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QUESTION NO: 1
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 number format rules
C. Based on the employee's imported default locale
D. Based on the planner's imported default locale
Answer: B

QUESTION NO: 2
What does a point-in-time calculation mean? Please choose the correct answer
A. Target amount is based on a fixed date
B. Employee assignment will not be pro-rated
C. Target amount is based on effective date of each assignment
D. Goal payout will not be pro-rated
Answer: C

QUESTION NO: 3
Given the image below, Which employee gets all three bonus plans? Please choose the correct answer.
A. rmaxx1
B. smormony1
C. JLo1
D. mhoff1
Answer: A

QUESTION NO: 4
Which setting must remain consistent when configuring variable pay background elements?
There are 2 correct answers to this question.
A. Type ID must always be 24
B. The assignment dates and the program dates must be identical
C. Target bonus amount must always use "basis" as data field ID
D. Background element ID must always start with "varPayEmpHistData"
Answer: C,D

QUESTION NO: 5
Which variable pay feature ensures that the minimum level of funding is achieved before there is a final payout?
Please choose the correct answer.
A. Business goal gates
B. Individual guidelines
C. Team guidelines
D. Performance minimum
Answer: A

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Updated: May 28, 2022