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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants to create anexplicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?

A) On the CreateLife Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
B) On the CreateLife Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.
C) On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
D) On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.

2. A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?

A) as of coverage start date
B) as of rate start date
C) as of enrollment start date
D) as of event start date

3. A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

A) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
B) New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
C) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
D) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

4. This is the configuration of a collapsing life event rule:
Life event =Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

A) The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
B) The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
C) The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
D) The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.

5. What rate is used for the flex creditprogram to adjust the total cost of the program?

A) Rollover Rate
B) Standard Primary Rate
C) Standard Secondary Rate
D) Standard Rollover Rate

Solutions: