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 #19

To which two benefits objects can Year Period be attached to?

A. Plan Type

B. Program

C. Option

D. Plan

Discussion 0

Correct Answer: A,C Vote an answer

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Question #20

Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?

A. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.

B. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.

C. Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.

D. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,

E. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.

Discussion 0

Correct Answer: D Vote an answer

Question #21

XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?

A. 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.

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.

C. 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.

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

Discussion 0

Correct Answer: C Vote an answer

Question #22

Which statement about configuring Designation Requirements is true?

A. A plan must have multiple options for Designation Requirement to be configured.

B. A plan must have the waive option for Designation Requirement to be configured.

C. A Designation Requirement can be configured for a plan with no option.

D. A Designation Requirement cannot be configured for a plan with no option.

Discussion 0

Correct Answer: A Vote an answer

Question #23

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 was not backed out properly.

C. The life event was configured for another date.

D. The life event date was different.

Discussion 0

Correct Answer: A Vote an answer

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Question #24

How do you configure the link between the payroll module and benefits?

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.

Discussion 0

Correct Answer: D Vote an answer

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