NEW QUESTION 1
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 2
Which statement about configuring Designation Requirements is true?

• A. A Designation Requirement can be configured for a plan with no option.
• B. A plan must have multiple options for Designation Requirement to be configured.
• C. A plan must have the waive option for Designation Requirement to be configured.
• D. A Designation Requirement cannot be configured for a plan with no option.

Answer: B

NEW QUESTION 3
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 4
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 5
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 6
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 - 1
• B. Min = 1, Max = 2
• C. Min = 0, Max = 1
• D. Min = 0, Max = 0

Answer: B

NEW QUESTION 7
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 8
How do you configure the link between the payroll module and benefits?

• A. Link the element to the plan rate.
• B. Link the element to the plan coverage.
• C. Link the payroll to the plan salary basis.
• D. Link the payroll to the plan coverage.

Answer: A

NEW QUESTION 9
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 10
What are the different types of open enrollment options available under Scheduled tab in program?

• A. Open All and Unrestricted All
• B. Open Scheduled and Unrestricted Scheduled
• C. Open New Hire Enrollment and Unrestricted New Hire Enrollment
• D. Open Enrollment and Open Unrestricted Enrollment

Answer: C

NEW QUESTION 11
A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

• A. Create a default life event for this task XX Admin Life even
• B. Create a benefit group listing all the executive
• C. Create an eligibility profile with this group and attach it to the progra
• D. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
• E. Create a default life event for this task XX Admin Life even
• F. Create a separate-eligibility profil
• G. Then enroll the first of executives into a sample data and send the summary reports to the company.
• H. Create a default life event for this task XX Admin Life even
• I. Attach it to the Pla
• J. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
• K. Create a default life event for this I ask XX Admin Life even
• L. Create a benefit group listing all the executive
• M. Create an eligibility profile with this group and attach it to all the plan
• N. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Answer: C

NEW QUESTION 12
When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

• A. It is the effective date of the open event and the date on which eligibility is evaluated.
• B. It is the date on which default benefits assignments are made.
• C. It Is the last day of the open enrollment period.
• D. It is the first day of the open enrollment period.

Answer: C

NEW QUESTION 13
Which two statements are correct with respect to required action in the eligibility profile?

• A. If all profiles are requited, then at least one of the profiles must be satisfied.
• B. If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
• C. If all profiles are optional, then at least one of the profiles must be satisfied.
• D. 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.

Answer: D

NEW QUESTION 14
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 15
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: End of the MonthPrevious Coverage End Date: First of the Next Month
• B. Coverage and Rate Date Ranges: Coverage Start Date: First of the MonthPrevious Coverage End Date: End of the Month
• C. Coverage and Rate Date Ranges:Coverage Start Date: First of the Next Month Previous Coverage End Date: End of the Month
• D. Coverage and Pate Date Ranges: Coverage Start Date: End of the MonthPrevious Coverage End Date: End of the Month

Answer: C

NEW QUESTION 16
Which is NOT a valid type of life event?

• A. Explicit
• B. Temporal
• C. Scheduled
• D. Unrestricted
• E. Restricted

Answer: E

Explanation:
https://docs.oracle.com/cloud/farel12/globalcs_gs/FACMB/FACMB1479189.htm#FACMB1229710

NEW QUESTION 17
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 18
A benefits consultant implemented a plan for life insurance with the following options:
Option 1: Employee only
Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

• A. They should have created an Option 3: Coverage Declined.
• B. They should not have enabled the Assign on Default button for the options.
• C. They should have configured an eligibility fast formula
• D. They should have enabled a plan restriction fast formula.

Answer: D

NEW QUESTION 19
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 20
A plan is created for a calendar year from January 1, 2021 and ends on December 31, 2021. 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 event start date
• D. as of enrollment start date

Answer: C

NEW QUESTION 21
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 22
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. 5
• B. 3
• C. 4
• D. 6

Answer: B

NEW QUESTION 23
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 Person Enrollment Summary Report from the Enrollment work area.
• B. Run the Enrollment Kit Report from the Benefits Enrollment work area.
• C. Run the Person Enrollment Summary Report from Benefits Self Service.
• D. Run the Enrollment Kit Report from Benefits Self-Service.
• E. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.

Answer: B

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processin

NEW QUESTION 24
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. No option is available for the plan for enrollment.
• C. No unrestricted event is available for the employee.
• D. The employee is not eligible for the enrollment.

Answer: C

NEW QUESTION 25
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 26
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