[May 16, 2022] C-THR87-2105 PDF Questions and Testing Engine With 115 Questions [Q29-Q49]

Topic	Details
Topic 1	Configure Variable Pay background element and Employee History data file Enable compensation eligibility for variable pay program
Topic 2	Describe how variable pay assigns bonus plans to eligible employees Create guidelines and budget; enumerate reasons for multiple variable pay programs and for multiple bonus plans
Topic 3	Define scope and different integration projects involving Employee Central Employee History Data and Background Element
Topic 4	Define the different bonus calculation methods and Assignment-based rating configure column designer and define assignment level custom fields
Topic 5	Describe the supported hierarchy methods, goal gates and accelerators Define Bonus payout report, details report, the different validation reports
Topic 6	configure varpay goal plan template, and create the business goals and weights files Define the relationship between the background element and employee history data file

NEW QUESTION 29
What are therequired fields in the eligibility data file? There are 2 correct answers to this question.

Value

Plan ID

Eligibility Rule

Rule ID

NEW QUESTION 30
In which file do you include forecasted data for what-if scenarios? Please choose the correct answer.

Bonus plans

Weights and mappings

Business goals

Employee history

NEW QUESTION 31
Which parameters can you use in the “Based On Budget Calculation” section for Variable Pay Program? There are 3 correct answers to this question.

Results

Group

Template

Forecast

User

NEW QUESTION 32
Which use cases require multiplicative formulas? There are 2 correct answers to this question.

A customer would like the bonus payout to beweighted 50:50 between the personal and business performance.

A customer would like to calculate the individual and team sections as an amount.

A customer would only pay the target amount if an employee completed above 70% of his individual goals.

A customer would like to determine the individual and team sections as a percent.

NEW QUESTION 33
Which feature allows you to configure more than 5 predetermined points of min, low target, high, max for goal performance? There are 2 correct answers to this question

Goal accelerators

Flexible payout curves

Goal Gates

Multiple Business goal sections

NEW QUESTION 34
A company is using multiple business goal section. Which formulas can be used to calculate bonus payout?
There are 2 correct answers to this question.

Base X (Business 1 + Business 2) X Individual

Base X Business 1 X Business 2 X Individual

Base X Business 1 X Business 2

Base X (Business 1 + Business 2 + individual)

NEW QUESTION 35
What is the first stepto activate the auditing of variable pay data?4 Please choose the correct answer.

Select the fields in the variable pay plan activity audit

Schedule the quartz job called Comp Entry Audit Process

Enable the Audit setting in provisioning

Submita CO ticket to Customer Success

NEW QUESTION 36
This file contains the achievement forecasts and results. Please choose the correct answer.

Employee History

Goal weights

Business Goals

Bonus Plan

NEW QUESTION 37
Which variable pay feature ensures that the minimum level of funding is achieved before there is a final payout?
Please choose the correct answer.

Performance minimum

Team guidelines

Individual guidelines

Business goal gates

NEW QUESTION 38
The client has 3 business 3 business goals for their variable pay program: PROFIT. EBITA and NETSALES.
However, If their net sales is less than the payment regardless of performance) and payout will be zero. How can one goal’s performance affect the payout of another goal? There are 2 correct answers to this question.

Using the performance minimum in business goals

Use IF/THEN logic to modify the payout amount at the assignment level

Using the gates option for business goals

Configuring an eligibility rule

NEW QUESTION 39
A customer Updated an employee’s assignment date using the employee history editor, but the proration amount remained the same in the worksheet. How can you correct this? Please choose the correct answer.

Use “Update a Specific Worksheet”

Use “Update allworksheets”

Use Calculate bonus payout”

Delete the existing worksheet and then launch a new set.

NEW QUESTION 40
An employee appears on a variable pay form with greyed out data. Why does this occur? There are 2 correct answers to this question.

PM forms for the employee are missing.

The status of the employee is “inactive”.

The employee was excluded, according to the Manage Form eligibility rule.

The employee is missing in the Employee History data file.

NEW QUESTION 41
This permissionallows users access to a Variable Pay form, even if they are not part of the routemap. Please choose the correct answer.

Compensation Management Permission

Manage Compensation Plan Template

Configure Program permission

Executive Review Permission

NEW QUESTION 42
Why would you need to use multiple bonus plans? There are 3 correct answers to this question.

Different Bonus Achievement calculations

Different Bonus plan caps

Different Business Goals weights

Different set of business goals

Different Bonus eligibility rules

NEW QUESTION 43
How can an employee’s target bonus value get prorated based on the employee’s hire date? Please choose the correct answer.

Make sure the SALARY_PRORATING_START_DATE in the user data file(UDF) is the employee’s hire date

Calculate the percent of proration and put that percentage in the SALARY_PRORATING column on the user data file(UDF)

Put the employee’s hire date in the startDate forthe assignment in the employee history file

Set the includeSalaryProrating option to ‘true’ in the template XML and use date-based proration

NEW QUESTION 44
Whichreport definition types are available for variable pay when creating ad hoc reports? There are 2 correct answers to this question.

Aggregate export

Business goal details

Individual goals

Bonus detail

NEW QUESTION 45
A PM form will be considered a match to an assignmentwhen its period overlaps with the period of the assignment. Which combination of conditions qualifies as “overlap”? There are 2 correct answers to this question.

PM form start date <= Assignment start date Assignment start date >= PM form end date

PMform start date <= Assignment start date PM form end date <= Assignment end date

PM form Start date >= Assignment end date Assignment start date <= PM form start date

PM form start date <= Assignment end date Assignment start date <= PM form end date

NEW QUESTION 46
Enable Guideline optimization setting will Please choose the correct answer.

Delete forms and create new worksheets with new guidelines

Create new forms with new guidelines

Allow changes on guidelines to reflect automatically on forms without creating new worksheets

Not impact any in progress forms

NEW QUESTION 47
In which situation does an employee need to be moved between worksheets? Please choose the correct answer.

Change of HR manager

Change of bonus plan assignment

Change of performance period

Change ofreporting manager

NEW QUESTION 48
Company ABC rewards its sales employees based on company and individual performance.An employee’s individual performance is worth 80% of the total payout and business goals are worth 20% of the total payout. The business goals art corporate revenue, weighted 40% and corporate operating income amount, weighted 60%. The employee target bonus is
$1,000.
Corporate revenue amount 50%
Corporate operating income amount 100%
Target Individual Amount 120%
What is the final bonus payout amount?
Please choose the correct answer.

$960

$1,120

$1,000

$1,160

NEW QUESTION 49
When forecastingindividual goals, which of the following settings are available? Please choose the correct answer.

Custom calculation for bonus forecasting.

Previous year’s guidelines

Current year target amount

Current guidelines