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Oracle 1Z0-1053-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Benefits Cloud 2021 Implementation Essentials
Exam Number:1Z0-1053-21
Exam Format:Multiple Choice, Multiple Select
Exam Duration:90 minutes
Passing Score:70%
Available Languages:English
Real Exam Qty:55-60
Exam Price:USD $245
Certificate Validity Period:18 months
Related Certifications:Oracle Global Human Resources Cloud 2021 Implementation Specialist
Oracle Benefits Cloud 2022 Implementation Professional
Recommended Training:Oracle Benefits Cloud 2021 Implementation Training
Oracle HCM Cloud Learning Subscription
Exam Registration:Pearson VUE Oracle Registration
Oracle University Exam Page
Sample Questions:Oracle 1Z0-1053-21 Sample Questions
Exam Way:Online proctored (OnVUE) or in-person at Pearson VUE authorized centers
Pre Condition:No mandatory prerequisites; recommended experience with Oracle HCM Cloud and Benefits implementation
Official Syllabus URL:https://education.oracle.com/pexam_1Z0-1053-21

Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Configuring Benefits35%- Introduction to Oracle Benefits Cloud
- Eligibility Profiles and Derived Factors
- Plan and Program Configuration
- Life Events and Enrollment Setup
Topic 2: Reporting and Integration20%- Standard Benefits Reports
- Integration with HCM Cloud
- Security and Access Configuration
- Analytics and Dashboards
Topic 3: Benefits Enrollment Management25%- Dependent and Beneficiary Setup
- Self-Service Enrollment Display
- Scheduled and Open Enrollment
- Collapsing Rules and Event Processing
Topic 4: Administering Benefits20%- Billing and Court Order Processing
- Benefits Extract and Data Transmission
- Rates, Coverage, and Flex Credits
- Benefits Administration Tasks

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

A) Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
B) Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample dataand send the summary reports to the company.
C) Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
D) Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.


2. XX Lifeinsurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?

A) Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan
B) Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
C) Create one derived factor. Create an eligibility profileand configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
D) Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.


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

A) Program
B) Option
C) Plan
D) Plan Type


4. How many life events can be included in a collapsing rule?

A) 12
B) 10
C) 8
D) 7


5. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

A) January 15, 2017
B) January 31, 2017
C) January 22, 2017
D) December 28, 2016


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: B,D
Question # 4
Answer: B
Question # 5
Answer: B

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