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Which of the following can be achieved using variable pay gates? Notes: There are 2 correct answers to this question.

A.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The Individual section is capped to 100% unless the combined payout of the business goals exceeds 75%.

B.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The entire business goal section will pay out at 50% unless Customer Satisfaction is above target.

C.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal CANNOT pay more than 100% unless Revenue achieves above target.

D.

There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal will payout at 0% unless the Individual performance rating is "Good" or better.

When employee profile is selected as the rating source for the Variable Pay program, which information is required for the bonus calculation? Note: There are 2 correct answers to this question.

A.

Performance management template name

B.

EC field mapping

C.

Effective date

D.

Rating type

Your client wants to change the label on a field in the Assignment Details level of their worksheet. Where could you make the change? Note: There are 2 correct answers to this question.

A.

Column Designer, Entry Level fields

B.

Column Designer, Assignment Level fields

C.

Custom Views

D.

Employee History background element

What report requires that worksheets have been launched before it will show results?

A.

Business goal performance

B.

Bonus payout

C.

Employee history gaps

D.

Employee history overlaps

What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?

A.

Bonus forecast

B.

Compensation profile

C.

Bonus assignment letter

D.

Variable Pay individual view

Your customer wants to use its business units to assign goal achievements. What are the first steps to set up this requirement? Note: There are 2 correct answers to this question.

A.

Define the Business Unit field in the Variable Pay Background Element XML.

B.

Import business unit data via the user data file.

C.

Import business unit data via the employee history data file.

D.

Define the Business Unit field as a department in the Succession Data Model XML.

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 last 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 prorated based on the dates of each record.

C.

The first record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.

D.

Each record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.

Where do you define the payout function type?

A.

Business Goal Weights

B.

Business Goals

C.

Bonus Plan

D.

Background Element

How would you assign the same business goal to all employees in a non-EC integrated plan?

A.

Use the correct performance management form template.

B.

Use the user ID of each employee in the business goals file.

C.

Use the Manage Employee grouping.

D.

Use a common field value for all employees in the employee history file.

Your client wants to award quarterly bonuses, where the quarters are aligned as follows: Q1: November 1–January 31. Q2: February 1–April 30. Q3: May 1–July 31. Q4: August 1–October 31. Bonuses are paid at the end of each quarter. Which of the following combinations of configuration options would work for this scenario?

A.

One variable pay template with the bonus start date November 1 and end date October 31, and the bonus plan multiplier set to 25%

B.

One variable pay template with the bonus start date November 1 and end date October 31; employee history is loaded with four records per employee (one per quarter) and bonus paid in full on October 31

C.

Four variable pay templates, with the bonus start and end dates aligned with the customer's dates and employee history to match

D.

Four variable pay templates, with the bonus start and end dates aligned with "traditional" quarter dates and custom columns in the employee history to display the customer's dates