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NEW QUESTION # 46
What is the leaf-level record in a category hierarchy?
- A. Root category
- B. Classifier
- C. Subcategory
- D. Product
Answer: B
NEW QUESTION # 47
Which objects can be versioned? Note: There are 3 correct answers to this question.
- A. Participants
- B. Titles
- C. Position groups
- D. Role types
- E. Positions
Answer: A,C,E
NEW QUESTION # 48
Each sales representative receives 5% on each individual sale up to $10000. Individua sales over $10000 and up to $15000 are paid at 10%. Any individual sales over $15000 receive 15% commission. Which type of rule should you use to create this compensation structure?
- A. Per credit incentive rule
- B. Indirect credit rule
- C. Secondary measurement rule
- D. Bonus incentive rule
Answer: D
NEW QUESTION # 49
Which of the following are calculated during the Pipeline Pay stage? Note: There are 2 correct answers to this question.
- A. Trial balances
- B. Final balances
- C. Trial payments
- D. Final payments
Answer: A,C
NEW QUESTION # 50
Your plan includes a credit type called CT_1. Starting in the next fiscal year, this credit type will no longer be in use, and a new credit type called CT_2 will take its place.
What is the recommended way to manage this change?
- A. Change the effective end date for CT_1 to the last day of the current year. Create a new credit type called CT_2 and include CT_2 in the plans for the upcoming year.
- B. Delete CT_1. Create a new credit type called CT_2 and include CT_2 in the plans for the upcoming year.
- C. Rename CT_1 to CT_2. Include CT_2 in the plans for the upcoming year.
- D. Rename CT_1 to CT_1_Deprecated. Create a new credit type called CT_2 and include CT_2 in the plans for the upcoming year.
Answer: A
NEW QUESTION # 51
Which of the following are characteristics of a rate table? Note: There are 2 correct answers to this question.
- A. The same rate table can be used to calculate both step and straight commissions.
- B. A rate table can contain customized dimensions and indices.
- C. A rate table CANNOT contain a formula.
- D. A rate table can be used to calculate per-credit or aggregate commissions.
Answer: A,D
NEW QUESTION # 52
What is a best practice regarding rolling results data?
- A. Use a Variable any time you create a roll relationship.
- B. Roll at the measurement or incentive level.
- C. Create multiple plans with a variety of formulas to roll results data.
- D. Roll at the direct credit level.
Answer: D
NEW QUESTION # 53
Which of the following is an accurate statement regarding the pipeline? There are 2 correct answers to this question.
- A. It is the processing engine that performs calculations.
- B. It can be used to import plan data.
- C. It can generate payments, but NOT balances.
- D. It requires a separate process to populate dashboards.
Answer: A,B
NEW QUESTION # 54
Before running Post, which of the following is recommended?
- A. Run Compensate and Pay with Update Analytics to populate dashboards.
- B. Review the Classify stage results to ensure accuracy.
- C. Run Compensate and Pay in full mode.
- D. Run the Pay stage for each position group.
Answer: C
NEW QUESTION # 55
In embedded analytics, one set of users should be able to create new stories and edit new stories, but should NOT create folders or share stories with other users.How would you set up permissions for these users?
- A. Assign the users to a group with Author permission.
- B. Assign the users to a group with Creator permission.
- C. Assign the users to a group with Viewer permission.
- D. Assign the users to a group with Authenticated permission.
Answer: A
NEW QUESTION # 56
Which of the following can you accomplish within the Customizations workspace? Note: There are 2 correct answers to this question.
- A. Create additional Classifier Types.
- B. Manage and create attributes.
- C. Create Business Units.
- D. Manage and create Variables.
Answer: A,B
NEW QUESTION # 57
During which stage of the Compensate and Pay sequence are secondary measurements calculated?
- A. Reward
- B. Allocate
- C. Classify
- D. Pay
Answer: A
NEW QUESTION # 58
You are running Compensate and Pay daily but would like to update the data visible in Embedded Analytics only once a week.
How would you do this?
- A. In the Incentive Management Portal - Global Data, enable the Approve Calculated Data switch. Run Compensate and Pay daily. Run Compensate and Pay followed by Approve Calculated Data weekly.
- B. Submit a support ticket to enable Approve Calculated Data in your system. Run Compensate and Pay daily. Run Compensate and Pay followed by Approve Calculated Data weekly.
- C. In the Incentive Management Portal - Global Data, enable the Enable Released Periods switch. Run Compensate and Pay daily. Manually release the period weekly.
- D. In the Incentive Management Portal - Global Data, enable the Enable Released Periods switch. Run Compensate and Pay daily. Run Compensate and Pay followed by Approve Calculated Data weekly.
Answer: C
NEW QUESTION # 59
Your company pays a quarterly bonus one month after the end of each quarter. How would you configure this in the compensation plan?
- A. In the credit rule, set the hold type to Period Type. Select the option to release this credit 1 month from now.
- B. In the credit rule, set the hold type to Hold with Condition. Enter a date function to calculate 1 month from the current date.
- C. In the deposit rule, set the hold type to Hold with Condition. Enter a date function to calculate 1 month from the current date.
- D. In the deposit rule, set the hold type to Period Type. Select the option to release this deposit 1 month from now.
Answer: C
NEW QUESTION # 60
Which rule types are executed during the Reward stage? Note: There are 3 correct answers to this question.
- A. Credit
- B. Secondary measurement
- C. Primary measurement
- D. Deposit
- E. Incentive
Answer: B,D,E
NEW QUESTION # 61
Which of the following are best practices regarding effective dates versioning? Note: There are 2 correct answers to this question.
- A. Never end date a compensation rule. Instead inactivate it by removing the rule from all compensation plans.
- B. Plans plan objects should only be versioned on a leaf period boundary.
- C. When retiring a position end date it by populating the effective end date with the last day of the position.
- D. When a participant leaves a position do NOT end date the position. Instead inactivate it by removing the participant from the position.
Answer: B,D
NEW QUESTION # 62
You want to design a plan that credits a transaction to a position based on specific criteria such as postal codes, customer or product criteri a. Which of the following would you use in a credit rule?
- A. Formulas
- B. Classification rules
- C. Generic attributes
- D. Territories
Answer: B
NEW QUESTION # 63
What does the system do when Payment Threshold is enabled?
- A. The system will NOT generate payments for held deposits until they are released.
- B. The system will NOT generate payments greater than or equal to the payment u threshold.
- C. The system will NOT generate payments less than or equal to the payment threshold.
- D. The system will NOT track negative payments as balances once the period is finalized.
Answer: C
NEW QUESTION # 64
A sales representative earns a monthly commission of $5000. A portion of that is rolled to the sales representative's manager, but does NOT roll to the sales representative's regional manager. What is this an example of?
- A. Rolling deposit results
- B. Rolling measurement and incentives
- C. Rolling category hierarchy results
- D. Rolling credits results
Answer: D
NEW QUESTION # 65
What is the purpose of resetting pipeline data?
- A. To re-run the Compensation and Pay pipeline for the same period
- B. To mark data as reset without deleting it
- C. To clear the data in dashboards
- D. To remove pipeline data that is no longer required
Answer: B
NEW QUESTION # 66
If a Processing Unit is enabled, which of the following applies? Note: There are 2 correct answers to this question.
- A. You can post an entire period for multiple Processing Units in a single pipeline run.
- B. You can finalize a group of positions in a single pipeline run.
- C. You must run Compensate and Pay before Classify.
- D. You CANNOT finalize an entire period for multiple Processing Units in a single pipeline run.
Answer: A,B
NEW QUESTION # 67
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