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Guidewire ClaimCenter Professional Exam featuring
accurate and verified questions covering core claims
handling processes, system configuration, data model,
user interface customization, workflow design, and
integration capabilities within the ClaimCenter
platform.
Why are there two transactions for final payments that do not
exceed the reserve line? - ANSWER-The firs transaction is the
payment to the claimant(s), the second transaction is to zero out
the reserve line
How many CHECKS are created when the payment wizard is
used 1 time to pay 3 people? - ANSWER-Three, each payee has
a separate check (unless there are joint payees)
How many CHECK SETS are created when the payment wizard
is used 1 time to pay 3 people? - ANSWER-One, one checkset
per use of the payment wizard
How many PAYMENT TRANSACTIONS are created when the
payment wizard is used 1 time to pay 3 people? - ANSWER-
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Unable to determine, the number of transactions is not tied to the
number of payees
Does a transaction require approval if it is NOT flagged by the
transaction approval rules but exceeds the users authority limits?
- ANSWER-Yes
Does a transaction require approval if it does NOT exceed the
users authority limits but is flagged by the transaction approval
rules? - ANSWER-Yes
Does a transaction require approval if it does exceed the users
authority limits and is flagged by the transaction approval rules?
- ANSWER-Yes
An authority limit consist of criteria and an amount. What three
values can optionally be specified to create the condition? -
ANSWER-1. Payment type
2. coverage type
3. cost type
What two things does CC do when it determines that a
transaction requires approval? - ANSWER-Create and assigns
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an approval activity to the supervisor, sets the payment status as
pending approval
If you reset the value that caused the CIQ (coverage in
question), is the CIQ removed? - ANSWER-No. only a
supervisor or a user with the right permissions can remove it
What is constrained if a policy is under financial holds? -
ANSWER-Cost type payments, expense payments can be made
What are some conditions that result in CIQ? - ANSWER-- Loss
date is before policy effective date
- Loss date is after policy expiration date
- The policy status is anything but in force or archived
What are some conditions that cause an unverified policy? -
ANSWER-- The policy is created in CC
- the policy is edited in CC
What claim condition prevents any type of payment against an
exposure? - ANSWER-Maturity level (when claim is not at
ability to pay)
Guidewire ClaimCenter Professional Exam featuring
accurate and verified questions covering core claims
handling processes, system configuration, data model,
user interface customization, workflow design, and
integration capabilities within the ClaimCenter
platform.
Why are there two transactions for final payments that do not
exceed the reserve line? - ANSWER-The firs transaction is the
payment to the claimant(s), the second transaction is to zero out
the reserve line
How many CHECKS are created when the payment wizard is
used 1 time to pay 3 people? - ANSWER-Three, each payee has
a separate check (unless there are joint payees)
How many CHECK SETS are created when the payment wizard
is used 1 time to pay 3 people? - ANSWER-One, one checkset
per use of the payment wizard
How many PAYMENT TRANSACTIONS are created when the
payment wizard is used 1 time to pay 3 people? - ANSWER-
,2|Page
Unable to determine, the number of transactions is not tied to the
number of payees
Does a transaction require approval if it is NOT flagged by the
transaction approval rules but exceeds the users authority limits?
- ANSWER-Yes
Does a transaction require approval if it does NOT exceed the
users authority limits but is flagged by the transaction approval
rules? - ANSWER-Yes
Does a transaction require approval if it does exceed the users
authority limits and is flagged by the transaction approval rules?
- ANSWER-Yes
An authority limit consist of criteria and an amount. What three
values can optionally be specified to create the condition? -
ANSWER-1. Payment type
2. coverage type
3. cost type
What two things does CC do when it determines that a
transaction requires approval? - ANSWER-Create and assigns
, 3|Page
an approval activity to the supervisor, sets the payment status as
pending approval
If you reset the value that caused the CIQ (coverage in
question), is the CIQ removed? - ANSWER-No. only a
supervisor or a user with the right permissions can remove it
What is constrained if a policy is under financial holds? -
ANSWER-Cost type payments, expense payments can be made
What are some conditions that result in CIQ? - ANSWER-- Loss
date is before policy effective date
- Loss date is after policy expiration date
- The policy status is anything but in force or archived
What are some conditions that cause an unverified policy? -
ANSWER-- The policy is created in CC
- the policy is edited in CC
What claim condition prevents any type of payment against an
exposure? - ANSWER-Maturity level (when claim is not at
ability to pay)
