Changing the Concept of C-THR87-2405 Exam Preparation 2024
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NEW QUESTION # 36
Which of the following areas are impacted when a customer uses flexible payout curves in their Variable Pay plan? Note: There are 2 correct answers to this question.
- A. Guidelines
- B. Lookup values
- C. Calculations
- D. Reports
Answer: C,D
NEW QUESTION # 37
Which bonus plan configuration is available only when using an import file?
- A. Bonus Cap Percentage
- B. Team Section Weight
- C. Individual Section Weight
- D. Bonus Plan Name
Answer: A
NEW QUESTION # 38
Which of the following scenarios are good uses of a global eligibility rule in an Employee Central integrated template? Note: There are 2 correct answers to this question.
- A. Only employees who are active employees on January 1, 2020 are eligible to receive a bonus.
- B. Only Permanent full-time employees are eligible to receive a bonus.
- C. Only employees who have had less than 20 days of unpaid leave during the bonus period are eligible for a bonus.
- D. Only employees in bonus plans "Executive", "Manager" or "Employee" are eligible to receive a bonus.
Answer: A,B
NEW QUESTION # 39
A customer's variable pay program dates are January 1 to December 31, 2017. Given the screenshot below, what are the approximate Proration and Prorated Target Amount for this assignment?
- A. 25% and 2,000 respectively
- B. 75% and 2,000 respectively
- C. 75% and 6,000 respectively
- D. 25% and 6,000 respectively
Answer: A
NEW QUESTION # 40
You want to see historical payouts initiated through manager self-service from the Variable Pay form. What do you use?
- A. Compensation profile
- B. Field-based permission
- C. Custom views
- D. Executive review
Answer: A
NEW QUESTION # 41
What is the effect of proration rounding?
- A. Rounds proration to a monthly value
- B. Forces proration to have X decimal places, where X is configurable
- C. Changes start and/or end date used in BonusCalculation
- D. Allows for the use of "point in time" salary calculations
Answer: A
NEW QUESTION # 42
Which field-name attributes of a variable pay background element are reserved for a specific purpose? Note: There are 2 correct answers to this question.
- A. ffid1
- B. dfid1
- C. ifid1
- D. vfid5
Answer: A,D
NEW QUESTION # 43
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 and User
- B. Functional, User, and Planner
- C. Functional only
- D. Functional, User, Planner, and Any Currency
Answer: A
NEW QUESTION # 44
A customer is using a custom formula to calculate the employee basis. What must you do to ensure that the basis calculates correctly?
- A. Delete the Basis field header when importing the employee history data file.
- B. Leave the Basis field blank when importing the employee history data file.
- C. Configure the Basis field as a custom field in the background element.
- D. Configure the Basis field to be hidden in the background element.
Answer: D
NEW QUESTION # 45
Your customer uses role-based permissions. The Variable Pay administrator imports the employee history data file that contains the assignment history for all employees. What data is processed?
- A. Data for all employees when the option "Delete all existing records prior to importing new data" is checked
- B. Data for employees who are in the administrator's dynamic group
- C. Data for all employees when the option "Import file contains assignment history for all employees" is checked
- D. Data for employees who are in the administrator's target population
Answer: A
NEW QUESTION # 46
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 section weights.
- B. Additive formulas use section weights, whereas multiplicative formulas use payout percent.
- C. Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.
Answer: C
NEW QUESTION # 47
Which of the following system-standard equations are considered to be multiplicative formulas? Note: There are 3 correct answers to this question.
- A. Base x (business performance + team performance + individual performance)
- B. Base x business performance x team performance x individual performance
- C. Base x business performance x individual performance
- D. Base x (business performance + individual performance)
- E. Base x business performance
Answer: B,C,E
NEW QUESTION # 48
Refer to the screenshot below. When implementing an Employee Central-integrated Variable Pay template, to which of the following does the highlighted Effective Date refer?
- A. The date published transactions are effective in Employee Central
- B. The date the system uses to pull data from Employee Central
- C. The date the program begins
- D. The date the program ends
Answer: B
NEW QUESTION # 49
What attribute must you change when creating a new Business Goal XML template to ensure that the correct business goals are referenced?
- A. Plan ID
- B. Plan number format
- C. Plan type
- D. Plan name
Answer: A,C,D
NEW QUESTION # 50
How can you create worksheets where employees have planners outside their line manager hierarchy?
- A. Create the worksheets the same as in compensation planning and move employees to other managers through Employee Membership.
- B. Create a Second Manager hierarchy and set the template to use this hierarchy instead of the Standard hierarchy.
- C. Assign the employees to matrix managers and use matrix managers in the route map.
- D. Use the custom manager option for assigning employees in the user data file and in the route map.
Answer: B
NEW QUESTION # 51
Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.
- A. Bonus Assignment Statement
- B. Personal Compensation Statement Notification
- C. Combined Rewards Statement
- D. Variable Pay Rewards Statement
- E. Variable Pay Individual View
Answer: B,C,D
NEW QUESTION # 52
How is goal payout determined when using the direct payout function type?
- A. Direct payout percentage will override normal performance payout calculation.
- B. The higher amount between the direct payout percentage and the performance maximum payout percentage will be used.
- C. The lower amount between the direct payout percentage and the estimated target payout calculation will be used.
- D. The lower amount between the direct payout percentage and the performance minimum payout percentage will be used.
Answer: A
NEW QUESTION # 53
Why might you use the check tool? Note: There are 2 correct answers to this question.
- A. To determine inactive planners in the hierarchy
- B. To determine if custom fields are reloadable
- C. To determine if goal weights are equal to 100%
- D. To determine if employees are assigned to an appropriate bonus plan
Answer: A,B
NEW QUESTION # 54
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