Oracle 1Z0-1017 Online Practice Questions and Exam Preparation

Oracle 1Z0-1017 Online Questions & Answers

• Question 21:

  What rate is used for the flex credit program to adjust the total cost of the program?

  A. Standard Primary Rate
  B. Standard Rollover Rate
  C. Rollover Rate
  D. Standard Secondary Rate
  C. Rollover Rate

• Question 22:

  Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?

  A. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
  B. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
  C. Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.
  D. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
  E. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
  B. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,

• Question 23:

  Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?

  A. Associate the life events with only flexible benefit programs.
  B. Associate the life events only with benefit plans which are not in a program.
  C. Associate the life events only with benefit plans which are in a program.
  D. Associate the life events with benefit plans or program.
  E. Associate the life events only with Core benefit programs.
  D. Associate the life events with benefit plans or program.

• Question 24:

  Which statement about Waive options is true?

  A. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
  B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
  C. Waive options are options which do not require any dependent/beneficiary designation.
  D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
  B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

• Question 25:

  This is the configuration of a collapsing life event rule: Life event = Marriage and Dependent Operator = AND Resulting Event Name = Dependent Life Event Occurred Date = Earliest Life Event Occurred Date Proximity Days = 0 You run the collapsing rule in the scenario:

  1.

  Marriage event occurs on August 1, 2015.

  2.

  Dependent event occurs on August 1, 2015. What is the result?

  A. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
  B. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
  C. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
  D. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
  A. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.

• Question 26:

  How do you set up a Termination life event to end coverage at the end of the month?

  A. Coverage and Rate Date Ranges: Coverage Start Date: End of the Month Previous Coverage End Date: First of the Next Month
  B. Coverage and Rate Date Ranges: Coverage Start Date: First of the Month Previous Coverage End Date: End of the Month
  C. Coverage and Rate Date Ranges: Coverage Start Date: First of the Next Month Previous Coverage End Date: End of the Month
  D. Coverage and Pate Date Ranges: Coverage Start Date: End of the Month Previous Coverage End Date: End of the Month
  C. Coverage and Rate Date Ranges: Coverage Start Date: First of the Next Month Previous Coverage End Date: End of the Month

• Question 27:

  A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:

  1.

  Address Change life event status: Detected

  2.

  New Hire life event: Manual What does this status signify?

  A. A New Hire life event was manually selected. An Address Change event was triggered for the person and participation evaluation processing was evaluated.
  B. A New Hire life event was manually selected. An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.
  C. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.
  D. A New Hire life event was manually selected. An Address Change event is yet to be triggered and processed for, the employee.
  C. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.

• Question 28:

  A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?

  A. as of rate start date
  B. as of coverage start date
  C. as of event start date
  D. as of enrollment start date
  C. as of event start date

• Question 29:

  Which two statements are correct with respect to required action in the eligibility profile?

  A. If all profiles are requited, then at least one of the profiles must be satisfied.
  B. If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
  C. If all profiles are optional, then at least one of the profiles must be satisfied.
  D. If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.
  D. If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.

• Question 30:

  What are the different types of open enrollment options available under Scheduled tab in program?

  A. Open All and Unrestricted All
  B. Open Scheduled and Unrestricted Scheduled
  C. Open New Hire Enrollment and Unrestricted New Hire Enrollment
  D. Open Enrollment and Open Unrestricted Enrollment
  C. Open New Hire Enrollment and Unrestricted New Hire Enrollment