Oracle 1Z0-1017 Online Practice Questions and Exam Preparation

Oracle 1Z0-1017 Online Questions & Answers

• Question 1:

  Which three areas contain tasks to prepare for an open enrollment period?

  A. Person Management work area
  B. Plan Configuration work area
  C. Evaluation and Reporting work areas
  D. Payroll Calculation work area
  E. Enrollment and My Information work areas
  B. Plan Configuration work area
  C. Evaluation and Reporting work areas
  E. Enrollment and My Information work areas

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  https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollmen

• Question 2:

  Which three are change opportunities an organization can implement during Open Enrollment?

  A. decline coverage
  B. enroll in existing plans
  C. Start new benefit offerings
  D. modify plan configuration
  E. update rates
  A. decline coverage
  D. modify plan configuration
  E. update rates

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  https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.ht

• Question 3:

  An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

  A. No life event is detected.
  B. No option is available for the plan for enrollment.
  C. No unrestricted event is available for the employee.
  D. The employee is not eligible for the enrollment.
  C. No unrestricted event is available for the employee.

• Question 4:

  Can you upload student and disability status for multiple persons at one time?

  A. Yes, it can be accomplished through a benefit administrator task.
  B. Yes, it can be accomplished by creating a benefit group.
  C. Yes, it can be accomplished through the spreadsheet loader.
  D. No, this option isn't available.
  C. Yes, it can be accomplished through the spreadsheet loader.

• Question 5:

  You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

  

  A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage*

  [{Rate applied as per gender/smoking status/ aqe)/1000l).

  How can you configure a rate for the company's plan?

  A. Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
  B. Configure a secondary rate with the calculation method as Multiple of Coverage.
  C. Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
  D. Configure a primary rate with the calculation method as Multiple of Coverage.
  D. Configure a primary rate with the calculation method as Multiple of Coverage.

• Question 6:

  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?

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

• Question 7:

  Which two are program types when you configure Flex Credits?

  A. Other Credits
  B. Core
  C. Flex
  D. Flex Credits and Core
  B. Core
  D. Flex Credits and Core

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  https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.htm

• Question 8:

  Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice. How do you accomplish this requirement?

  A. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
  B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
  C. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
  D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
  E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
  B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.

• Question 9:

  An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum %. However, the distribution should be in multiples . Which statement about this requirement is true?

  A. This requirement can be achieved through customization only.
  B. This requirement can be completely achieved with configuration only.
  C. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
  D. This requirement cannot be achieved in the current system offerings.
  D. This requirement cannot be achieved in the current system offerings.

• Question 10:

  The reinstatement rule enables you to restore elections during which two events?

  A. The open event was backed out by the administrator from the Benefits Service Center.
  B. The intervening life event activated the open event.
  C. An intervening life event backed out the open event.
  D. The open event was accidentally backed out.
  C. An intervening life event backed out the open event.
  D. The open event was accidentally backed out.

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  https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm