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| Section | Objectives |
|---|---|
| Topic 1: Execution and Reporting | - Worksheet and Payout Management
|
| Topic 2: Configuration and Administration | - Program Setup
|
| Topic 3: Variable Pay Fundamentals | - Overview and Concepts
|
1. Given the image below, Which employee gets all three bonus plans? Please choose the correct answer.
A) rmaxx1
B) mhoff1
C) smormony1
D) JLo1
2. 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 art 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.
A) $1,120
B) $1,000
C) $960
D) $1,160
3. This compensation hierarchy designates all managers to be compensation planners.
Please choose the correct answer
A) Rollup Hierarchy
B) Standard Suite Hierarchy
C) Second Manager Hierarchy
4. Besides "Choose Bonus Plan", what are the other options for calculating the bonus payout? There are 2 correct answers to this question.
A) By employee
B) By PM form type
C) By manager
D) By department
5. Which of the following Variable Pay scenarios can you use in feature allows you to configure more than 5 predetermined points of min, I for?
There are 2 correct answers to this question.
A) Check employees assignment gap
B) Check for inactive planners
C) Check to see if employees are assigned to correct bonus plans
D) Check for formula configuration
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A,C | Question # 5 Answer: B,D |
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