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NEW QUESTION: 1
During the risk assessment process for a traditional indemnity group insurance health plan, group underwriters consider such characteristics as a group's geographic location, the size and gender mix of the group, and the level of participation in the group:
A. Healthcare costs are typically higher in rural areas than in large urban areas.
B. The morbidity rate for males is higher than the morbidity rate for females.
C. All of the above
D. The larger the group, the more likely it is that the group will experience losses similar to the average rate of loss that was predicted.
Answer: D

NEW QUESTION: 2
An installment for $1,000 USD is due for payment on January 10, 2016. The installment has two discounts:
the first discount date is December 5, 2015 for $150 USD and the second discount date is December 20,
2015 for $50 USD. The Pay Date Basis on the supplier site is Discount.
You submit a Payment Process Request with the following criteria:
Payment Date = December 5, 2015

Pay Through Date = December 25, 2015

Date Basis = Pay Date

Always Take Discount option is enabled

What will be the resulting status of the installment and discount?
A. The installment is selected and a discount of $50 USD (the second discount) is applied.
B. The installment is selected and a discount of $200 USD ($150 + $50) is applied.
C. The installment is selected and a discount of $150 USD is applied because the Always Take Discount option was enabled.
D. The installment is selected but no discount is applied because the payment date is after the discount dates.
E. The installment is not selected because the first discount date is before the Pay Through Date.
Answer: C
Explanation:
Explanation/Reference:
Discount Taken Amount is 150 USD. Although the Payment Date is after the discount dates, the first discount is taken because the option Always take discount is enabled.
References: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011879AN17393.htm

NEW QUESTION: 3

A. Option D
B. Option A
C. Option B
D. Option C
Answer: C