1z0-1017 Exam - Oracle Benefits Cloud 2018 Implementation Essentials

NEW QUESTION 1
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

Answer: B

NEW QUESTION 2
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 availabl

Answer: C

NEW QUESTION 3
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.
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 offering

Answer: D

NEW QUESTION 4
A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2021. Since there were two more life events in the detected phase as of August 15, 2021, 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.

Answer: D

NEW QUESTION 5
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?

• A. Run the Person Enrollment Summary Report from the Enrollment work area.
• B. Run the Enrollment Kit Report from the Benefits Enrollment work area.
• C. Run the Person Enrollment Summary Report from Benefits Self Service.
• D. Run the Enrollment Kit Report from Benefits Self-Service.
• E. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.

Answer: B

Explanation: https://docHYPERLINK "https://docs.oracle.com/en/cloud/saas/global-human-resources/r13- update17d/facmb/manage-benefits-processing-anduploads.
html#FACMB1259728"s.oracle.com/en/cloud/saas/global-human-resources/r13- update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728

NEW QUESTION 6
XX Global Health Plan has multiple options attached.
• Option i: XX Annual Health Insurance
• Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?

• A. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
• B. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.
• C. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event” as the enrollment period start date and the number field as 15.
• D. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
• E. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.

Answer: A

NEW QUESTION 7
Can you define overspending of a budget pool in filex 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 filex credit formula.
• D. No, you do not have a place holde

Answer: A

NEW QUESTION 8
Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2021. 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 2021. and the status as Active,
• C. Edit the new plan with session effective date as January 1 of the upcoming plan year 2021, and the status as Active.
• D. Edit the new plan with session effective date as January of the current plan year 2021, and the status as Active.
• E. Create the new plan with session effective date as January 1 of the current year 2021, and the status as Pending.

Answer: B

NEW QUESTION 9
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 coverag

Answer: A

NEW QUESTION 10
Your customer wants to create an explicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?

• A. On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.
• B. On the Create Life Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.
• C. On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
• D. On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.

Answer: D

NEW QUESTION 11
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.

Answer: AE

Explanation: https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-dataextract. html#FAIHM1284833

NEW QUESTION 12
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

• A. They should have created an Option 3: Coverage Declined.
• B. They should not have enabled the Assign on Default button for the options.
• C. They should have configured an eligibility fast formula
• D. They should have enabled a plan restriction fast formul

Answer: D

NEW QUESTION 13
Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. The Timeliness rule was configured for both life events to 90 days and the collapsing rule was also set
When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

• A. No collapsing rule was set.
• B. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
• C. The employee is not eligible for life events.
• D. The Marriage event occurred before the Transfer even

Answer: B

NEW QUESTION 14
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, 2021 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 dat
• C. Configure the limitation to minimum 2 years at all three option level
• D. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
• E. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event dat
• F. Then configure the limitation to minimum 2 years at the plan tab.
• G. 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 dat
• H. Configure the limitation to minimum 2 years at all three option levels.

Answer: B

NEW QUESTION 15
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 Salarie
• C. Related coverage > Eligible for another plan and attach this to both the plans..
• D. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
• E. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried
• F. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.

Answer: D

NEW QUESTION 16
A plan is created for a calendar year from January 1, 2021 and ends on December 31, 2021. 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

Answer: C

NEW 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

Answer: BDE

NEW QUESTION 18
An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option's rate amount isn't displayed in the total summary section on the right side of the page.
Which is a reason for this problem?

• A. The rate activity type for payroll information is configured as cost.
• B. The rate activity type for payroll information is configured as employee contribution.
• C. The rate is configured as secondary rate and not primary rate.
• D. The rate is inactiv

Answer: D