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

1Z0-1053-21 real exams

Exam Code: 1Z0-1053-21

Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials

Updated: Apr 18, 2024

Q & A: 62 Questions and Answers

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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. The Open life event for a plan was backed out. The benefits administrator reprocessedthe Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

A) The life event was configured for another date.
B) The life event date was different.
C) The life event was not backed out properly.
D) The life event reinstatement rule was configured.


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 Coverage Volume
B) Standard wash Rule formula
C) Standard input Value
D) Standard Rate Value


3. How do you configure the link between the payroll module and benefits?

A) Link the element to the plan coverage.
B) Link the payroll to the plan coverage.
C) Link the element to the plan rate.
D) Link the payroll to the plan salary basis.


4. A company wantsto display the following text on its Benefit Employee Self Service:
"Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase additional days through the." How do you configure this?

A) Configure plan type grouping display -> administration usage -> self-service description text
B) Manage enrollment authorization -> self-service usage -> self-service description text
C) Manage enrollment authorization -> administration usage -> self-service description text
D) Configure plan type grouping display -> self-service usage -> self-service description text


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


Solutions:

Question # 1
Answer: D
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: D

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