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NEW QUESTION 33
Your customer wants to ensure that no employee’s bonus exceeds 200% of their bonus target. How can this be achieved?

  • A. Use gates on business goals.
  • B. Use bonus plan caps.
  • C. Use guidelines where the maximum is set to 200%.
  • D. Use a bonus plan multiplier of 200%.

Answer: B

 

NEW QUESTION 34
Your client has a performance process where employees can enter goals. The individual part of the employee’s bonus is based on the performance against these goals – but not all of them. When going through the goal setting process, the employee and their manager will discuss whether or not a goal is “bonus relevant” – that is, the employee’s attainment against that goal affects their bonus at the end of the year. What is the best way to set this up without administrative intervention?

  • A. Goals that are relevant to the employee’s bonus need to be exported from Goal Management and imported into Business Goals.
  • B. Goals that are relevant to the employee’s bonus need to be in a separate section in the performance form.
  • C. Goals that are relevant to the employee’s bonus need to have a different type, set when creating the goal.
  • D. Relevant goal performance is imported into each employee’s Assignment History.

Answer: C

 

NEW QUESTION 35
What attribute must you change when creating a new Business Goal XML template to ensure that the correct business goals are referenced?

  • A. Plan ID
  • B. Plan name
  • C. Plan type
  • D. Plan number format

Answer: A,B,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
What is the difference between additive and multiplicative formulas for bonus calculation with respect to the impact of section weight, payout percent, and payout amount?

  • A. Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.
  • B. Additive formulas use payout percent, whereas multiplicative formulas use section weights.
  • C. Additive formulas use section weights, whereas multiplicative formulas use payout percent.

Answer: A

 

NEW QUESTION 38
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