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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

A) Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
B) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
C) Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
D) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
E) Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.

2. 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) Manage enrollment authorization -> administration usage -> self-service description text
B) Configure plan type grouping display -> self-service usage -> self-service description text
C) Configure plan type grouping display -> administration usage -> self-service description text
D) Manage enrollment authorization -> self-service usage -> self-service description text

3. Which three are correct methods by which enrollment results can be created and made available for viewing?

A) when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
B) after the Close Enrollment process hascompleted
C) when an electable choice is saved as a part of self-service enrollment
D) when a default enrollment is processed
E) after the Evaluate Life Events batch process is completed successfully

4. Which is NOT a valid type of life event?

A) Temporal
B) Restricted
C) Unrestricted
D) Scheduled
E) Explicit

5. You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.
The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?

A) Configure a secondary rate with the calculation method as Multiple of Coverage.
B) Configure a primary rate with the calculation method as Multiple of Coverage.
C) Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
D) Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.

Solutions: