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| Section | Objectives |
|---|---|
| Fast Formulas and Rules | - Configuration of Fast Formulas
|
| Benefits Cloud Setup and Configuration | - Implementation Setup
|
| Benefits Administration | - Life Events Processing
|
| Security and Troubleshooting | - Security Configuration
|
| Integration and Reporting | - Data Integration
|
| Eligibility and Enrollment | - Enrollment Processes
|
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?
A) This requirement cannot be achieved in the current system offerings.
B) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
C) This requirement can be achieved through customization only.
D) This requirement can be completely achieved with configuration only.
2. Hours Worked, Full-Time Equivalent, Compensation
A) Valid type of life event
B) Creation of enrollment results
C) Rate visibility issue
D) Derived factor types
3. Can be defined in spending options
A) Tasks to prepare for open enrollment
B) Valid type of life event
C) Overspending in flex credit shell plans
D) Rate visibility issue
4. 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 = 0
C) Min = 0, Max = 1
D) Min = 1, Max = 2
5. January 31, 2017
A) Tasks to prepare for open enrollment
B) Valid type of life event
C) Overspending in flex credit shell plans
D) Coverage start date for employee
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: D |
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