Free Oracle 1z0-973 Exam Dumps Questions & Answers

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

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

Which two are correct processes regarding performing the Benefits Extract setup?

• A.  Extract benefits enrollment information into separate XML files for each plan and plan carrier.
• B.  Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
• C.  Extract benefits enrollment information into a single XML file for each plan carrier.
• D.  Configure plan carrier details and extract options using the Manage Plan Carriers task.
• E.  Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.

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 person's eligibility for the object.
• 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 plan's availability for a program.
• D.  Life events affect benefits processing for a participant.

A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

• A.  5
• B.  4
• C.  6
• D.  3

The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

• A.  The life event reinstatement rule was configured.
• B.  The life event date was different.
• C.  The life event was not backed out properly.
• D.  The life event was configured for another date.