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NEW QUESTION 26
How do you set up a Termination life event to end coverage at the end of the month?
- A. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month - B. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month - C. Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month - D. Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month
Answer: A
NEW QUESTION 27
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?
- A. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
- B. Run the Enrollment Kit Report from Benefits Self-Service.
- C. Run the Person Enrollment Summary Report from Benefits Self Service.
- D. Run the Person Enrollment Summary Report from the Enrollment work area.
- E. Run the Enrollment Kit Report from the Benefits Enrollment work area.
Answer: E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing
NEW QUESTION 28
A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?
- A. A New Hire life event was manually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated. - B. A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee. - C. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.
- D. A New Hire life event was manually selected.
An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.
Answer: C
NEW QUESTION 29
Which three are change opportunities an organization can implement during Open Enrollment?
- A. modify plan configuration
- B. decline coverage
- C. Start new benefit offerings
- D. update rates
- E. enroll in existing plans
Answer: A,B,D
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.ht
NEW QUESTION 30
Which two statements are true about Enrollment Authorizations?
- A. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
- B. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
- C. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- D. They appear several times if the participant enters self-service multiple times for a single life event.
- E. They appear only the first time that the participant enters self-service enrollment for multiple life events.
Answer: C,E
NEW QUESTION 31
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?
- A. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
- B. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
- C. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
- D. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
Answer: C
NEW QUESTION 32
The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
- A. The life event date configured for XX Life Program is not 15 March 2017
- B. There is no configuration for open enrollment for the XX Life Program.
- C. The benefits administrator has a login from the previous date to that of 15 March 20l7.
- D. A cycle has already run for open enrollment, so no life event date is available.
Answer: C
NEW QUESTION 33
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?
- A. 32.5
- B. 0
- C. 1
- D. 2
Answer: D
NEW QUESTION 34
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when an electable choice is saved as a part of self-service enrollment
- B. after the Evaluate Life Events batch process is completed successfully
- C. after the Close Enrollment process has completed
- D. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- E. when a default enrollment is processed
Answer: A,B,D
NEW QUESTION 35
Which two are program types when you configure Flex Credits?
- A. Other Credits
- B. Flex Credits and Core
- C. Core
- D. Flex
Answer: B,C
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.htm
NEW QUESTION 36
Which statement about Waive options is true?
- A. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- B. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
- C. Waive options are options which do not require any dependent/beneficiary designation.
- D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
Answer: D
NEW QUESTION 37
Which benefit object must be created prior to creating an option?
- A. Rate
- B. Coverage
- C. Plan
- D. Plan Type
Answer: D
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.
NEW QUESTION 38
An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:
- A. No option is available for the plan for enrollment.
- B. The employee is not eligible for the enrollment.
- C. No unrestricted event is available for the employee.
- D. No life event is detected.
Answer: C
NEW QUESTION 39
How do you configure the link between the payroll module and benefits?
- A. Link the element to the plan coverage.
- B. Link the element to the plan rate.
- C. Link the payroll to the plan salary basis.
- D. Link the payroll to the plan coverage.
Answer: B
NEW QUESTION 40
Which is NOT a derived factor type?
- A. Grade
- B. Compensation
- C. Hours Worked
- D. Full-Time Equivalent
Answer: A
Explanation:
Explanation
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5
NEW QUESTION 41
A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?
- A. as of rate start date
- B. as of coverage start date
- C. as of enrollment start date
- D. as of event start date
Answer: D
NEW QUESTION 42
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
- A. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan
- B. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
- C. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
- D. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
Answer: B
NEW QUESTION 43
A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION 44
To which two benefits objects can Year Period be attached to?
- A. Option
- B. Program
- C. Plan
- D. Plan Type
Answer: A,D
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm
NEW QUESTION 45
A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?
- A. The number of proximity days was specified as 0.
- B. The number of proximity days was specified as 15.
- C. The life event had expired.
- D. The number of proximity days was specified as 20.
Answer: B
NEW QUESTION 46
The reinstatement rule enables you to restore elections during which two events?
- A. The open event was backed out by the administrator from the Benefits Service Center.
- B. An intervening life event backed out the open event.
- C. The intervening life event activated the open event.
- D. The open event was accidentally backed out.
Answer: B,D
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 47
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