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NEW QUESTION 32
Which two are correct processes regarding performing the Benefits Extractsetup?
- A. Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.
- B. Extract benefits enrollment information into a single XML file for each plan carrier.
- C. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
- D. Configure plan carrier details and extract options using the Manage Plan Carriers task.
- E. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
Answer: B,D
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FAI
NEW QUESTION 33
Which is NOT a derivedfactor type?
- A. Full-Time Equivalent
- B. Grade
- C. Hours Worked
- D. Compensation
Answer: B
Explanation:
Explanation
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5
NEW QUESTION 34
What rate is used for the flex creditprogram to adjust the total cost of the program?
- A. Rollover Rate
- B. Standard Primary Rate
- C. Standard Rollover Rate
- D. Standard Secondary Rate
Answer: A
NEW QUESTION 35
Which object is NOT included in benefit export?
- A. Element input values
- B. Plan notin program configuration
- C. Eligibility profile
- D. Program configuration
Answer: A
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-export
NEW QUESTION 36
Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?
- A. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
- B. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
- C. Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
- D. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
- E. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
Answer: A
NEW QUESTION 37
Which benefit object must be created prior to creating an option?
- A. Plan
- B. Plan Type
- C. Rate
- D. Coverage
Answer: B
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.
NEW QUESTION 38
How do you configure the link between the payroll module and benefits?
- A. Link the element to the plan rate.
- B. Link the payroll to the plan salary basis.
- C. Link the payroll to the plan coverage.
- D. Link the element to the plan coverage.
Answer: A
NEW QUESTION 39
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 20.
- B. The life event had expired.
- C. The number of proximity days was specified as 0.
- D. The number of proximity days was specified as 15.
Answer: D
NEW QUESTION 40
Which two statements are correct with respect to required action in the eligibility profile?
- A. If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
- B. If only one eligibility profile is added to an object,then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.
- C. If all profiles are optional, then at least one of the profiles must be satisfied.
- D. If all profiles are requited, then at least one of the profiles must be satisfied.
Answer: B
NEW QUESTION 41
Your customer decided to use some delivered explicit life events in their business. What is your next step asan HCM Consultant after defining triggers as per the retirement?
- A. Associate the life events with only flexible benefit programs.
- B. Associate the life events with benefit plans or program.
- C. Associate the life events only with Core benefit programs.
- D. Associate the life events only with benefit plans which are not in a program.
- E. Associate the life events only with benefit plans which are in a program.
Answer: B
NEW QUESTION 42
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
- A. Standard wash Rule formula
- B. Standard input Value
- C. Standard Coverage Volume
- D. Standard Rate Value
Answer: B
NEW QUESTION 43
Which two statements are true about Enrollment Authorizations?
- A. They appear only the first time that the participant entersself-service enrollment for multiple life events.
- B. If they are implemented, participants must readand accept the terms provided in the text before they are able to enroll.
- 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 are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
Answer: A,C
NEW QUESTION 44
You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:
A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.
The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?
- A. Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
- B. Configure a primary rate with the calculation method as Multiple of Coverage.
- C. Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
- D. Configure a secondary rate with the calculation method as Multiple of Coverage.
Answer: B
NEW QUESTION 45
Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?
- A. The Marriage eventoccurred before the Transfer event.
- B. No collapsing rule was set.
- C. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
- D. The employee is not eligible for life events.
Answer: C
NEW QUESTION 46
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 GlobalDental 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,
2017 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 period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
- B. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
- C. 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.
- D. 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 data. Configure the limitation to minimum 2 years at all three option levels.
Answer: A
NEW QUESTION 47
How many life events can be included in a collapsing rule?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION 48
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- B. when a default enrollment is processed
- C. after the Close Enrollment process hascompleted
- D. when an electable choice is saved as a part of self-service enrollment
- E. after the Evaluate Life Events batch process is completed successfully
Answer: A,D,E
NEW QUESTION 49
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 plusChild, 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 - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
- B. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- C. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
- D. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
Answer: A
NEW QUESTION 50
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 Marriage event, evaluates the Dependent 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 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 51
Your customer wants to create anexplicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?
- A. On the CreateLife Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.
- B. On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.
- C. On the CreateLife Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
- D. On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
Answer: C
NEW QUESTION 52
The benefits administrator has configured five rates for five different legal entities. After implementation, an employeelogs 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 not configured for the employee's specific legal employer.
- B. The rate amount is of the unit of measure "Money".
- C. The rate amount "Assign on Enrollment" is enabled for five legal entities.
- D. The rate amount Is a variable rate for the employee's legal employer.
Answer: A
NEW QUESTION 53
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 cannot be achieved with configurations, and would require custom Fast Formula.
- B. This requirement can be achieved through customization only.
- C. This requirement cannot be achieved in the current system offerings.
- D. This requirement can be completely achieved with configuration only.
Answer: C
NEW QUESTION 54
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