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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Configuring Benefits | - Configure life events - Plan types and options configuration - Create benefit plans, programs, groups and eligibility profiles - Enrollment display and configuration |
| Topic 2: Administering Benefits | - Common administrative tasks - Manage enrollments & service center tasks - Flex credits and coverage/rates management - Prepare and manage open enrollment |
| Topic 3: Reporting on Benefits | - Extract and transmit data to plan carriers - Benefit reporting basics - Enrollment results and extracts |
| Topic 4: Benefits Billing and Court Orders | - Manage benefit court orders - Configure benefits billing |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employeeplus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?
A) They should have created an Option 3: Coverage Declined.
B) They should have enabled a plan restriction fast formula.
C) They should have configured an eligibility fast formula
D) They should not have enabled the Assign on Default button for the options.
2. The benefits administrator has configured five rates for five different legal entities. After implementation, an employeelogs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can't the employee see the assigned rate amount?
A) The rate amount Is a variable rate for the employee's legal employer.
B) The rate amount is of the unit of measure "Money".
C) The rate amount is not configured for the employee's specific legal employer.
D) The rate amount "Assign on Enrollment" is enabled for five legal entities.
3. An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:
A) No life event is detected.
B) No unrestricted event is available for the employee.
C) Nooption is available for the plan for enrollment.
D) The employee is not eligible for the enrollment.
4. Which is NOT a derivedfactor type?
A) Grade
B) Hours Worked
C) Compensation
D) Full-Time Equivalent
5. A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?
A) The number of proximity days was specified as 20.
B) The life event had expired.
C) The number of proximity days was specified as 15.
D) The number of proximity days was specified as 0.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |
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