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NEW QUESTION # 28
How do you set up a Termination life event to end coverage at the end of the month?
Answer: D
NEW QUESTION # 29
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?
Answer: B
NEW QUESTION # 30
Which benefit object must be created prior to creating an option?
Answer: C
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.html#FACMB307292
NEW QUESTION # 31
What are the different types of open enrollment options available under Scheduled tab in program?
Answer: C
NEW QUESTION # 32
Which statement about Waive options is true?
Answer: A
NEW QUESTION # 33
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