Online Access Free 1Z1-1017 Practice Test

Which is NOT a derived factor type?

• A.Compensation
• B.Full-Time Equivalent
• C.Grade
• D.Hours Worked

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 cannot be achieved with configurations, and would require custom Fast Formula.
• B.This requirement cannot be achieved in the current system offerings.
• C.This requirement can be achieved through customization only.
• D.This requirement can be completely achieved with configuration only.

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

• A.Plan Type
• B.Plan
• C.Program
• D.Option

Which statement about Waive options is true?

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

A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two
/ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i,
2017 as the plan is restricted.
How can you configure this scenario for the company?

• A.Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
• B.Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
• C.Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
• D.Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.