Guaranteed 1z0-1017 Pdf 2021

NEW QUESTION 1
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, 2021
3) Assign Defaults Date - January 31, 2021
4) Assigned Life Event Date - January 15, 2021
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2021. An employee makes an election on January 22, 2021.
What is the coverage start date for this employee?

• A. January 15, 2021
• B. December 28, 2021
• C. January 31, 2021
• D. January 22, 2021

Answer: C

NEW QUESTION 2
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

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
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 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 was evaluated.
• B. 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.
• C. 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 andparticipation evaluate processing has not yet evaluated it.
• D. A New Hire life event was manually selected.An Address Change event is yet to be triggered and processed for, the employe

Answer: C

NEW QUESTION 6
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 7
Which two are program types when you configure Flex Credits?

• A. Other Credits
• B. Core
• C. Flex
• D. Flex Credits and Core

Answer: BD

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/fileHYPERLINK "https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/filex-creditconfiguration. html#FAIBF1085855_2"x-credit-configuration.html#FAIBF1085855_2

NEW QUESTION 8
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 9
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 10
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 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
When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

• A. It is the effective date of the open event and the date on which eligibility is evaluated.
• B. It is the date on which default benefits assignments are made.
• C. It Is the last day of the open enrollment period.
• D. It is the first day of the open enrollment perio

Answer: C

NEW QUESTION 13
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

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
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 16
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2021.
2. Marriage detected on 1-Jun-2021. What do these statuses imply?

• A. New Hire LE is complete but not close
• B. Marriage LE is triggered but has not yet made elections.
• C. New Hire l-E is complete and close
• D. Marriage IE is triggered but has not yet made elections.
• E. New Hire IF is complete and close
• F. Marriage LE is triggered and has made elections.
• G. New Hire LE is complete and close
• H. Marriage LE is triggered because of the data change.

Answer: D

NEW QUESTION 17
What rate is used for the filex credit program to adjust the total cost of the program?

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

Answer: C

NEW QUESTION 18
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 19
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

• A. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
• B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
• C. Select the same administrator category on the Edit Plan Type page while managing Benefits Self- Service configuration.
• D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
• E. Select Display Signature in the Confirmation section while managing Enrollment Authorization

Answer: B

NEW QUESTION 20
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 21
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 22
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 23
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 24
Which two statements are true about Enrollment Authorizations?

• A. They appear several times if the participant enters self-service multiple times for a single life event.
• B. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
• C. They are optional to Implemen
• D. If implemented, performing the authorization task is mandatory for the participant.
• E. They appear only the first time that the participant enters self-service enrollment for multiple life events.
• F. They are optional to implemen
• G. If implemented, performing the authorization task is optional for the participant.

Answer: DE

NEW QUESTION 25
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