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1. In which customer scenarios are multiple bonus plans required in a single program? Note: There are 2 correct answers to this question.
A) The bonuses of different groups of employees are affected by different business goals.
B) In some countries, the bonus is multiplicative, while in others it is additive.
C) There is a single business goal applied to Manufacturing and Engineering, but HR is excluded from the bonus process.
D) There are only two business goals, but the weighting of the goals varies by employee grade.
2. How do you ensure that a planner enters an amount within a specific range?
A) Configure minimum/maximum guidelines in the plan setup.
B) Enter values in the minimum/maximum columns on the business goals file.
C) Set min-max to display as guideline pattern.
D) Create gates using performanceMin and performanceMax.
3. In which file do you specify the relationship between bonus plan and business goals?
A) Weights and mappings data file
B) Business goals data file
C) Bonus plan data file
D) Business goal template
4. Which of the following data files are linked by legacy eligibility rules? Note: There are 2 correct answers to this question.
A) Employee history data file
B) Business goals data file
C) User data file
D) Bonus plan data file
5. A public sector company would like to pay one business goal according to the following guidelines: If the company makes profits, employees get 100% of their target payout. If the company loses
$50,000, employees get 50% of their target payout. If the company loses $100,000 or more, nobody receives a payout. Finance provides administrators with the final amount on February 1 every year. How should your customer create this interpolated business goal?
A) Load metrics as: performanceMin= 0, performanceTarget= 50, performanceMax= 100
B) Use the Direct Payout function type and load 40,000 as achievement.
C) Load metrics as: performanceMin=-100,000, performanceTarget=-50,000, performanceMax=0
D) Use the Direct Payout function type and load 100,000 as achievement.
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A,D | Question # 5 Answer: A |
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