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NEW QUESTION 12
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 13
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 Benefits Self-Service.
- C. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
- D. Run the Person Enrollment Summary Report from Benefits Self Service.
- 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 14
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,
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 period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- 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 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.
- 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: C
NEW QUESTION 15
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 Coverage Volume
- B. Standard Rate Value
- C. Standard wash Rule formula
- D. Standard input Value
Answer: D
NEW QUESTION 16
Which two are correct processes regarding performing the Benefits Extract setup?
- A. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
- B. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
- C. Extract benefits enrollment information into a single XML file for each plan carrier.
- D. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
- E. Configure plan carrier details and extract options using the Manage Plan Carriers task.
Answer: C,E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FAI
NEW QUESTION 17
Which is NOT a derived factor type?
- A. Hours Worked
- B. Full-Time Equivalent
- C. Compensation
- D. Grade
Answer: D
Explanation:
Explanation
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5
NEW QUESTION 18
Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?
- A. Associate the life events only with benefit plans which are in a program.
- B. Associate the life events only with Core benefit programs.
- C. Associate the life events only with benefit plans which are not in a program.
- D. Associate the life events with benefit plans or program.
- E. Associate the life events with only flexible benefit programs.
Answer: D
NEW QUESTION 19
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 future temporal events" as the Temporal Detection Rule.
- B. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
- C. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
- D. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
- E. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
Answer: A
NEW QUESTION 20
To which two benefits objects can Year Period be attached to?
- A. Option
- B. Plan
- C. Program
- D. Plan Type
Answer: A,D
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm
NEW QUESTION 21
Can you upload student and disability status for multiple persons at one time?
- A. Yes, it can be accomplished through the spreadsheet loader.
- B. Yes, it can be accomplished by creating a benefit group.
- C. No, this option isn't available.
- D. Yes, it can be accomplished through a benefit administrator task.
Answer: A
NEW QUESTION 22
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 LE is complete and closed. Marriage LE is triggered because of the data change.
- B. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
- C. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
- D. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
Answer: A
NEW QUESTION 23
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 24
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. 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 configured an eligibility fast formula
- B. They should have created an Option 3: Coverage Declined.
- C. They should not have enabled the Assign on Default button for the options.
- D. They should have enabled a plan restriction fast formula.
Answer: D
NEW QUESTION 25
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 26
Which is NOT a valid type of life event?
- A. Unrestricted
- B. Scheduled
- C. Restricted
- D. Temporal
- E. Explicit
Answer: C
Explanation:
Explanation
https://docs.oracle.com/cloud/farel12/globalcs_gs/FACMB/FACMB1479189.htm#FACMB1229710
NEW QUESTION 27
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 = 0, Max = 1
- C. Min = 0, Max = 0
- D. Min = 1, Max = 2
Answer: D
NEW QUESTION 28
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 Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
- B. The collapsing rule voids 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 runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
Answer: B
NEW QUESTION 29
Can you define overspending of a budget pool in flex credit shell plans?
- A. Yes, you can define it as per the flex credit formula.
- B. Yes, you can define it in the standard rates.
- C. Yes, you can define it in the spending options.
- D. No, you do not have a place holder.
Answer: C
NEW QUESTION 30
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