NO.22 Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.

NO.23 Which of the following fields are connected to reserved fields in the Variable Pay Background Element? Note: There are 3 correct answers to this question.

NO.24 A performance management (PM) form will be considered a match to an assignment when its period overlaps with the period of the assignment. Which combination of conditions qualifies as “overlap”?

NO.25 Company XYZ rewards its sales employees based on company and individual performance. Each employee’s target bonus is a percentage of their salary. Both company and individual performance are combined, then multiplied by the basis. Employees are assigned weighted goals under company performance (revenue, profit, etc.). Which of the following bonus calculation equations is best to use for this organization?

NO.26 The bonuses of all employees at your client are determined by the following results: 30% Corporate Performance. 30% Country Performance. 40% Individual Achievement. All employees have the same result for Corporate Performance, but the result for Country Performance varies based on the employee’s country. The Individual Achievement comes from a linked performance form’s overall result. How would this be configured? Note: There are 2 correct answers to this question.

NO.27 What is included in the Bonus Payout Details report? Note: There are 3 correct answers to this question.

NO.28 What report requires that worksheets have been launched before it will show results?

NO.29 Which customer scenarios require the use of multiple variable pay programs? Note: There are 3 correct answers to this question.

NO.30 Your client has a performance process where employees can enter goals. The individual part of the employee’s bonus is based on the performance against these goals – but not all of them. When going through the goal setting process, the employee and their manager will discuss whether or not a goal is “bonus relevant” – that is, the employee’s attainment against that goal affects their bonus at the end of the year. What is the best way to set this up without administrative intervention?

NO.31 A public sector company would like to pay one business goal according to the following guidelines: If the company makes profits, employees get 100% of their target payout. If the company loses
$50,000, employees get 50% of their target payout. If the company loses $100,000 or more, nobody receives a payout. Finance provides administrators with the final amount on February 1 every year. How should your customer create this interpolated business goal?

NO.32 You want to see historical payouts initiated through manager self-service from the Variable Pay form. What do you use?

NO.33 Which of the following areas are impacted when a customer uses flexible payout curves in their Variable Pay plan? Note: There are 2 correct answers to this question.

NO.34 Your customer wants to ensure that no employee’s bonus exceeds 200% of their bonus target. How can this be achieved?

NO.35 You have an Employee Central client who wants to calculate the basis, based on employee-specific dat a. From which of the following areas can you get this data? Note: There are 2 correct answers to this question.

NO.36 What is the difference between additive and multiplicative formulas for bonus calculation with respect to the impact of section weight, payout percent, and payout amount?

NO.37 Which of the following scenarios are good uses of a global eligibility rule in an Employee Central integrated template? Note: There are 2 correct answers to this question.

NO.38 The screenshot below is the entire currency conversion table. The functional currency of this customer is USD. Which currency view modes can be used with this table?

NO.39 Bonuses for all engineers at your client are calculated as follows: Basis (prorated salary * bonus target) * company achievement. Bonuses for all marketing staff at your client are calculated as follows: Basis * 50% individual achievement + 50% company achievement. How can this be implemented? Note: There are 2 correct answers to this question.

NO.40 Which of the following data files are linked by legacy eligibility rules? Note: There are 2 correct answers to this question.

NO.41 A client has the following requirements: Executives have 3 business goals and NO individual performance metrics. Divisional VPs have 6 business goals and NO individual performance metrics. Directors have 6 business goals and individual performance weighted at 40%. Managers have 3 business goals and an individual performance multiplier. What is the minimum number of templates that can be configured to satisfy these requirements without the use of custom columns?