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Guidewire Policy Center Professional Exam Questions With Revised Correct Answers < Combined Latest Update>

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Guidewire Policy Center Professional Exam Questions With Revised Correct Answers &lt; Combined Latest Update&gt; What two things does CC do when it determines that a transaction requires approval? - ANSWER Create and assigns an approval activity to the supervisor, sets the paymen...

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  • September 11, 2024
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  • 2024/2025
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EWLindy
Guidewire Policy Center
Professional Exam Questions
With Revised Correct Answers
< Combined Latest Update>


What two things does CC do when it determines that a
transaction requires approval? - ANSWER Create and
assigns 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)


How many claims can a contact be associated with if the
contact only exists in CC? - ANSWER One, If a contact is on
multiple claims, they will be a separate contact on each


How can you tell if a contact is lined and or in sync? - ANSWER
You can select the contact in 'parties involved' and it will
tell you the status on the basics screen


What is the purpose of the contact role? - ANSWER
Identifies the relationship that the contact has with the claim

, Is it common or uncommon to have a contact that exists only
in CC? Only in CM? - ANSWER Common, uncommon -
Primary purpose of adding contacts in the address book is to
have them associated with claims


If Tire Town is in the address book and is associated with three
claims, how many contacts have the name Tire Town? -
ANSWER four, one for each claim in CC and one for the
entry in CM


What is one of the benefits or advantages of defining services
for a vendor? - ANSWER Enables better search capability
from CC


What is the system of record for vendors? - ANSWER CM


What happens when a vendor manager adds documents to a
vendor that has a role on a claim? - ANSWER Those
documents become available on that claim


What happens when a newly created vendor contact is
approved in CM? - ANSWER A notification is sent to CC,
vendor will show as in sync with CM

, What differentiates CC vendor contacts from CC non-vendor
contacts? - ANSWER In CC, vendor contacts that are edited
require approval from a vendor manager on the CM side


What is a shared contact? - ANSWER A contact that exists
in CC and CM


When can an invoice be automatically paid? - ANSWER
When an invoice is entered for a service that is marked
complete and there is a reserve line that CC can match the
service to


What is one thing that will prevent a service from being
marked completed? - ANSWER If a service is quote and
perform service, it cannot be marked complete without a quote
being received and approved


can two different claims that use the same security profile can
have two completely different access control lists? - ANSWER
Yes, The security profile generates a list of users based on
the criteria, the users who meet the criteria vary from claim to
claim

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