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1. The custom formula is tgtPct*salary. Looking at the background element, what adjustment must be made?
Please choose the correct answer.
Response:
A) The basis field must be deleted from background element
B) The tgtPct and salary fields must both be float fields
C) The basis field must be hidden in the background element
D) The tgtPct and salary fields must both be numeric fields
2. What does a point-in-time calculation mean?
Please choose the correct answer.
Response:
A) Target amount is based on effective date of each assignment
B) Employee assignment will not be pro-rated
C) Goal payout will not be pro-rated
D) Target amount is based on a fixed date
3. Which scenario requires weights and mappings data file to be imported?
There are 3 correct answers to this question.
Response:
A) Change in goal display order
B) Change in bonus plan
C) Change in eligibility rule
D) Change in look up field
E) Change in business goal
4. Based on the Eligibility rule in the following screenshot, which employees are eligible for bonus plan B1?
Please choose the correct answer.
Response:
A) All employees from division D1 OR D2 with department T1 AND job role J1.
B) All employees from division D1 AND D2 with department T1 OR job role J1
C) All employees from division D1 OR D2 OR department T1 OR with job role J1
D) All employees from division D1 with department T1 AND all employees from division D2 with job role J1.
5. In which file do you specify the relationship between bonus plan and business goals?
Please choose the correct answer.
Response:
A) Business goal template
B) Business goal weights file
C) Bonus Plan data file
D) Business goals data file
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C,D,E | Question # 4 Answer: C | Question # 5 Answer: B |
1. The custom formula is tgtPct*salary. Looking at the background element, what adjustment must be made?
Please choose the correct answer.
Response:
A) The basis field must be deleted from background element
B) The tgtPct and salary fields must both be float fields
C) The basis field must be hidden in the background element
D) The tgtPct and salary fields must both be numeric fields
2. What does a point-in-time calculation mean?
Please choose the correct answer.
Response:
A) Target amount is based on effective date of each assignment
B) Employee assignment will not be pro-rated
C) Goal payout will not be pro-rated
D) Target amount is based on a fixed date
3. Which scenario requires weights and mappings data file to be imported?
There are 3 correct answers to this question.
Response:
A) Change in goal display order
B) Change in bonus plan
C) Change in eligibility rule
D) Change in look up field
E) Change in business goal
4. Based on the Eligibility rule in the following screenshot, which employees are eligible for bonus plan B1?
Please choose the correct answer.
Response:
A) All employees from division D1 OR D2 with department T1 AND job role J1.
B) All employees from division D1 AND D2 with department T1 OR job role J1
C) All employees from division D1 OR D2 OR department T1 OR with job role J1
D) All employees from division D1 with department T1 AND all employees from division D2 with job role J1.
5. In which file do you specify the relationship between bonus plan and business goals?
Please choose the correct answer.
Response:
A) Business goal template
B) Business goal weights file
C) Bonus Plan data file
D) Business goals data file
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C,D,E | Question # 4 Answer: C | Question # 5 Answer: B |
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