Oracle 1Z0-1017 Online Practice Questions and Exam Preparation

Oracle 1Z0-1017 Online Questions & Answers

• Question 41:

  A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.

  The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D.

  There are 26 payroll periods in the plan's year period.

  What is the communicated rate value?

  A. 40
  B. 130
  C. 32.5
  D. 30
  D. 30

• Question 42:

  Can you define overspending of a budget pool in flex credit shell plans?

  A. Yes, you can define it in the spending options.
  B. Yes, you can define it in the standard rates.
  C. Yes, you can define it as per the flex credit formula.
  D. No, you do not have a place holder.
  A. Yes, you can define it in the spending options.

• Question 43:

  Which object is NOT included in benefit export?

  A. Eligibility profile
  B. Program configuration
  C. Plan not in program configuration
  D. Element input values
  D. Element input values

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  https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-expor

• Question 44:

  Which is NOT a valid type of life event?

  A. Explicit
  B. Temporal
  C. Scheduled
  D. Unrestricted
  E. Restricted
  E. Restricted

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  https://docs.oracle.com/cloud/farel12/globalcs_gs/FACMB/FACMB1479189.htm#FACMB1229710

• Question 45:

  Which two are correct processes regarding performing the Benefits Extract setup?

  A. Configure plan carrier details and extract options using the Manage Plan Carriers task.
  B. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
  C. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
  D. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
  E. Extract benefits enrollment information into a single XML file for each plan carrier.
  A. Configure plan carrier details and extract options using the Manage Plan Carriers task.
  E. Extract benefits enrollment information into a single XML file for each plan carrier.

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  https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FA

• Question 46:

  Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

  A. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
  B. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
  C. All plans can be configured at the plan level.
  D. All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
  B. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.

• Question 47:

  An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:

  1) Enrollment Period Start Date - January 1, 201/

  2) Enrollment Period End Date - January 31, 2017

  3) Assign Defaults Date - January 31, 2017

  4) Assigned Life Event Date - January 15, 2017

  5) Coverage Start Date - Latest of elections, event or notified

  The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.

  What is the coverage start date for this employee?

  A. January 15, 2017
  B. December 28, 2016
  C. January 31, 2017
  D. January 22, 2017
  C. January 31, 2017

• Question 48:

  How do you configure the link between the payroll module and benefits?

  A. Link the element to the plan rate.
  B. Link the element to the plan coverage.
  C. Link the payroll to the plan salary basis.
  D. Link the payroll to the plan coverage.
  A. Link the element to the plan rate.

• Question 49:

  A Global Dental Plan has the following options attached to it:

  Option 1: Employee Only

  Option 2: Employee Plus Spouse

  Option 3: Employee Plus Spouse Plus Children

  The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23,

  2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.

  How can you configure this scenario for the company?

  A. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
  B. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
  C. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
  D. Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
  B. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.

• Question 50:

  The company has the following two plans:

  1.

  Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family

  2.

  Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child

  The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.

  Which is the correct configuration for this scenario?

  A. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
  B. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
  C. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
  D. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried
  E. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
  D. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried