Oracle 1Z0-1017 Online Practice Questions and Exam Preparation

Oracle 1Z0-1017 Online Questions & Answers

• Question 11:

  The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

  A. The life event date configured for XX Life Program is not 15 March 2017
  B. There is no configuration for open enrollment for the XX Life Program.
  C. A cycle has already run for open enrollment, so no life event date is available.
  D. The benefits administrator has a login from the previous date to that March 20l7.
  D. The benefits administrator has a login from the previous date to that March 20l7.

• Question 12:

  A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

  A. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.
  B. The amount of deduction from employee pay check for enrollment is varied based on a life event.
  C. Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
  D. Life events affect benefits processing for a participant.
  C. Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
  D. Life events affect benefits processing for a participant.

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  https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm

• Question 13:

  A company offers a benefits plan to its employees that includes: 1) Health coverage plan for employee and family 2) Top up health coverage plan at extra premium 3) Life insurance plan for employee and family 4) In Network Dental Insurance plan 5) Out of network Dental insurance plan 6) Eye care plan How many plan types do you need to configure for this customer?

  A. 5
  B. 3
  C. 4
  D. 6
  B. 3

• Question 14:

  XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less. How do you define a benefit configuration for these two options?

  A. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan
  B. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
  C. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
  D. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
  D. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.

• Question 15:

  Which benefit object must be created prior to creating an option?

  A. Rate
  B. Plan Type
  C. Plan
  D. Coverage
  B. Plan Type

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  https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.

• Question 16:

  A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan. What must the minimum and maximum plan limit be set at Plan Type level?

  A. Min = 1, Max - 1
  B. Min = 1, Max = 2
  C. Min = 0, Max = 1
  D. Min = 0, Max = 0
  B. Min = 1, Max = 2

• Question 17:

  Which three are correct methods by which enrollment results can be created and made available for viewing?

  A. when a default enrollment is processed
  B. after the Evaluate Life Events batch process is completed successfully
  C. after the Close Enrollment process has completed
  D. when an electable choice is saved as a part of self-service enrollment
  E. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
  B. after the Evaluate Life Events batch process is completed successfully
  D. when an electable choice is saved as a part of self-service enrollment
  E. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment

• Question 18:

  A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator

  clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.

  Why did the collapsing rule fail?

  A. The number of proximity days was specified as 20.
  B. The number of proximity days was specified as 0.
  C. The life event had expired.
  D. The number of proximity days was specified as 15.
  D. The number of proximity days was specified as 15.

• Question 19:

  When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

  A. It is the effective date of the open event and the date on which eligibility is evaluated.
  B. It is the date on which default benefits assignments are made.
  C. It Is the last day of the open enrollment period.
  D. It is the first day of the open enrollment period.
  C. It Is the last day of the open enrollment period.

• Question 20:

  Which statement about configuring Designation Requirements is true?

  A. A Designation Requirement can be configured for a plan with no option.
  B. A plan must have multiple options for Designation Requirement to be configured.
  C. A plan must have the waive option for Designation Requirement to be configured.
  D. A Designation Requirement cannot be configured for a plan with no option.
  B. A plan must have multiple options for Designation Requirement to be configured.