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NEW QUESTION # 10
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 life event is detected.
- B. The employee is not eligible for the enrollment.
- C. No unrestricted event is available for the employee.
- D. No option is available for the plan for enrollment.
Answer: C
NEW QUESTION # 11
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, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
- A. December 28, 2016
- B. January 22, 2017
- C. January 15, 2017
- D. January 31, 2017
Answer: D
NEW QUESTION # 12
Plan Configuration, Evaluation and Reporting
- A. Overspending in flex credit shell plans
- B. Number of train stops on benefits enrollment page
- C. Tasks to prepare for open enrollment
- D. Valid type of life event
Answer: C
NEW QUESTION # 13
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. 0
- B. 1
- C. 2
- D. 32.5
Answer: D
NEW QUESTION # 14
Which two statements are true about Enrollment Authorizations?
- A. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- B. They appear several times if the participant enters self-service multiple times for a single life event.
- C. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
- D. They appear only the first time that the participant enters self-service enrollment for multiple life events.
- E. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
Answer: A,E
NEW QUESTION # 15
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?
- A. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
- B. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
- C. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
- D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
Answer: C
NEW QUESTION # 16
Which three are change opportunities an organization can implement during Open Enrollment?
- A. decline coverage
- B. Start new benefit offerings
- C. enroll in existing plans
- D. update rates
- E. modify plan configuration
Answer: A,D,E
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.html#FACMB1107266_2
NEW QUESTION # 17
XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?
- A. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event" as the enrollment period start date and the number field as 15.
- B. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.
- C. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
- D. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
- E. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
Answer: C
NEW QUESTION # 18
Optional, mandatory for participant
- A. Creation of enrollment results
- B. Enrollment authorization requirements
- C. Rate visibility issue
- D. Overspending in flex credit shell plans
Answer: B
NEW QUESTION # 19
Which two are program types when you configure Flex Credits?
- A. Flex
- B. Other Credits
- C. Flex Credits and Core
- D. Core
Answer: A,D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.html#FAIBF1085855_2
NEW QUESTION # 20
Which benefit object must be created prior to creating an option?
- A. Plan
- B. Rate
- C. Coverage
- D. Plan Type
Answer: A
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.html#FACMB307292
NEW QUESTION # 21
Can you change the column text of primary and secondary rates on the Benefit self-service page?
- A. No, a change option is not available in the Configure Grouping Display task.
- B. No, a change option is available in the Configure Grouping Display task, but it doesn,t allow a text change.
- C. Yes, a change option is available in the Enrollment Configuration task.
- D. Yes, a change option is available in the Configure Grouping Display task.
Answer: D
NEW QUESTION # 22
Which is NOT a derived factor type?
- A. Full-Time Equivalent
- B. Grade
- C. Hours Worked
- D. Compensation
Answer: B
Explanation:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5
NEW QUESTION # 23
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: D
NEW QUESTION # 24
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?
- A. Life events affect benefits processing for a participant.
- 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 plan,s availability for a program.
- D. Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object.
Answer: A,C
Explanation:
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm
NEW QUESTION # 25
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 configuration.
- C. This cannot be achieved.
- D. This can be achieved via customization only.
Answer: C
NEW QUESTION # 26
A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan.
What must the minimum and maximum plan limit be set at Plan Type level?
- A. Min = 1, Max = 2
- B. Min = 0, Max = 0
- C. Min = 1, Max - 1
- D. Min = 0, Max = 1
Answer: A
NEW QUESTION # 27
Which statement about configuring Designation Requirements is true?
- A. A plan must have multiple options for Designation Requirement to be configured.
- B. A plan must have the waive option for Designation Requirement to be configured.
- C. A Designation Requirement cannot be configured for a plan with no option.
- D. A Designation Requirement can be configured for a plan with no option.
Answer: A
NEW QUESTION # 28
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 as per the flex credit formula.
- C. Yes, you can define it in the standard rates.
- D. No, you do not have a place holder.
Answer: C
NEW QUESTION # 29
The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?
- A. The benefits admin has a login from the previous date to that of 03/15/2017.
- B. The life event date configured for XX Life Program is not 03/15/2017.
- C. A cycle has already run for open enrollment, so no life event date is available.
- D. There is no configuration for open enrollment for the XX Life Program.
Answer: D
NEW QUESTION # 30
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 options which do not require any dependent/beneficiary designation.
- C. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
Answer: C
NEW QUESTION # 31
When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?
- A. It is the date on which default benefits assignments are made.
- B. It is the last day of open enrollment period.
- C. It is the first day of the open enrollment period.
- D. It is the effective date of the open event and the date on which eligibility is evaluated.
Answer: B
NEW QUESTION # 32
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