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NEW QUESTION 26
A customer does NOT want the basis to be prorated. In the employee history data file, what dates must the customer enter?
- A. Dates earlier than program dates
- B. Dates later than program dates
- C. Dates equal to the program dates
- D. Dates should NOT be entered
Answer: C
NEW QUESTION 27
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 28
Bonuses for all engineers at your client are calculated as follows: Basis (prorated salary X bonus target) X company achievement. Bonuses for all marketing staff at your client are calculated as follows: Basis X
50% individual achievement + 50% company achievement. How can this be implemented? Note: There are 2 correct answers to this question.
- A. One variable pay program that uses Base X (Business Performance + Individual Performance). Two bonus plans: one with the weighting 100% individual and the other 50% corporate and 50% individual
- B. One variable pay program using Base X Business Performance X Individual Performance. Two bonus plans: one with the weighting 100% individual and the other 50% corporate and 50% individual.
- C. One variable pay program that uses Base X (Business Performance + Individual Performance). Two bonus plans: one with the weighting 100% corporate and the other 50% corporate and 50% individual.
- D. Two variable pay programs: one using Base X Business Performance and using Base X (Business Performance + Individual Performance). The additive plan uses one business goal section weighted at
50%
Answer: C,D
NEW QUESTION 29
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. Configure the employee files.
- C. Select Display Live Profile View.
- D. Add the Variable Pay Individual View to the Variable Plan template.
- E. Complete the Variable Pay forms.
Answer: A,C,D
NEW QUESTION 30
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