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NEW QUESTION 49
What rate is used for the flex credit program to adjust the total cost of the program?

A. Rollover RateB. Standard Secondary RateC. Standard Rollover RateD. Standard Primary Rate

Answer: A

 

NEW QUESTION 50
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. They appear only the first time that the participant enters self-service enrollment for multiple life events.C. They are optional to implement. If implemented, performing the authorization task is optional for the participant.D. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.E. They appear several times if the participant enters self-service multiple times for a single life event.

Answer: B,C

 

NEW QUESTION 51
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

A. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.B. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.C. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.D. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

Answer: A

 

NEW QUESTION 52
Can you define overspending of a budget pool in flex credit shell plans?

A. Yes, you can define it in the standard rates.B. Yes, you can define it as per the flex credit formula.C. Yes, you can define it in the spending options.D. No, you do not have a place holder.

Answer: C

 

NEW QUESTION 53
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 with configurations, and would require custom Fast Formula.B. This requirement can be achieved through customization only.C. This requirement can be completely achieved with configuration only.D. This requirement cannot be achieved in the current system offerings.

Answer: D

 

NEW QUESTION 54
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