Oracle 1z0-973 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1z0-973
Exam Name/Title: Oracle Benefits Cloud 2017 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Compensation and Benefits

Exam Questions: 60
Updated On: Jul 04, 2026

Question #25

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 completely achieved with configuration only.

B. This requirement can be achieved through customization 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 offerings.

Discussion 0

Correct Answer: D Vote an answer

Question #26

Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A. Standard input Value

B. Standard wash Rule formula

C. Standard Rate Value

D. Standard Coverage Volume

Discussion 0

Correct Answer: A Vote an answer

Question #27

The reinstatement rule enables you to restore elections during which two events?

A. The open event was accidentally backed out.

B. The open event was backed out by the administrator from the Benefits Service Center.

C. The intervening life event activated the open event.

D. An intervening life event backed out the open event.

Discussion 0

Correct Answer: A,D Vote an answer

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Question #28

What rate is used for the flex credit program to adjust the total cost of the program?

A. Standard Rollover Rate

B. Rollover Rate

C. Standard Primary Rate

D. Standard Secondary Rate

Discussion 0

Correct Answer: B Vote an answer

Question #29

An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

A. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.

B. This can be achieved via configuration.

C. This cannot be achieved.

D. This can be achieved via customization only.

Discussion 0

Correct Answer: B Vote an answer

Question #30

Which three areas contain tasks to prepare for an open enrollment period?

A. Evaluation and Reporting work areas

B. Plan Configuration work area

C. Payroll Calculation work area

D. Enrollment and My Information work areas

E. Person Management work area

Discussion 0

Correct Answer: A,B,D Vote an answer

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