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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Payroll and Financial Integration | - Integration with payroll systems
|
| Topic 2: Security and Administration | - Role-based access and security model
|
| Topic 3: Eligibility and Profiles | - Eligibility Profiles setup and usage
|
| Topic 4: Benefits Cloud Overview | - Architecture and key concepts of Oracle Benefits Cloud
|
| Topic 5: Reporting and Maintenance | - Benefits reporting and analytics
|
| Topic 6: Fast Formulas and Calculations | - Benefits Fast Formulas usage
|
| Topic 7: Enrollment and Life Events | - Life event processing
|
| Topic 8: Plan and Program Configuration | - Benefit programs and plan design
|
Oracle Benefits Cloud 2021 Implementation Essentials Questions Buyers Commonly Ask
- Eligibility and Profiles ()
- Fast Formulas and Calculations ()
- Enrollment and Life Events ()
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
Which statement about Waive options is true?
- A. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
- B. Waive options are options which do not require any dependent/beneficiary designation.
- C. Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- D. 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.
Correct Answer: A 🗳️
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 task in the Person Management work area.
- B. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
- C. Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.
- D. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
- E. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
Correct Answer: C 🗳️
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 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 - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
- D. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
Correct Answer: B 🗳️
Which is NOT a derivedfactor type?
- A. Grade
- B. Compensation
- C. Hours Worked
- D. Full-Time Equivalent
Correct Answer: A 🗳️
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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 sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
- B. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
- C. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
- D. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
- E. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
Correct Answer: E 🗳️
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