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NEW QUESTION 34
Where do you define the payout function type?
- A. Background Element
- B. Business Goals
- C. Bonus Plan
- D. Business Goal Weights
Answer: B
NEW QUESTION 35
How is goal payout determined when using the direct payout function type?
- A. The lower amount between the direct payout percentage and the performance minimum payout percentage will be used.
- B. The lower amount between the direct payout percentage and the estimated target payout calculation will be used.
- C. Direct payout percentage will override normal performance payout calculation.
- D. The higher amount between the direct payout percentage and the performance maximum payout percentage will be used.
Answer: C
NEW QUESTION 36
What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?
- A. Bonus assignment letter
- B. Variable Pay individual view
- C. Compensation profile
- D. Bonus forecast
Answer: A
NEW QUESTION 37
Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.
- A. Subtraction
- B. Addition
- C. Division
- D. Multiplication
Answer: B,D
NEW QUESTION 38
What is the effect of proration rounding?
- A. Rounds proration to a monthly value
- B. Changes start and/or end date used in BonusCalculation
- C. Allows for the use of “point in time” salary calculations
- D. Forces proration to have X decimal places, where X is configurable
Answer: A
NEW QUESTION 39
……
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