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QUESTION NO: 1
Which of the following Variable Pay scenarios can you use in feature allows you to configure more than 5 predetermined points of min, I for?
There are 2 correct answers to this question.
A. Check for inactive planners
B. Check for formula configuration
C. Check to see if employees are assigned to correct bonus plans
D. Check employees assignment gap
Answer: A,B

QUESTION NO: 2
When configuring goal gates, which options are valid to be used as GATEJ.EVEL? There are 3 correct answers to this question.
A. Individual Section
B. Team Section
C. Individual Goals
D. Business Goals
E. Team Goals
Answer: C,D,E

QUESTION NO: 3
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: 4
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: 5
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

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Updated: May 28, 2022