Oracle Benefits Cloud 2021 Implementation Essentials : 1Z0-1053-21 Exam Questions

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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?

A) Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
B) Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
C) Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
D) Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
E) Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.

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

3. A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A) Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
B) The amount of deduction from employee pay check for enrollment is varied based on a life event.
C) Life eventsaffect benefits processing for a participant.
D) Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.

4. 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 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.
B) 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
C) 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.
D) 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.

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

Solutions: