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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Maintenance | - Benefits reporting and analytics
|
| Topic 2: Enrollment and Life Events | - Life event processing
|
| Topic 3: Security and Administration | - Role-based access and security model
|
| Topic 4: Plan and Program Configuration | - Benefit programs and plan design
|
| Topic 5: Fast Formulas and Calculations | - Benefits Fast Formulas usage
|
| Topic 6: Benefits Cloud Overview | - Architecture and key concepts of Oracle Benefits Cloud
|
| Topic 7: Eligibility and Profiles | - Eligibility Profiles setup and usage
|
| Topic 8: Payroll and Financial Integration | - Integration with payroll systems
|
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?
A) Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
B) Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
C) Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
D) Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
E) Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
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. The Open life event for a plan was backed out. The benefits administrator reprocessedthe Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?
A) The life event date was different.
B) The life event was not backed out properly.
C) The life event was configured for another date.
D) The life event reinstatement rule was configured.
4. The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3:
Employee Plus Spouse Plus Child
The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plusChild, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
A) Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
B) Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
C) Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D) Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
5. 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 IF is complete and closed. Marriage LE is triggered and has made elections.
B) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
C) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
D) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: C |


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