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NEW QUESTION 1
Which three are change opportunities an organization can implement during Open Enrollment?
- A. decline coverage
- B. enroll in existing plans
- C. Start new benefit offerings
- D. modify plan configuration
- E. update rates
Answer: ADE
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.ht
NEW QUESTION 2
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?
- A. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.
- B. The amount of deduction from employee pay check for enrollment is varied based on a life event.
- C. Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
- D. Life events affect benefits processing for a participant.
Answer: CD
Explanation:
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm
NEW QUESTION 3
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?
- A. This requirement can be achieved through customization only.
- B. This requirement can be completely achieved with configuration only.
- C. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
- D. This requirement cannot be achieved in the current system offerings.
Answer: D
NEW QUESTION 4
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
- A. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
- B. This can be achieved via customization only.
- C. This can be achieved via configuration.
- D. This cannot be achieved.
Answer: C
NEW QUESTION 5
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?
- A. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
- B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
- C. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
- D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
- E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
Answer: B
NEW QUESTION 6
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?
- A. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
- B. On the life event creation page, select "Never detect this temporal life event" as the Temporal DetectionRule.
- C. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
- D. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
- E. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
Answer: C
NEW QUESTION 7
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. The intervening life event activated the open event.
- C. An intervening life event backed out the open event.
- D. The open event was accidentally backed out.
Answer: CD
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 8
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 was triggered for the person, and participation evaluation processing has not yet evaluated it.
- 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 is yet to be triggered and processed for, the employee.
Answer: C
NEW QUESTION 9
What rate is used for the flex credit program to adjust the total cost of the program?
- A. Standard Primary Rate
- B. Standard Rollover Rate
- C. Rollover Rate
- D. Standard Secondary Rate
Answer: C
NEW QUESTION 10
A Global Dental Plan has the following options attached to it: Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two
/ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2021 as the plan is restricted.
How can you configure this scenario for the company?
- A. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- B. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event dat
- C. Configure the limitation to minimum 2 years at all three option level
- D. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
- E. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event dat
- F. Then configure the limitation to minimum 2 years at the plan tab.
- G. Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event dat
- H. Configure the limitation to minimum 2 years at all three option levels.
Answer: B
NEW QUESTION 11
Can you define overspending of a budget pool in flex credit shell plans?
- A. Yes, you can define it in the spending options.
- B. Yes, you can define it in the standard rates.
- C. Yes, you can define it as per the flex credit formula.
- D. No, you do not have a place holder.
Answer: A
NEW QUESTION 12
Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?
- A. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
- B. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
- C. All plans can be configured at the plan level.
- D. All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
Answer: B
NEW QUESTION 13
An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2021
3) Assign Defaults Date - January 31, 2021
4) Assigned Life Event Date - January 15, 2021
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2021. An employee makes an election on January 22, 2021.
What is the coverage start date for this employee?
- A. January 15, 2021
- B. December 28, 2021
- C. January 31, 2021
- D. January 22, 2021
Answer: C
NEW QUESTION 14
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. 40
- B. 130
- C. 32.5
- D. 30
Answer: D
NEW QUESTION 15
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?
- A. 5
- B. 7
- C. The number of train stops can be configured.
- D. 6
Answer: C
NEW QUESTION 16
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?
- A. The life event date was different.
- B. The life event was not backed out properly.
- C. The life event reinstatement rule was configured.
- D. The life event was configured for another date.
Answer: C
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 17
The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child
The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
- A. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- B. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salarie
- C. Related coverage > Eligible for another plan and attach this to both the plans..
- D. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- E. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried
- F. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
Answer: D
NEW QUESTION 18
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 les
- B. Create an eligibility profile and configure these two derived factors under the eligibility profil
- C. Then attach the eligibility profile to XX Life Insurance Plan
- D. Create one derived facto
- E. Create an eligibility profile and configure the derived factor under the eligibility profil
- F. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
- G. Create one derived facto
- H. Create an eligibility profile and configure the derived factor under theeligibility profil
- I. Then attach the eligibility profile to XX Life Insurance Plan.
- J. Create two eligibility profile
- K. One with age as 21 or above and a second with age 18 or les
- L. Then attach these eligibility profiles to XX Life Insurance Plan.
Answer: D
NEW QUESTION 19
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 voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
- B. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
- C. The collapsing rule runs the Marriage event, evaluates the Dependent 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: A
NEW QUESTION 20
Which statement about Waive options is true?
- A. 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.
- B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
- C. Waive options are options which do not require any dependent/beneficiary designation.
- D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
Answer: B
NEW QUESTION 21
Which benefit object must be created prior to creating an option?
- A. Rate
- B. Plan Type
- C. Plan
- D. Coverage
Answer: B
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.
NEW QUESTION 22
The benefits administrator runs an open enrollment window on March 1, 2021 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2021. What could be a reason for this?
- A. The life event date configured for XX Life Program is not 15 March 2021
- B. There is no configuration for open enrollment for the XX Life Program.
- C. A cycle has already run for open enrollment, so no life event date is available.
- D. The benefits administrator has a login from the previous date to that of 15 March 20l7.
Answer: D
NEW QUESTION 23
The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can't the employee see the assigned rate amount?
- A. The rate amount Is a variable rate for the employee's legal employer.
- B. The rate amount is of the unit of measure "Money".
- C. The rate amount is not configured for the employee's specific legal employer.
- D. The rate amount "Assign on Enrollment" is enabled for five legal entities.
Answer: C
NEW QUESTION 24
Which object is NOT included in benefit export?
- A. Eligibility profile
- B. Program configuration
- C. Plan not in program configuration
- D. Element input values
Answer: D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-expor
NEW QUESTION 25
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