Question 1

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?

Options :

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

Question 2

The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

Options :

A : The life event date configured for XX Life Program is not 15 March 2017

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

Question 3

How do you set up a Termination life event to end coverage at the end of the month?

Options :

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

Question 4

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

Options :

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: B

Question 5

A company offers its employees a choice of four plans within a health insurance plan type. However, thecompany wants to compulsorily enroll an employee into one plan.What must the minimum and maximum plan limit be set at Plan Type level?

Options :

A : Min = 1, Max - 1

B : Min = 1, Max = 2

C : Min = 0, Max = 1

D : Min = 0, Max = 0

Answer: B

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