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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

A. No collapsing rule was set.
B. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
C. The Marriage eventoccurred before the Transfer event.
D. The employee is not eligible for life events.

Question 2

Which three are correct methods by which enrollment results can be created and made available for viewing?

A. after the Close Enrollment process hascompleted
B. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
C. after the Evaluate Life Events batch process is completed successfully
D. when an electable choice is saved as a part of self-service enrollment
E. when a default enrollment is processed

Question 3

The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3:
Employee Plus Spouse Plus Child
The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plusChild, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

A. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
B. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
C. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
D. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Question 4

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

A. No, you do not have aplace holder.
B. Yes, you can define it as per the flex credit formula.
C. Yes, you can define it in the spending options.
D. Yes, you can define it in the standard rates.

Question 5

Which statement about configuring Designation Requirements is true?

A. A plan must have multiple options for Designation Requirement to be configured.
B. A Designation Requirement can be configured for a plan with no option.
C. A plan must have the waive option for Designation Requirement to be configured.
D. A Designation Requirement cannot be configured for a plan with no option.

Solutions: