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NEW QUESTION 45 An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are: 1) Enrollment Period Start Date - January 1, 201/ 2) Enrollment Period End Date - January 31, 2017 3) Assign Defaults Date - January 31, 2017 4) Assigned Life Event Date - January 15, 2017 5) Coverage Start Date - Latest of elections, event or notified The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017. What is the coverage start date for this employee?

• A. January 22, 2017
• B. December 28, 2016
• C. January 31, 2017
• D. January 15, 2017

Answer: C   NEW QUESTION 46 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 individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
• B. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
• C. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
• D. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
• E. Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.

Answer: E   NEW QUESTION 47 Which two are program types when you configure Flex Credits?

• A. Flex Credits and Core
• B. Core
• C. Flex
• D. Other Credits

Answer: A,B Explanation: https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.html#FAIBF1085855_2   NEW QUESTION 48 Which two statements are true about Enrollment Authorizations?

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

Answer: D,E   NEW QUESTION 49 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. The open event was accidentally backed out.
• D. An intervening life event backed out the open event.

Answer: C,D Explanation: https://docs.oracle.com/cd/E5136701/globalopgs/FACMB/F1420689AN14307.htm   NEW QUESTION 50 ...... BTW, DOWNLOAD part of Prep4SureReview 1z0-1053-22 dumps from Cloud Storage: https://drive.google.com/open?id=18rD1xlcum8myy67fY-zcAY2dQbyvCU