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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Benefits Billing and Court Orders | - Configure benefits billing - Manage benefit court orders |
| Topic 2: Administering Benefits | - Manage enrollments & service center tasks - Prepare and manage open enrollment - Flex credits and coverage/rates management - Common administrative tasks |
| Topic 3: Configuring Benefits | - Create benefit plans, programs, groups and eligibility profiles - Configure life events - Enrollment display and configuration - Plan types and options configuration |
| Topic 4: Reporting on Benefits | - Enrollment results and extracts - Extract and transmit data to plan carriers - Benefit reporting basics |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
- A. December 28, 2016
- B. January 15, 2017
- C. January 31, 2017
- D. January 22, 2017
Correct Answer: C 🗳️
An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option's rate amount isn't displayed in the total summary section on the right side of the page.
Which is a reason for this problem?
- A. The rate is configured as secondary rate and not primary rate.
- B. The rate activity type for payroll information is configured as cost.
- C. The rate activity type for payroll information is configured as employee contribution.
- D. The rate is inactive.
Correct Answer: D 🗳️
Your customer decided to use some delivered explicit life events in their business. What is your next step asan HCM Consultant after defining triggers as per the retirement?
- A. Associate the life events with only flexible benefit programs.
- B. Associate the life events only with benefit plans which are in a program.
- C. Associate the life events only with benefit plans which are not in a program.
- D. Associate the life events with benefit plans or program.
- E. Associate the life events only with Core benefit programs.
Correct Answer: D 🗳️
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 configured an eligibility fast formula
- C. They should have enabled a plan restriction fast formula.
- D. They should not have enabled the Assign on Default button for the options.
Correct Answer: C 🗳️
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 -> self-service 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 -> administration usage -> self-service description text
Correct Answer: C 🗳️
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