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1. Which budget types can you set up in variable pay?
There are 3 correct answers to this question.
Response:
A) Forecast Budget
B) Target budget
C) Modelling budget
D) Allocated budget
E) Results budget
2. What is the first step to activate the auditing of variable pay data?4
Please choose the correct answer.
Response:
A) Enable the Audit setting in provisioning
B) Select the fields in the variable pay plan activity audit
C) Schedule the quartz job called Comp Entry Audit Process
D) Submit a CO ticket to Customer Success
3. 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 restriction is not supported
C) Field grouping
D) Field-Based permission
4. Which of the following statements provide a description of Guidelines?
There are 2 correct answers to this question.
Response:
A) Guidelines can use multiple criteria
B) Hard Limit set in guidelines can be overridden
C) Guidelines are used only for Individual and Team components of bonus calculation
D) Guidelines can be configured to be based on five custom fields
5. Which file do you use to derive the bonus target amount for bonus calculation?
Please choose the correct answer.
Response:
A) Bonus Plans Import file
B) Business goals import file
C) User Data file
D) Employee History Data file
Solutions:
| Question # 1 Answer: A,C,E | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A,C | Question # 5 Answer: B |
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