Free Oracle 1z0-973 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.  January 15, 2017
• B.  January 31, 2017
• C.  January 22, 2017
• D.  December 28, 2016

Which statement about Waive options is true?

• A.  Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
• B.  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.
• C.  Waive options are options which do not require any dependent/beneficiary designation.
• D.  Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

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

A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

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

Can you upload student and disability status for multiple persons at one time?

• A.  No, this option isn't available.
• B.  Yes, it can be accomplished through a benefit administrator task.
• C.  Yes, it can be accomplished through the spreadsheet loader.
• D.  Yes, it can be accomplished by creating a benefit group.