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1. In which file do you specify the relationship between bonus plan and business goals?
Please choose the correct answer.
Response:
A) Business goals data file
B) Bonus Plan data file
C) Business goal weights file
D) Business goal template
2. What information is entered in the varPayProgramName column of the employee history data file?
Please choose the correct answer.
Response:
A) The background type ID
B) The variable pay objective plan id
C) The plan template name
D) The background element name
3. Company ABC rewards its sales employees based on company and individual performance. An employee's individual performance is worth 80% of the total payout and business goals are worth 20% of the total payout. The business goals are corporate revenue, weighted 40% and corporate operating income amount, weighted 60%. The employee target bonus is $1,000.
Corporate revenue amount 50%
Corporate operating income amount 100%
Target Individual Amount 120%
What is the final bonus payout amount?
Please choose the correct answer.
Response:
A) $1,120
B) $960
C) $1,000
D) $1,160
4. Which report definition types are available for variable pay when creating ad hoc reports?
There are 2 correct answers to this question.
Response:
A) Bonus detail
B) Aggregate export
C) Individual goals
D) Business goal details
5. This file defines the section weight used for calculating incentive payments.
Please choose the correct answer.
Response:
A) Bonus Plan
B) Business Goal weights
C) Business Goals
D) Employee History Data File
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A,C | Question # 5 Answer: A |
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