1Z1-1017 Exam Training Practice Tests (Oracle Benefits Cloud 2018 Implementation Essentials)]

Question 1

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 "As of event date" as the enrollment period start date. B. 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. C. 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. D. 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. E. 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.

Correct Answer: C

Question 2

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

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

Correct Answer: B

Question 3

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

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

Correct Answer: D

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Question 4

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

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

Correct Answer: B

Question 5

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 has not yet evaluated it. B. 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. C. A New Hire life event was manually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated. D. A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee.

Correct Answer: B

Question 6

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. An intervening life event backed out the open event. C. The open event was accidentally backed out. D. The intervening life event activated the open event.

Correct Answer: B,C

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Oracle Benefits Cloud 2018 Implementation Essentials - 1Z1-1017 Exam Practice Test