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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Benefits Billing and Court Orders- Manage benefit court orders
- Configure benefits billing
Configuring Benefits- Enrollment display and configuration
- Create benefit plans, programs, groups and eligibility profiles
- Plan types and options configuration
- Configure life events
Reporting on Benefits- Extract and transmit data to plan carriers
- Benefit reporting basics
- Enrollment results and extracts
Administering Benefits- Prepare and manage open enrollment
- Manage enrollments & service center tasks
- Flex credits and coverage/rates management
- Common administrative tasks

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. The benefits administrator has configured five rates for five different legal entities. After implementation, an employeelogs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can't the employee see the assigned rate amount?

A) The rate amount is not configured for the employee's specific legal employer.
B) The rate amount is of the unit of measure "Money".
C) The rate amount "Assign on Enrollment" is enabled for five legal entities.
D) The rate amount Is a variable rate for the employee's legal employer.


2. The benefits administrator runs an open enrollment window on March 1,2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

A) There is no configuration for open enrollment for theXX Life Program.
B) A cycle has already run for open enrollment, so no life event date is available.
C) The life event date configured for XX Life Program is not 15 March 2017
D) The benefits administrator has a login from the previous date to that of 15 March 20l7.


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 Past or future temporal events" 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 this temporal life event" 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 are change opportunities an organization can implement during Open Enrollment?

A) Start new benefit offerings
B) decline coverage
C) modify plan configuration
D) update rates
E) enroll in existing plans


5. Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A) Standard Rate Value
B) Standard input Value
C) Standard wash Rule formula
D) Standard Coverage Volume


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: E
Question # 4
Answer: B,C,D
Question # 5
Answer: B


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