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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Administering Benefits | - Prepare and manage open enrollment - Flex credits and coverage/rates management - Manage enrollments & service center tasks - Common administrative tasks |
| Topic 2: Reporting on Benefits | - Benefit reporting basics - Enrollment results and extracts - Extract and transmit data to plan carriers |
| Topic 3: Benefits Billing and Court Orders | - Configure benefits billing - Manage benefit court orders |
| Topic 4: Configuring Benefits | - Plan types and options configuration - Enrollment display and configuration - Create benefit plans, programs, groups and eligibility profiles - Configure life events |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
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 -> administration usage -> self-service description text
- C. Configure plan type grouping display -> self-service usage -> self-service description text
- D. Manage enrollment authorization -> self-service usage -> self-service description text
Correct Answer: B 🗳️
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
- A. Dependent/Beneficiary designation can only be doneon the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
- B. This can be achieved via customization only.
- C. This cannot be achieved.
- D. This can be achieved via configuration.
Correct Answer: D 🗳️
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 15.
- B. The number of proximity days was specified as 0.
- C. The number of proximity days was specified as 20.
- D. The life event had expired.
Correct Answer: A 🗳️
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 enabled a plan restriction fast formula.
- B. They should have configured an eligibility fast formula
- C. They should not have enabled the Assign on Default button for the options.
- D. They should have created an Option 3: Coverage Declined.
Correct Answer: A 🗳️
Can you define overspending of a budget pool in flex credit shell plans?
- A. Yes, you can define it in the standard rates.
- B. No, you do not have aplace holder.
- C. Yes, you can define it as per the flex credit formula.
- D. Yes, you can define it in the spending options.
Correct Answer: D 🗳️
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