Oracle 1Z0-1053-21 : Oracle Benefits Cloud 2021 Implementation Essentials

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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. Which two statements are correct with respect to required action in the eligibility profile?

A) If all profiles are optional, then at least one of the profiles must be satisfied.
B) If all profiles are requited, then at least one of the profiles must be satisfied.
C) If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
D) If only one eligibility profile is added to an object,then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.

2. Which statement about Waive options is true?

A) Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
B) Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
C) Waive options are options which do not require any dependent/beneficiary designation.
D) Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

3. Yourcustomer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?

A) On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
B) On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
C) On the life event creation page, select "Do not detect past temporal events"as the Temporal Detection Rule.
D) On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
E) On the life event creation page, select "Do not detect future temporal events" as the Temporal DetectionRule.

4. Which three areas contain tasks to prepare for an open enrollment period?

A) Payroll Calculation work area
B) Plan Configuration work area
C) Person Management work area
D) Evaluation and Reporting work areas
E) Enrollment and My Information work areas

5. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

A) 40
B) 130
C) 30
D) 32.5

Solutions: