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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Reporting on Benefits- Enrollment results and extracts
- Extract and transmit data to plan carriers
- Benefit reporting basics
Administering Benefits- Prepare and manage open enrollment
- Common administrative tasks
- Flex credits and coverage/rates management
- Manage enrollments & service center tasks
Benefits Billing and Court Orders- Manage benefit court orders
- Configure benefits billing
Configuring Benefits- Enrollment display and configuration
- Plan types and options configuration
- Create benefit plans, programs, groups and eligibility profiles
- Configure life events

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question 1

A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employeeplus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

A. They should have enabled a plan restriction fast formula.
B. They should have created an Option 3: Coverage Declined.
C. They should have configured an eligibility fast formula
D. They should not have enabled the Assign on Default button for the options.


Question 2

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 completely achieved with configuration only.
C. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
D. This requirement can be achieved through customization only.


Question 3

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

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


Question 4

Yourcustomer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?

A. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
B. On the life event creation page, select "Do not detect future temporal events" as the Temporal DetectionRule.
C. On the life event creation page, select "Do not detect past temporal events"as the Temporal Detection Rule.
D. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
E. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.


Question 5

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 GlobalDental 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 enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
B. 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.
C. 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.
D. 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.


Solutions:

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

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