Online 1D0-1053-24-D Practice Test

Question 1

This is the configuration of a collapsing life event rule:

Life event = Marriage & Dependent

Operator = AND

Resulting Event Name = Dependent

Life Event Occurred Date = Earliest Life Event Occurred Date

Proximity Days = 0

You run the collapsing rule in the scenario:

1. Marriage event occurs on August 1, 2015.

2. Dependent event occurs on August 1, 2015.

What is the result?

Options :

A : The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.

B : The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.

C : The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.

D : The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.

Answer: A

Question 2

The reinstatement rule enables you to restore elections during which two events?

Options :

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 : An intervening life event backed out the open event.

D : The open event was accidentally backed out.

Answer: C,D

Question 3

Which is NOT a valid type of life event?

Options :

A : Explicit

B : Temporal

C : Scheduled

D : Unrestricted

E : Restricted

Answer: A

Question 4

XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less. How do you define a benefit configuration for these two options?

Options :

A : Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan

B : Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.

C : Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.

D : Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.

Answer: D

Question 5

Can you change the column text of primary and secondary rates on the Benefit self-service page?

Options :

A : No, a change option is not available in the Configure Grouping Display task.

B : Yes, a change option is available in the Enrollment Configuration task.

C : Yes, a change option is available in the Configure Grouping Display task.

D : No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.

Answer: C

EXPERTY DESIGNED 1D0-1053-24-D PRACTICE TEST