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NEW QUESTION 29
What rate is used for the flex credit program to adjust the total cost of the program?

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

Answer: D

 

NEW QUESTION 30
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

A. The life event was configured for another date.B. The life event date was different.C. The life event reinstatement rule was configured.D. The life event was not backed out properly.

Answer: C

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

 

NEW QUESTION 31
How do you set up a Termination life event to end coverage at the end of the month?

A. Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the MonthB. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the MonthC. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the MonthD. Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month

Answer: C

 

NEW QUESTION 32
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. An intervening life event backed out the open event.C. The intervening life event activated the open event.D. The open event was accidentally backed out.

Answer: B,D

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

 

NEW QUESTION 33
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