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C_THR70_2411 Questions and Answers

Question # 6

What are the characteristics of end dating an object? Note: There are 2 correct answers to this question.

A.

If you end date a position or participant, it is deleted from the system.

B.

If a participant has non-zero results data in a period, you can set the end date for the participant to the last day of the period.

C.

If the Credit End and Process End fields on a position extend beyond the effective end date, the position continues to be processed.

D.

You can end date a position or participant version if there is NO results data associated with that version.

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Question # 7

How are Rate Tables different from Lookup Tables? Note: There are 2 correct answers to this question.

A.

Rate Tables can be effective dated. Lookup Tables CANNOT be effective dated, but each cell in the matrix can be effective dated.

B.

Rate Tables have a single dimension. Lookup Tables can have more than one dimension.

C.

Rate Tables can be used in any rule. Lookup Tables can be used only in incentive rules.

D.

Rate Tables CANNOT handle step commissions. Lookup Tables can handle step commissions.

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Question # 8

Which of the following is a characteristic of Rate Tables?

A.

They always use attainment as the input.

B.

They can calculate step commissions only.

C.

They can calculate per-credit or aggregate commissions.

D.

They depend on selections in the credit rule to make calculations.

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Question # 9

Before running the Post-Calculation stage, which of the following is recommended? Note: There are 2 correct answers to this question.

A.

Run the Finalize stage to prevent compensation from being paid.

B.

Review the Classify stage results to ensure accuracy.

C.

Review the verbose log files.

D.

Run Compensate and Pay in full mode.

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Question # 10

What should you avoid when working with titles? Note: There are 1 correct answers to this question.

A.

Keep the same name of a title over time.

B.

Assign a compensation plan to a title.

C.

Delete a title when it is no longer in use.

D.

Assign the same name to both titles and positions.

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Question # 11

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 category hierarchy results

B.

Rolling measurement and incentives

C.

Rolling deposit results

D.

Rolling credits results

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Question # 12

What is the purpose of user role security? Note: There are 2 correct answers to this question.

A.

To manage the security of the sales organization

B.

To manage the organizational reporting hierarchy

C.

To manage security within the system interface

D.

To manage permissions in workspaces

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Question # 13

What options can you set within the User Preferences workspace? Note: There are 3 correct answers to this question.

A.

Default View Data

B.

Payment Threshold

C.

Enable Processing Units

D.

Prompt Settings

E.

Default Business Unit

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Question # 14

What is a best practice regarding rolling results data?

A.

Roll at the direct credit level.

B.

Create multiple plans with a variety of formulas to roll results data.

C.

Roll at the measurement or incentive level.

D.

Use a Variable any time you create a roll relationship.

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Question # 15

What is the purpose of Excel Data Loader feature?

A.

Load Lookup and Rate Table values.

B.

Load a small number of new records.

C.

Load Plan Objects.

D.

Transform existing data.

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Question # 16

Which options can you set in the System Preferences workspace? Note: There are 3 correct answers to this question.

A.

Audit Logs Retention

B.

User Role Permissions

C.

Prompt Settings

D.

Allow Negative Payments

E.

Calculation Settings

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Question # 17

Which of the following are characteristics of a Rate Table? Note: There are 2 correct answers to this question.

A.

Rate Table CANNOT be built with Fixed Values or Formulas.

B.

A Rate Table can be used to calculate per-credit or aggregate commissions.

C.

The same Rate Table can be used to calculate both step and straight commissions.

D.

The same Rate Table CANNOT be used in multiple rules.

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Question # 18

Which compensation plan rule uses the output of the measurement rule and objects such as Fixed Values or Lookup Tables to generate a commission output?

A.

Per-credit incentive rule

B.

Primary measurement rule

C.

Basic incentive rule

D.

Basic deposit rule

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Question # 19

Your company requires new sales representatives to reach 60 days of employment before receiving any bonus payment. How would you configure this in the compensation plan?

A.

Add a conditional hold to a credit rule.

B.

Add a conditional hold to a deposit rule.

C.

Add a condition to a deposit rule.

D.

Add a condition to an incentive rule.

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Question # 20

A sales representative's compensation plan stipulates that for every transaction, 2% of that transaction goes to their direct manager. In addition, the regional manager receives 1% of all transactions from all sales representatives and managers within their given region. Which rule type should you use for this rolling relationship?

A.

Direct credit rule

B.

Secondary measurement rule

C.

Indirect credit rule

D.

Primary measurement rule

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Question # 21

Which of the following are characteristics of Calendars? Note: There are 2 correct answers to this question.

A.

You CANNOT delete a period once a Pipeline has been run for that period.

B.

Leaf periods on a Calendar CANNOT contain gaps or overlap.

C.

You can change the dates of a period after a Pipeline has been run without causing a disconnect in the results.

D.

You can have two rules with the same name, as long as they are on different Calendars.

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Question # 22

Which of the following are characteristics of Variables? Note: There are 2 correct answers to this question.

A.

Once a Variable has been created, the Variable's type CANNOT be changed.

B.

Variable assignments made at the position level supersede assignments made at the plan level.

C.

Variable values can include currency, boolean, or string data types.

D.

A Variable can be associated with any type of compensation element.

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Question # 23

When creating an Incentive Rule that calculates a commission that accelerates when a payee reaches 100% attainment, which of the following objects should you use to reference the commission rate?

A.

A Rate Table Variable

B.

A Rate Table

C.

A Fixed Value

D.

A Fixed Value Variable

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Question # 24

One of your employees is moving from their position as a sales representative to an account executive on March 1. Their prior position will be filled by a new hire at a later date. How can you manage this change?

A.

Leave the employee assigned as the Participant for the Sales Representative position. Create a new effective version of the Account Executive position. Add the employee's name to the Participant field on the Account Executive position.Change the credit start date on the Account Executive Position to March 1.

B.

Create a new effective version of the Sales Representative position with a start date of March 1.Remove the employee's name from the Participant field of the Sales Representative position. Create a new effective version of the Account Executive position with a start date of March l.Add the employee to the participant field in the new version.

C, Create a new effective version of the sales representative position with a start date of

C.

Remove the employee's name from the Participant field on the Sales Representative

position.Change the credit end date on the Sales Representative position to February 28. Add the employee's name to the Participant field on the Account Executive position.

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