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C_THR87_2505 Questions and Answers

Question # 6

Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.

A.

Personal Compensation Statement Notification

B.

Bonus Assignment Statement

C.

Combined Rewards Statement

D.

Variable Pay Rewards Statement

E.

Variable Pay Individual View

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Question # 7

Where do you define the payout function type?

A.

Business Goal Weights

B.

Business Goals

C.

Bonus Plan

D.

Background Element

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Question # 8

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 end date. Assignment start date <= PM form start 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 start date. PM form end date <= Assignment end date

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Question # 9

What is the relationship between goal weights and bonus plans?

A.

All bonus plans must have equally weighted business goals.

B.

Business goal weights must be created first, before bonus plans are created.

C.

Goals are uniquely weighted based on the bonus plan they are assigned to.

D.

Goal weights are required to equal 100% for each bonus plan.

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Question # 10

Which of the following data files are linked by legacy eligibility rules? Note: There are 2 correct answers to this question.

A.

Business goals data file

B.

Bonus plan data file

C.

User data file

D.

Employee history data file

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Question # 11

Your customer, who has offices in the US and Germany, has the following two bonus schemes: Revenue Enabling Bonus. Revenue Generating Bonus. US employees in the Revenue Enabling Bonus scheme are weighted 40% Business Achievement and 60% Personal Achievement, while in Germany, it is 50% for each. They all have the same business goal: "Corporate Results". US employees in the Revenue Generating Bonus scheme are weighted 35% Business Achievement and 65% Personal Achievement. The only business goal is "Country Results", where the goal achievement differs between the US and Germany. What is the minimum number of bonus plans required to meet this requirement?

A.

1

B.

3

C.

4

D.

2

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Question # 12

What information should be entered into the varPayProgramName column of the employee history data file?

A.

The plan template name

B.

The background element name

C.

The variable pay objective plan ID

D.

The background type ID

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Question # 13

Your client wants to change the label on a field in the Assignment Details level of their worksheet. Where could you make the change? Note: There are 2 correct answers to this question.

A.

Column Designer, Entry Level fields

B.

Column Designer, Assignment Level fields

C.

Custom Views

D.

Employee History background element

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Question # 14

Why might you use the check tool? Note: There are 2 correct answers to this question.

A.

To determine if goal weights are equal to 100%

B.

To determine if employees are assigned to an appropriate bonus plan

C.

To determine if custom fields are reloadable

D.

To determine inactive planners in the hierarchy

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Question # 15

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 50% x (80% x 50% + 90% x 50%) + 4000 x 50% x 150%

B.

4000 x 150% x (80% x 50% + 90% x 50%)

C.

150% x (4000 x 50% x (80% + 4000 x 50% x 90%

D.

4000 x 150% + 4000 x (80% x 50% + 90% x 50%)

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Question # 16

Which of the following fields are connected to reserved fields in the Variable Pay Background Element? Note: There are 3 correct answers to this question.

A.

Variable Pay Program Name

B.

Basis

C.

Local Currency Code

D.

Salary

E.

Target Percentage

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Question # 17

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 only

B.

Functional, User, Planner, and Any Currency

C.

Functional and User

D.

Functional, User, and Planner

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Question # 18

Which scenario requires the weights and mappings data file to be reimported?

A.

Change in business goal name

B.

Change in eligibility rule criteria

C.

Update in an employee’s assignment date

D.

Update in bonus cap

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Question # 19

What does the Enable Guideline Optimization setting do? Note: There are 2 correct answers to this question.

A.

It helps render the worksheet faster when there are more than 1,000 guideline formulas.

B.

It changes the guidelines so they are updated on the form immediately.

C.

It requires relaunching the form when guidelines are changed during mid-cycle.

D.

It locks the guideline rule settings so they are un-editable after form launch.

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Question # 20

Your customer wants to load the final results of business goals to be used in payout calculation. What column from the business goal import file must be used to load the results of each business goal?

A.

directPayout

B.

payoutPercentTarget

C.

payoutFunctionType

D.

notes

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Question # 21

The bonuses of all employees at your client are determined by the following results: 30% Corporate Performance. 30% Country Performance. 40% Individual Achievement. All employees have the same result for Corporate Performance, but the result for Country Performance varies based on the employee's country. The Individual Achievement comes from a linked performance form's overall result. How would this be configured? Note: There are 2 correct answers to this question.

A.

Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 50% and Country Performance is weighted 50%

B.

Additive plan with two Business Goal sections. Corporate Performance in one Business Goal section, weighted at 30%. Country Performance in other section, weighted at 30%. Individual section weighted at 40%

C.

Additive plan with one Business Goal section. The Business Goal section is weighted 30% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%

D.

Additive plan with one Business Goal section. The Business Goal section is weighted 60% and the Individual section is weighted 40%. Within the Business Goal section, Corporate Performance is weighted 30% and Country Performance is weighted 30%

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Question # 22

Which bonus plan configuration is available only when using an import file?

A.

Bonus Plan Name

B.

Team Section Weight

C.

Bonus Cap Percentage

D.

Individual Section Weight

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Question # 23

An employee was part of the Consumer business unit from January 1–July 31 and transferred to the Corporate Support business unit beginning August 1. Based on the screenshot, what can you determine about this employee's eligibility?

A.

This employee is eligible for the BU plan for a portion of the plan year, from August 1–December 31.

B.

This employee is eligible for the Corp plan for the entire plan year, from January 1–December 31.

C.

This employees is eligible for the Corp plan from January 1–July 31 and the BU plan from August 1–December 31.

D.

This employee is eligible for the BU plan for a portion of the plan year, from January 1–July 31.

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Question # 24

Which steps should you take to activate the Variable Pay Individual View? Note: There are 3 correct answers to this question.

A.

Add the Variable Pay Individual View to the Succession Data Model.

B.

Select Display Live Profile View.

C.

Configure the employee files.

D.

Add the Variable Pay Individual View to the Variable Plan template.

E.

Complete the Variable Pay forms.

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