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NEW QUESTION 1
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 MonthPrevious 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 2
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://docHYPERLINK "https://docs.oracle.com/en/cloud/saas/global-human-resources/r13- update17d/facmb/manage-benefits-processing-anduploads.
html#FACMB1259728"s.oracle.com/en/cloud/saas/global-human-resources/r13- update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728

NEW QUESTION 3
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 Rate Value
  • B. Standard Coverage Volume
  • C. Standard input Value
  • D. Standard wash Rule formula

Answer: C

NEW QUESTION 4
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2021.
2. Marriage detected on 1-Jun-2021. What do these statuses imply?

  • A. New Hire LE is complete but not close
  • B. Marriage LE is triggered but has not yet made elections.
  • C. New Hire l-E is complete and close
  • D. Marriage IE is triggered but has not yet made elections.
  • E. New Hire IF is complete and close
  • F. Marriage LE is triggered and has made elections.
  • G. New Hire LE is complete and close
  • H. Marriage LE is triggered because of the data change.

Answer: D

NEW QUESTION 5
Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?

  • A. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
  • B. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
  • C. Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.
  • D. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
  • E. Assign individuals to the benefit group using the Manage Person task in the Enrollment work are

Answer: C

NEW QUESTION 6
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 "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
  • 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 "Number of Days from the event” as the enrollment period start date and the number field as 15.
  • D. 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.
  • E. 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.

Answer: A

NEW QUESTION 7
Can you upload student and disability status for multiple persons at one time?

  • A. Yes, it can be accomplished through a benefit administrator task.
  • B. Yes, it can be accomplished by creating a benefit group.
  • C. Yes, it can be accomplished through the spreadsheet loader.
  • D. No, this option isn't availabl

Answer: C

NEW QUESTION 8
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 ou

Answer: CD

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

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
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 the eligibility 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 11
Which is NOT a derived factor type?

  • A. Hours Worked
  • B. Full-Time Equivalent
  • C. Compensation
  • D. Grade

Answer: D

Explanation:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5

NEW QUESTION 12
An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option's rate amount isn't displayed in the total summary section on the right side of the page.
Which is a reason for this problem?

  • A. The rate activity type for payroll information is configured as cost.
  • B. The rate activity type for payroll information is configured as employee contribution.
  • C. The rate is configured as secondary rate and not primary rate.
  • D. The rate is inactiv

Answer: D

NEW QUESTION 13
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/HYPERLINK "https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/programand- plan-creation.html#FACMB307292"program-and-plan-creation.html#FACMB307292

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 andparticipation 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 employe

Answer: C

NEW QUESTION 15
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:
1Z0-1017 dumps exhibit
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 an eligibility profile with age-derived factor
  • B. Attach it to the pla
  • C. 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.
  • E. Configure a fast formula calling this tabl
  • F. Configure a secondary standard rate with the calculation method as Formul
  • G. Then create another standard rate with type and the calculation method aS Multiple of Parent.
  • H. Configure a primary rate with the calculation method as Multiple of Coverag

Answer: D

NEW QUESTION 16
A company wants to display the following text on its Benefit Employee Self Service:
“Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase additional days through the.”
How do you configure this?

  • A. Configure plan type grouping display -> administration usage -> self-service description text
  • B. Configure plan type grouping display -> self-service usage -> self-service description text
  • C. Manage enrollment authorization -> administration usage -> self-service description text
  • D. Manage enrollment authorization -> self-service usage -> self-service description text

Answer: C

NEW QUESTION 17
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 18
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 19
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 20
Which two are correct processes regarding performing the Benefits Extract setup?

  • A. Configure plan carrier details and extract options using the Manage Plan Carriers task.
  • B. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
  • C. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
  • D. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
  • E. Extract benefits enrollment information into a single XML file for each plan carrier.

Answer: AE

Explanation:
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-dataextract. html#FAIHM1284833

NEW QUESTION 21
......

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