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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Variable Pay Form Administration | 11% - 20% | - Form management
|
| Topic 2: Bonus Calculation and Payout | 21% - 30% | - Compensation calculations
|
| Topic 3: Variable Pay Program Settings | 11% - 20% | - Program configuration
|
| Topic 4: Employee History Data | 11% - 20% | - Employee data management
|
| Topic 5: Integration and Reporting | < 10% | - System integration
|
| Topic 6: Business Goals and Goal Weights | 11% - 20% | - Goal management
|
| Topic 7: Permissions and Security | < 10% | - Access management
|
1. What is the relationship between goal weights and bonus plans?
A) Goal weights are required to equal 100% for each bonus plan.
B) Goals are uniquely weighted based on the bonus plan they are assigned to.
C) All bonus plans must have equally weighted business goals.
D) Business goal weights must be created first, before bonus plans are created.
2. You have an Employee Central client who wants to calculate the basis, based on employee-specific data. From which of the following areas can you get this data? Note: There are 2 correct answers to this question.
A) Job relationships
B) Pay Component non-recurring
C) Job information
D) Compensation information
3. A customer has implemented Employee Central for most of their employees, but some employees remain on SAP ERP. What plan setting allows for the use of a single template for all employees?
A) Enable Guideline Optimization
B) Hybrid template
C) Enable Suppress Statement
D) Use MDF rule instead of imported eligibility rule
4. 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?
A) Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.
B) Additive formulas use section weights, whereas multiplicative formulas use payout percent.
C) Additive formulas use payout percent, whereas multiplicative formulas use section weights.
5. Your customer has added a new employee to their Employee History. Based on the employee's data, they are eligible for the bonus plan, but when the customer tries to manually add them to a worksheet, they receive an error that the employee is unable to be added because they are ineligible. What might have been missed?
A) Updating business goals
B) Recalculating bonus data
C) Reloading the goal weights file
D) Updating worksheets
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: C,D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |
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