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| Section | Weight | Objectives |
|---|---|---|
| Business Goals and Calculation | 25% | - Goal gates and cascading - Proration and custom formulas - Business goal setup and weighting - Bonus calculation methods |
| Reporting, Statements and Integration | 20% | - Standard and custom reports - Integration with Employee Central and Performance Management - Reward statement generation |
| Variable Pay Form and Workflow | 20% | - Rating integration and calibration - Form template configuration - Approval workflow setup |
| Variable Pay Program Foundation | 15% | - Variable Pay overview and concepts - Program settings and configuration - Bonus plan structure and components |
| Eligibility and Employee Data | 20% | - Eligibility rules and criteria - Employee history data import - Background elements configuration |
1. This feature allows administrator to restrict field visibility to certain roles.
Please choose the correct answer.
Response:
A) Read only function in Column Designer
B) Field-Based permission
C) Field grouping
D) Field restriction is not supported
2. Which configuration options are offered by the column designer?
There are 2 correct answers to this question.
Response:
A) Create number format rules
B) Hide sections
C) Create custom fields
D) Specify columns and column order
3. What are the required fields in the eligibility data file?
There are 2 correct answers to this question.
Response:
A) Rule ID
B) Plan ID
C) Value
D) Eligibility Rule
4. Which steps are necessary to activate the variable pay individual view?
There are 3 correct answers to this question.
Response:
A) Complete variable pay forms
B) Add variable pay individual view to variable plan template
C) Select display live profile view after form creation
D) Add variable pay individual view to succession data model
E) Configure employee files
5. Which budget types can you set up in variable pay?
There are 3 correct answers to this question.
Response:
A) Forecast Budget
B) Allocated budget
C) Results budget
D) Target budget
E) Modelling budget
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C,D | Question # 3 Answer: A,C | Question # 4 Answer: C,D,E | Question # 5 Answer: A,C,E |
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