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 #13

Which is NOT a valid type of life event?

A. Temporal

B. Restricted

C. Scheduled

D. Explicit

E. Unrestricted

Discussion 0

Correct Answer: B Vote an answer

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Question #14

A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

A. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.

B. A New Hire life event was manually selected.
An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.

C. A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee.

D. A New Hire life event was manually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated.

Discussion 0

Correct Answer: A Vote an answer

Question #15

Which two statements are true about Enrollment Authorizations?

A. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.

B. They are optional to implement. If implemented, performing the authorization task is optional for the participant.

C. They appear only the first time that the participant enters self-service enrollment for multiple life events.

D. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.

E. They appear several times if the participant enters self-service multiple times for a single life event.

Discussion 0

Correct Answer: A,B Vote an answer

Question #16

Can you define overspending of a budget pool in flex credit shell plans?

A. Yes, you can define it in the spending options.

B. Yes, you can define it in the standard rates.

C. Yes, you can define it as per the flex credit formula.

D. No, you do not have a place holder.

Discussion 0

Correct Answer: A Vote an answer

Question #17

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. 40

C. 30

D. 32.5

Discussion 0

Correct Answer: C Vote an answer

Question #18

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. Life events affect benefits processing for a participant.

C. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.

D. The amount of deduction from employee pay check for enrollment is varied based on a life event.

Discussion 0

Correct Answer: A,B Vote an answer

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