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


"Oracle Benefits Cloud 2021 Implementation Essentials", also known as 1Z0-1053-21 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepAwayPDF has assembled to take you through 62 Q&As to your 1Z0-1053-21 Exam preparation. In the 1Z0-1053-21 exam resources, you will cover every field and category in Oracle Benefits Cloud Certification helping to ready you for your successful Oracle Certification.

  • Exam Code: 1Z0-1053-21
  • Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
  • Total Questions: 62

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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. 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 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.
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 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.


2. Which three areas contain tasks to prepare for an open enrollment period?

A) Enrollment and My Information work areas
B) Payroll Calculation work area
C) Plan Configuration work area
D) Person Management work area
E) Evaluation and Reporting work areas


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


4. 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. 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.
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. Attach it to the Plan. 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.


5. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

A) 40
B) 32.5
C) 130
D) 30


Solutions:

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

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