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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

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

2. 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 first day of the open enrollment period.
B) It is the effective date of the open event and the date on which eligibilityis evaluated.
C) It is the date on which default benefits assignments are made.
D) It Is the last day of the open enrollment period.

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

4. 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 period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
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 enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.

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 individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
B) Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
C) Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
D) Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.
E) Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.

Solutions: