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: B |
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