Learn with Oracle : 1Z0-1053-21 training material for 100% pass

Oracle 1Z0-1053-21 Exam Overview:

Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question 1

An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

A. January 22, 2017
B. December 28, 2016
C. January 15, 2017
D. January 31, 2017

Question 2

A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

A. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.
B. A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee.
C. A New Hire life event was manually selected.
An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.
D. A New Hire life event wasmanually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated.

Question 3

An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of
100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

A. This requirement can be completely achieved with configuration only.
B. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
C. This requirement cannot be achieved in the current system offerings.
D. This requirement can be achieved through customization only.

Question 4

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

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

Question 5

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. Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
C. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
D. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
E. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.

Solutions: