Oracle Benefits Cloud 2017 Implementation Essentials - 1z0-973 Exam Practice Test

A. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.

B. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.

C. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.

D. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan

A. Waive options are options which do not require any dependent/beneficiary designation.

B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

C. 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.

D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

A. It is the first day of the open enrollment period.

B. It Is the last day of the open enrollment period.

C. It is the date on which default benefits assignments are made.

D. It is the effective date of the open event and the date on which eligibility is evaluated.

A. Associate the life events only with Core benefit programs.

B. Associate the life events with only flexible benefit programs.

C. Associate the life events with benefit plans or program.

D. Associate the life events only with benefit plans which are in a program.

E. Associate the life events only with benefit plans which are not in a program.

A. Link the payroll to the plan coverage.

B. Link the payroll to the plan salary basis.

C. Link the element to the plan coverage.

D. Link the element to the plan rate.

A. The rate is inactive.

B. The rate is configured as secondary rate and not primary rate.

C. The rate activity type for payroll information is configured as cost.

D. The rate activity type for payroll information is configured as employee contribution.