Online 1Z0-1053-24 Practice Test

Question 1

The benefits administrator has configured five rates for five different legal entities. After implementation, an

employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate

amount to the plan under the rate section.

Why can't the employee see the assigned rate amount?

Options :

A : The rate amount Is a variable rate for the employee-s legal employer.

B : The rate amount is of the unit of measure "Money".

C : The rate amount is not configured for the employee-s specific legal employer.

D : The rate amount "Assign on Enrollment" is enabled for five legal entities.

Answer: C

Question 2

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

Options :

A : Coverage and Rate Date Ranges:

Coverage Start Date: End of the Month

Previous Coverage End Date: First of the Next Month

B :

Coverage and Rate Date Ranges:

Coverage Start Date: First of the Month

Previous Coverage End Date: End of the Month

C :

Coverage and Rate Date Ranges:

Coverage Start Date: First of the Next Month

Previous Coverage End Date: End of the Month

D :

Coverage and Pate Date Ranges:

Coverage Start Date: End of the Month

Previous Coverage End Date: End of the Month

Answer: C

Question 3

A Global Dental Plan has the following options attached to it:

Option 1: Employee Only

Option 2: Employee Plus Spouse

Option 3: Employee Plus Spouse Plus Children

The company wants an employee to select only one option which will be restricted for two years. After two

/ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee

was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i,

2017 as the plan is restricted.

How can you configure this scenario for the company?

Options :

A : Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.

B : Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.

C : Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.

D : Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.

Answer: B

Question 4

The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

Options :

A : The life event date configured for XX Life Program is not 15 March 2017

B : There is no configuration for open enrollment for the XX Life Program.

C : A cycle has already run for open enrollment, so no life event date is available.

D : The benefits administrator has a login from the previous date to that of 15 March 20l7.

Answer: D

Question 5

Which two statements are true about Enrollment Authorizations?

Options :

A : They appear several times if the participant enters self-service multiple times for a single life event.

B : If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.

C : They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.

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: A,D

EXPERTY DESIGNED 1Z0-1053-24 PRACTICE TEST