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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Bonus Plans | 11-20% | - Proration and rounding rules - Plan assignment logic - Plan creation and attributes |
| Topic 2: Variable Pay Program Settings | 11-20% | - Role-based permissions - Template and XML configuration - Program configuration and setup |
| Topic 3: Eligibility | 10% | - Eligibility rule definition - Eligibility file configuration - Rule validation and troubleshooting |
| Topic 4: Business Goals and Goal Weights | 11-20% | - Goal calculation logic - Goal file setup and import - Weighting and performance scale configuration |
| Topic 5: Bonus Calculation Methods | 10% | - Formula configuration - Payout calculation scenarios - Custom basis configuration |
| Topic 6: Reports and Reward Statements | <=10% | - Export and distribution - Standard reports - Statement generation and customization |
| Topic 7: Integration Scenarios | <=10% | - Integration with Employee Central - Integration with Compensation - Data flow and synchronization |
| Topic 8: Employee History Data & Background Elements | 11-20% | - Data file structure and import - Assignment history handling - Background element configuration |
1. What are the different payout function types? There are 3 correct answers to this question.
A) Interpolation
B) Direct
C) Indirect
D) Proration
E) nstep
2. In which situation does an employee need to be moved between worksheets? Please choose the correct answer.
A) Change of bonus plan assignment
B) Change of HR manager
C) Change of reporting manager
D) Change of performance period
3. Customer variable pay program dates are January 1 to December 31, 2014. Given the screenshot below, what are proration and prorated target amount? Please choose the correct answer.
A) 75% and 6000 respectively
B) 75% and 2000 respectively
C) 25% and 2000 respectively
D) 25% and 6000 respectively
4. Given the image below , Which employee get all three bonus plans?
A) smormony
B) mhofff
C) rmaxxl
D) JLo1
5. Which scenario requires weights and mappings data file to be imported? There are 3 correct answers to this question.
A) Change in goal display order
B) Change in bonus plan
C) Change in business goal
D) Change in look up field
E) Change in eligibility rule
Solutions:
| Question # 1 Answer: A,B,E | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C,D,E |
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