NEW QUESTION 1
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 2
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/program-and-plan-creation.

NEW QUESTION 3
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 4
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 5
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 6
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

• A. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.
• 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 person's eligibility for the object.
• D. Life events affect benefits processing for a participant.

Answer: CD

Explanation:
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm

NEW QUESTION 7
To which two benefits objects can Year Period be attached to?

• A. Program
• B. Plan Type
• C. Plan
• D. Option

Answer: BD

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm

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 out.

Answer: CD

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

NEW QUESTION 9
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 10
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 11
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 customization only.
• C. This can be achieved via configuration.
• D. This cannot be achieved.

Answer: C

NEW QUESTION 12
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

• A. The life event date was different.
• B. The life event was not backed out properly.
• C. The life event reinstatement rule was configured.
• D. The life event was configured for another date.

Answer: C

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

NEW QUESTION 13
Which two statements are true about Enrollment Authorizations?

• A. They appear several times if the participant enters self-service multiple times for a single life event.
• B. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
• C. They are optional to Implemen
• D. If implemented, performing the authorization task is mandatory for the participant.
• E. They appear only the first time that the participant enters self-service enrollment for multiple life events.
• F. They are optional to implemen
• G. If implemented, performing the authorization task is optional for the participant.

Answer: DE

NEW QUESTION 14
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 15
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 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
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 18
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 used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
• C. Waive options are options which do not require any dependent/beneficiary designation.
• D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Answer: B

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 past temporal events" as the Temporal Detection Rule.
• B. On the life event creation page, select "Never detect this temporal life event" as the Temporal DetectionRule.
• C. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
• D. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
• E. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.

Answer: C

NEW QUESTION 20
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. 40
• B. 130
• C. 32.5
• D. 30

Answer: D

NEW QUESTION 21
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