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NEW QUESTION 37
Where do you define the payout function type?

  • A. Business Goals
  • B. Background Element
  • C. Business Goal Weights
  • D. Bonus Plan

Answer: A

 

NEW QUESTION 38
Which of the following can be achieved using variable pay gates? Notes: There are 2 correct answers to this question.

  • A. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The entire business goal section will pay out at 50% unless Customer Satisfaction is above target.
  • B. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The Individual section is capped to 100% unless the combined payout of the business goals exceeds 75%.
  • C. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal will payout at 0% unless the Individual performance rating is "Good" or better.
  • D. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal CANNOT pay more than 100% unless Revenue achieves above target.

Answer: A,C

 

NEW QUESTION 39
What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?

  • A. Bonus forecast
  • B. Compensation profile
  • C. Variable Pay individual view
  • D. Bonus assignment letter

Answer: D

 

NEW QUESTION 40
A client has the following requirements: Executives have 3 business goals and NO individual performance metrics. Divisional VPs have 6 business goals and NO individual performance metrics.
Directors have 6 business goals and individual performance weighted at 40%. Managers have 3 business goals and an individual performance multiplier. What is the minimum number of templates that can be configured to satisfy these requirements without the use of custom columns?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: C

 

NEW QUESTION 41
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