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1. Refer to the screenshot below. When implementing an Employee Central-integrated Variable Pay template, to which of the following does the highlighted Effective Date refer?
A) The date the system uses to pull data from Employee Central
B) The date the program begins
C) The date the program ends
D) The date published transactions are effective in Employee Central
2. Company ABC rewards its employees using an additive plan based on company (50% weight) and individual (50% weight) performance. An employee's target bonus is 4,000 (100% payout). The company performance is based on two objectives, each weighted at 50% - revenue and operating Income. The revenue objective achievement is 80% and the operating income objective achievement is 90%. If the Individual achievement is
150%, which expression best represents how the bonus is calculated?
A) 4000 x 150% + 4000 x (80% x 50% + 90% x 50%)
B) 150% x (4000 x 50% x (80% + 4000 x 50% x 90%
C) 4000 x 50% x (80% x 50% + 90% x 50%) + 4000 x 50% x 150%
D) 4000 x 150% x (80% x 50% + 90% x 50%)
3. The screenshot below is the entire currency conversion table. The functional currency of this customer is USD.
Which currency view modes can be used with this table?
A) Functional, User, Planner, and Any Currency
B) Functional only
C) Functional, User, and Planner
D) Functional and User
4. A public sector company would like to pay one business goal according to the following guidelines: If the company makes profits, employees get 100% of their target payout. If the company loses
$50,000, employees get 50% of their target payout. If the company loses $100,000 or more, nobody receives a payout. Finance provides administrators with the final amount on February 1 every year. How should your customer create this interpolated business goal?
A) Use the Direct Payout function type and load 100,000 as achievement.
B) Load metrics as: performanceMin= 0, performanceTarget= 50, performanceMax= 100
C) Load metrics as: performanceMin=-100,000, performanceTarget=-50,000, performanceMax=0
D) Use the Direct Payout function type and load 40,000 as achievement.
5. A performance management (PM) form will be considered a match to an assignment when its period overlaps with the period of the assignment. Which combination of conditions qualifies as "overlap"?
A) PM form start date <= Assignment start date. PM form end date <= Assignment end date
B) PM form start date <= Assignment start date. Assignment start date >= PM form end date
C) PM form start date <= Assignment end date. Assignment start date <= PM form end date
D) PM form start date >= Assignment end date. Assignment start date <= PM form start date
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C |
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