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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Administering Benefits | - Flex credits and coverage/rates management - Manage enrollments & service center tasks - Prepare and manage open enrollment - Common administrative tasks |
| Benefits Billing and Court Orders | - Manage benefit court orders - Configure benefits billing |
| Reporting on Benefits | - Extract and transmit data to plan carriers - Benefit reporting basics - Enrollment results and extracts |
| Configuring Benefits | - Configure life events - Enrollment display and configuration - Plan types and options configuration - Create benefit plans, programs, groups and eligibility profiles |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. 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 - 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.
B) Configure the eligibility profile with parameter- 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 and attach this to both the plans.
D) 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..
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. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?
A) It is the effective date of the open event and the date on which eligibilityis evaluated.
B) It is the date on which default benefits assignments are made.
C) It is the first day of the open enrollment period.
D) It Is the last day of the open enrollment period.
4. Which two statements are correct with respect to required action in the eligibility profile?
A) If only one eligibility profile is added to an object,then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.
B) If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
C) If all profiles are optional, then at least one of the profiles must be satisfied.
D) If all profiles are requited, then at least one of the profiles must be satisfied.
5. Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?
A) Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.
B) Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
C) Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
D) Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
E) Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
