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1. What must be considered for custom basis formulas?
There are 2 correct answers to this question.
Response:
A) The custom formula must use fields from the user data file
B) The custom formula must use fields from the employee history file
C) The basis field(Field type ffld1) must be used to define the custom formula.
D) Fields to be used in the custom formula must be defined as ffId or ifld fields
2. How are bonus plans assigned to employee assignments?
There are 2 correct answers to this question.
Response:
A) Creating rule in eligibility file that corresponds to each bonus plan
B) The bonus plan file includes start and end dates that correspond to each employee assignment dates
C) The bonus plan for each employee assignment is included in the employee history data file
D) Using the fields in employee history as look-up attributes in eligibility file
E) The eligibility file should contain the bonus plan name
3. Your customer wants to round to the nearest tenth for money fields. Which rounding rules can you use?
There are 2 correct answers to this question.
Response:
A) ###,###
B) ###,000
C) #,###,0
D) #,###,#
4. Given the image below, what hierarchy method is being used in the template?
Please choose the correct answer.
Response:
A) Compensation Manager Hierarchy
B) Standard suite hierarchy
C) Compensation Manager hierarchy with inactive users
D) Standard suite hierarchy with inactive users
5. Which options defines bonus caps?
There are 2 correct answers to this question.
Response:
A) By business goals
B) By Bonus plan
C) By planner
D) By employee
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,D | Question # 3 Answer: A,B | Question # 4 Answer: A | Question # 5 Answer: B,D |
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