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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Benefits Billing and Court Orders | - Manage benefit court orders - Configure benefits billing |
| Administering Benefits | - Manage enrollments & service center tasks - Common administrative tasks - Prepare and manage open enrollment - Flex credits and coverage/rates management |
| Reporting on Benefits | - Extract and transmit data to plan carriers - Enrollment results and extracts - Benefit reporting basics |
| Configuring Benefits | - Configure life events - Create benefit plans, programs, groups and eligibility profiles - Enrollment display and configuration - Plan types and options configuration |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
Question 1
Can you change the column text of primary and secondary rates onthe Benefit self-service page?
A. No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
B. Yes, a change option is available in the Enrollment Configuration task.
C. Yes, a change option is available in the Configure Grouping Displaytask.
D. No, a change option is not available in the Configure Grouping Display task.
Question 2
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?
A. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
B. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
C. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
D. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
Question 3
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 Rate Value
B. Standard Coverage Volume
C. Standard input Value
D. Standard wash Rule formula
Question 4
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 in the current system offerings.
B. This requirement can be achieved through customization only.
C. This requirement can be completely achieved with configuration only.
D. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
Question 5
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.
An Address Change event is yet to be triggered and processed for, the employee.
B. 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.
C. A New Hire life event wasmanually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated.
D. 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.
Solutions:
| Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: B |
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