Certified Oracle 1z0-1017 Vce Online

NEW QUESTION 1
A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

• A. Create a default life event for this task XX Admin Life even
• B. Create a benefit group listing all the executive
• C. Create an eligibility profile with this group and attach it to the progra
• D. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
• E. Create a default life event for this task XX Admin Life even
• F. Create a separate-eligibility profil
• G. Then enroll the first of executives into a sample data and send the summary reports to the company.
• H. Create a default life event for this task XX Admin Life even
• I. Attach it to the Pla
• J. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
• K. Create a default life event for this I ask XX Admin Life even
• L. Create a benefit group listing all the executive
• M. Create an eligibility profile with this group and attach it to all the plan
• N. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Answer: C

NEW QUESTION 2
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 3
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 filexible 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 program

Answer: D

NEW QUESTION 4
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 5
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 6
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 7
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 8
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 9
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 10
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 11
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 12
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 13
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 les
• B. Create an eligibility profile and configure these two derived factors under the eligibility profil
• C. Then attach the eligibility profile to XX Life Insurance Plan
• D. Create one derived facto
• E. Create an eligibility profile and configure the derived factor under the eligibility profil
• F. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
• G. Create one derived facto
• H. Create an eligibility profile and configure the derived factor under the eligibility profil
• I. Then attach the eligibility profile to XX Life Insurance Plan.
• J. Create two eligibility profile
• K. One with age as 21 or above and a second with age 18 or les
• L. Then attach these eligibility profiles to XX Life Insurance Plan.

Answer: D

NEW QUESTION 14
Which object is NOT included in benefit export?

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

Answer: D

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefitsconfiguration- exports-and-imports.html#FAIBF1020137

NEW QUESTION 15
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 16
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 17
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

• A. Standard Rate Value
• B. Standard Coverage Volume
• C. Standard input Value
• D. Standard wash Rule formula

Answer: C

NEW QUESTION 18
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 19
This is the configuration of a collapsing life event rule: Life event = Marriage & 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.

Answer: A

NEW QUESTION 20
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 21
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 22
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 23
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 24
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