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

NEW QUESTION 1
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 entitie

Answer: C

NEW QUESTION 2
To which two benefits objects can Year Period be attached to?

• A. Program
• B. Plan Type
• C. Plan
• D. Option

Answer: BD

Explanation: https://docs.oracle.com/cd/E5HYPERLINK
"https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm"1367_01/globa lop_gs/FAIBF/F1420611AN193D6.htm

NEW QUESTION 3
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

Answer: ADE

Explanation: https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manageopen- enHYPERLINK
"https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-openenrollment. html#FACMB1107266_2"rollment.html#FACMB1107266_2

NEW QUESTION 4
Which is NOT a derived factor type?

• A. Hours Worked
• B. Full-Time Equivalent
• C. Compensation
• D. Grade

Answer: D

Explanation: https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5

NEW QUESTION 5
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

• A. 5
• B. 7
• C. The number of train stops can be configured.
• D. 6

Answer: C

NEW QUESTION 6
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

Answer: C

NEW QUESTION 7
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

• A. The life event date was different.
• B. The life event was not backed out properly.
• C. The life event reinstatement rule was configured.
• D. The life event was configured for another dat

Answer: C

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

NEW QUESTION 8
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

• A. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
• B. This can be achieved via customization only.
• C. This can be achieved via configuration.
• D. This cannot be achieve

Answer: C

NEW QUESTION 9
How many life events can be included in a collapsing rule?

• A. 10
• B. 8
• C. 12
• D. 7

Answer: A

NEW QUESTION 10
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.

Answer: D

NEW QUESTION 11
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 participan

Answer: CD

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

NEW QUESTION 12
The benefits administrator runs an open enrollment window on March 1, 2021 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2021. What could be a reason for this?

• A. The life event date configured for XX Life Program is not 15 March 2021
• 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 of 15 March 20l7.

Answer: D

NEW QUESTION 13
Which benefit object must be created prior to creating an option?

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

Answer: B

Explanation: https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/HYPERLINK "https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/programand- plan-creation.html#FACMB307292"program-and-plan-creation.html#FACMB307292

NEW QUESTION 14
Which is NOT a valid type of life event?

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

Answer: E

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

NEW QUESTION 15
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 ou

Answer: CD

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

NEW 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

Answer: B

NEW QUESTION 17
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.

Answer: B

NEW QUESTION 18
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?

• A. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
• B. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
• C. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
• D. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
• E. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.

Answer: C