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Questions # 1:

Which of the following data files are linked by legacy eligibility rules? Note: There are 2 correct answers to this question.

Options:

A.

Business goals data file

B.

Bonus plan data file

C.

User data file

D.

Employee history data file

Questions # 2:

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?

Question # 2

Options:

A.

This employee is eligible for the BU plan for a portion of the plan year, from August 1–December 31.

B.

This employee is eligible for the Corp plan for the entire plan year, from January 1–December 31.

C.

This employees is eligible for the Corp plan from January 1–July 31 and the BU plan from August 1–December 31.

D.

This employee is eligible for the BU plan for a portion of the plan year, from January 1–July 31.

Questions # 3:

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?

Options:

A.

Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.

B.

Additive formulas use section weights, whereas multiplicative formulas use payout percent.

C.

Additive formulas use payout percent, whereas multiplicative formulas use section weights.

Questions # 4:

Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.

Options:

A.

Personal Compensation Statement Notification

B.

Bonus Assignment Statement

C.

Combined Rewards Statement

D.

Variable Pay Rewards Statement

E.

Variable Pay Individual View

Questions # 5:

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?

Options:

A.

4000 x 50% x (80% x 50% + 90% x 50%) + 4000 x 50% x 150%

B.

4000 x 150% x (80% x 50% + 90% x 50%)

C.

150% x (4000 x 50% x (80% + 4000 x 50% x 90%

D.

4000 x 150% + 4000 x (80% x 50% + 90% x 50%)

Questions # 6:

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

Options:

A.

Summary level custom reportable fields

B.

Bonus plan weights

C.

Summary level standard fields

D.

Employee history fields

Questions # 7:

Your customer wants to ensure that no employee's bonus exceeds 200% of their bonus target. How can this be achieved?

Options:

A.

Use bonus plan caps.

B.

Use guidelines where the maximum is set to 200%.

C.

Use a bonus plan multiplier of 200%.

D.

Use gates on business goals.

Questions # 8:

A customer has implemented Employee Central for most of their employees, but some employees remain on SAP ERP. What plan setting allows for the use of a single template for all employees?

Options:

A.

Enable Guideline Optimization

B.

Use MDF rule instead of imported eligibility rule

C.

Hybrid template

D.

Enable Suppress Statement

Questions # 9:

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?

Options:

A.

Recalculating bonus data

B.

Reloading the goal weights file

C.

Updating business goals

D.

Updating worksheets

Questions # 10:

What is the relationship between goal weights and bonus plans?

Options:

A.

All bonus plans must have equally weighted business goals.

B.

Business goal weights must be created first, before bonus plans are created.

C.

Goals are uniquely weighted based on the bonus plan they are assigned to.

D.

Goal weights are required to equal 100% for each bonus plan.

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