1Z0-1053-23 by Oracle Actual Free Exam Q&As

Question 1

How many life events can be included in a collapsing rule?

A. 8 B. 12 C. 10 D. 7

Discussion 0

Correct Answer: C Vote an answer

Question 2

The Open life event for a plan was backed out. The benefits administrator reprocessed the 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 reinstatement rule was configured. D. The life event was configured for another date.

Discussion 0

Correct Answer: D Vote an answer

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Question 3

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

Discussion 0

Correct Answer: D Vote an answer

Question 4

Which statement about configuring Designation Requirements is true?

A. A Designation Requirement can be configured for a plan with no option. B. A Designation Requirement cannot be configured for a plan with no option. C. A plan must have the waive option for Designation Requirement to be configured. D. A plan must have multiple options for Designation Requirement to be configured.

Discussion 0

Correct Answer: D Vote an answer

Question 5

When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

A. It is the first day of the open enrollment period. B. It is the date on which default benefits assignments are made. C. It is the effective date of the open event and the date on which eligibility is evaluated. D. It is the last day of open enrollment period.

Discussion 0

Correct Answer: D Vote an answer

Question 6

A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A. The amount of deduction from employee pay check for enrollment is varied based on a life event. B. Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object. C. Each occurrence of the life event causes participation evaluation processing to reconsider the plan,s availability for a program. D. Life events affect benefits processing for a participant.

Discussion 0

Correct Answer: C,D Vote an answer

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Question 7

A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. 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 event start date C. as of enrollment start date D. as of rate start date

Discussion 0

Correct Answer: B Vote an answer

Question 8

Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?

A. Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area. B. Assign individuals to the benefit group using the Manage Person task in the Person Management work area. C. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area. D. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area. E. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.

Discussion 0

Correct Answer: E Vote an answer

Question 9

Which is not a valid type of life event?

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

Discussion 0

Correct Answer: B Vote an answer

Question 10

How do you configure the link between the payroll module and benefits?

A. Link the payroll to the plan salary basis. B. Link the payroll to the plan coverage. C. Link the element to the plan rate. D. Link the element to the plan coverage.

Discussion 0

Correct Answer: D Vote an answer

Oracle Benefits Cloud 2023 Implementation Professional - 1Z0-1053-23 Exam Practice Test