Question

An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.

A) This requirement can be completely achieved with Configuration only.
B) This requirement cannot be achieved with configurations, and would require custom formula.
C) this requirement cannot be achieved through customization only.
D) This requirement cannon be achieved in the current system offerings

Answer 1

The organization can achieve the requirement of restricting Beneficiary Distributions to a maximum of 100% and in multiples of 10% by configuring the system.

Step-by-step explanation:

This requirement can be completely achieved with Configuration only. The organization can set a maximum limit of 100% for the Beneficiary Distributions and specify that the distribution should be in multiples of 10%. By configuring the system to enforce these rules, any distribution amount outside of the specified limits will be rejected. For example, if a beneficiary requests a distribution of 120%, the system will not allow it as it exceeds the maximum limit of 100%. Similarly, if a beneficiary requests a distribution of 85%, the system will reject it since it is not a multiple of 10%.