EMT Practice Test

1. Question Content...

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Question1: Your customer wants to use its business units to assign goal achievements. What are the first steps to set up this requirement? Note: There are 2 correct answers to this question.

Question2: Which Variable Pay report shows employees that have less than the full plan year of eligibility?

Question3: 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?

Question4: 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.

Question5: Where do you define the payout function type?

Question6: What formula do you use to suppress statements?

Question7: 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.

Question8: Why might you use the check tool? Note: There are 2 correct answers to this question.

Question9: A public sector company would like to pay one business goal according to the following guidelines: If the company makes profits, employees get 100% of their target payout. If the company loses
$50,000, employees get 50% of their target payout. If the company loses $100,000 or more, nobody receives a payout. Finance provides administrators with the final amount on February 1 every year. How should your customer create this interpolated business goal?

Question10: Company XYZ rewards its sales employees based on company and individual performance. Each employee's target bonus is a percentage of their salary. Both company and individual performance are combined, then multiplied by the basis. Employees are assigned weighted goals under company performance (revenue, profit, etc.). Which of the following bonus calculation equations is best to use for this organization?

Question11: From where can you pull fields to assign business goals to employees through the business goals import file?

Question12: What is the effect of proration rounding?

Question13: How can you create worksheets where employees have planners outside their line manager hierarchy?

Question14: Which of the following system-standard equations are considered to be multiplicative formulas? Note: There are 3 correct answers to this question.

Question15: 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?

Question16: Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.

Question17: A customer updated an employee's assignment date using the employee history editor, but the proration amount remained the same in the worksheet. How can you correct this?

Question18: In which customer scenario do you need to create more than one bonus plan in the same program?

Question19: In which file do you specify the relationship between bonus plan and business goals?

Question20: A customer is using a custom formula to calculate the employee basis. What must you do to ensure that the basis calculates correctly?

Question21: Your customer launched the worksheets and found some employees are NOT appearing. Which reports would you run to troubleshoot the issue? Note: There are 3 correct answers to this question.

Question22: Your customer has added a new employee to their Employee History. Based on the employee's data, they are eligible for the bonus plan, but when the customer tries to manually add them to a worksheet, they receive an error that the employee is unable to be added because they are ineligible. What might have been missed?

Question23: How do you ensure that a planner enters an amount within a specific range?

Question24: If the Starting Point for Manager Form Eligibility is set to "No employees are eligible", what actions can you take to include employees in the bonus plan? Note: There are 2 correct answers to this question.

Question25: What does the Enable Guideline Optimization setting do? Note: There are 2 correct answers to this question.

Question26: Your client has a performance process where employees can enter goals. The individual part of the employee's bonus is based on the performance against these goals - but not all of them. When going through the goal setting process, the employee and their manager will discuss whether or not a goal is "bonus relevant" - that is, the employee's attainment against that goal affects their bonus at the end of the year. What is the best way to set this up without administrative intervention?

Question27: 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?

Question28: 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?

Question29: You want to see historical payouts initiated through manager self-service from the Variable Pay form. What do you use?

Question30: 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?

Question31: 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?

Question32: Which of the following tools can you use to reorder the fields in the Assignment Details section (as shown in the screenshot)?

Question33: Assume a starting point of "All employees are eligible" and all employees will appear on the worksheet regardless of employee history. Why would you use Manager Form Eligibility Rules?