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1. XX Lifeinsurance 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 one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
B) Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan
C) Create one derived factor. Create an eligibility profileand configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
D) Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
2. 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 wash Rule formula
D) Standard input Value
3. Which three are correct methods by which enrollment results can be created and made available for viewing?
A) after the Close Enrollment process hascompleted
B) when an electable choice is saved as a part of self-service enrollment
C) when a default enrollment is processed
D) after the Evaluate Life Events batch process is completed successfully
E) when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
4. A company wantsto 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) Manage enrollment authorization -> self-service usage -> self-service description text
B) Manage enrollment authorization -> administration usage -> self-service description text
C) Configure plan type grouping display -> self-service usage -> self-service description text
D) Configure plan type grouping display -> administration usage -> self-service description text
5. Yourcustomer 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 "Never detect Past or future temporal events" as the Temporal Detection Rule.
B) On the life event creation page, select "Do not detect past temporal events"as the Temporal Detection Rule.
C) On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
D) On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
E) On the life event creation page, select "Do not detect future temporal events" as the Temporal DetectionRule.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B,D,E | Question # 4 Answer: B | Question # 5 Answer: E |
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