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NEW QUESTION 52
Your client wants to award quarterly bonuses, where the quarters are aligned as follows: Q1: November 1-January 31. Q2: February 1-April 30. Q3: May 1-July 31. Q4: August 1-October 31. Bonuses are paid at the end of each quarter. Which of the following combinations of configuration options would work for this scenario?

  • A. One variable pay template with the bonus start date November 1 and end date October 31, and the bonus plan multiplier set to 25%
  • B. One variable pay template with the bonus start date November 1 and end date October 31; employee history is loaded with four records per employee (one per quarter) and bonus paid in full on October 31
  • C. Four variable pay templates, with the bonus start and end dates aligned with the customer's dates and employee history to match
  • D. Four variable pay templates, with the bonus start and end dates aligned with "traditional" quarter dates and custom columns in the employee history to display the customer's dates

Answer: A,D

 

NEW QUESTION 53
What does the Enable Guideline Optimization setting do? Note: There are 2 correct answers to this question.

  • A. It locks the guideline rule settings so they are un-editable after form launch.
  • B. It requires relaunching the form when guidelines are changed during mid-cycle.
  • C. It helps render the worksheet faster when there are more than 1,000 guideline formulas.
  • D. It changes the guidelines so they are updated on the form immediately.

Answer: C,D

 

NEW QUESTION 54
Which Variable Pay report shows employees that have less than the full plan year of eligibility?

  • A. Employee History Gaps report
  • B. Employee History report
  • C. Employee History Overlaps report
  • D. Bonus Payout Details report

Answer: A

 

NEW QUESTION 55
Which customer scenarios require the use of multiple variable pay programs? Note: There are 3 correct answers to this question.

  • A. The customer is using a different bonus calculation formula.
  • B. The customer is using a different plan period date range.
  • C. The customer is using different eligibility rules.
  • D. The customer has some employees in Employee Central and others in an external system.
  • E. The customer is using a different route map.

Answer: A,B,E

 

NEW QUESTION 56
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