Free Oracle 1Z1-1017 Exam Dumps Questions & Answers

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, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

• A.  December 28, 2016
• B.  January 22, 2017
• C.  January 15, 2017
• D.  January 31, 2017

What are the different types of open enrollment options available under Scheduled tab in program?

• A.  Open All and Unrestricted All
• B.  Open Enrollment and Open Unrestricted Enrollment
• C.  Open Scheduled and Unrestricted Scheduled
• D.  Open New Hire Enrollment and Unrestricted New Hire Enrollment

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

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 runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
• B.  The collapsing rule voids 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.

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.  130
• B.  32.5
• C.  30
• D.  40