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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. 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 Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
B) 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.
C) Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D) 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..

2. 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

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

4. Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

A) All plans can be configured at the plan level.
B) All plans in 3 plan type can be displayed on different trainstops as groupings are done at the program level.
C) All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
D) All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.

5. Your customer decided to use some delivered explicit life events in their business. What is your next step asan HCM Consultant after defining triggers as per the retirement?

A) Associate the life events with only flexible benefit programs.
B) Associate the life events only with benefit plans which are in a program.
C) Associate the life events with benefit plans or program.
D) Associate the life events only with Core benefit programs.
E) Associate the life events only with benefit plans which are not in a program.

Solutions: