What does a point-in-time calculation mean? Please choose the correct answer
A. Target amount is based on a fixed date
B. Goal payout will not be pro-rated
C. Employee assignment will not be pro-rated
D. Target amount is based on effective date of each assignment
The client has 3 business 3 business goals for their variable pay program: PROFIT. EBITA and NETSALES. However, If their net sales is less than the payment regardless of performance) and payout will be zero. How can one goal's performance affect the payout of another goal? There are 2 correct answers to this question.
A. Using the performance minimum in business goals
B. Use IF/THEN logic to modify the payout amount at the assignment level
C. Using the gates option for business goals
D. Configuring an eligibility rule
What is the Difference between additive and multiplicative formulas for bonus calculation? Please choose the correct answer.
A. Additive formulas use section weights whereas multiplicative formulas use payout percent
B. Additive formulas use payout percent whereas multiplicative formulas use payout amount multiplied by section weights.
C. Additive formulas use payout percent whereas multiplicative formulas use section weights.
D. Additive formulas use payout amount whereas multiplicative formulas use payout percent
Basis is referred to as
Please choose the correct answer.
A. Final bonus payout
B. Bonus target opportunity
C. Section payout amount
D. Calculated Individual payout
When forecasting individual goals, which of the following settings are available? Please choose the correct answer.
A. Custom calculation for bonus forecasting.
B. Previous year's guidelines
C. Current year target amount
D. Current guidelines
How does the variable pay form determine the default compensation number format? Please choose the correct answer
A. Based on the format assigned to the field
B. Based on the planner's imported default locale
C. Based on the number format rules
D. Based on the employee's importeddefault locale
Which fields are required in the Employee history data file? There are 3 correct answers to this question.
A. End Date
B. Bonus Target Percentage
C. Start Date
D. Salary
E. Basis
Besides "Choose Bonus Plan", what are the other options for calculating the bonus payout? There are 2 correct answers to this question.
A. By manager
B. By employee
C. By department
D. By PM form type
In order to assign employees to a bonus plan, what relationships must be maintained?
A. Assign the eligibility rule to a look up field in bonus plan data file
B. Assign the eligibility rule to a look up field in Eligibility data file
C. Use a lookup field in the employee history data file
D. Use a lookup field in the user data file
This feature allows administrator to restrict field visibility to certain roles. Please choose the correct answer.
A. Field grouping
B. Field-Based permission
C. Field restriction is not supported
D. Read only function in Column Designer
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