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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

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

2. A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

A) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
B) New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
C) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
D) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

3. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

A) 32.5
B) 130
C) 30
D) 40

4. Which two are correct processes regarding performing the Benefits Extractsetup?

A) Configure plan carrier details and extract options using the Manage Plan Carriers task.
B) Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.
C) Extract benefits enrollment information into a single XML file for each plan carrier.
D) Extract benefits enrollment information into separate XML files for each plan and plan carrier.
E) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.

5. A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two
/ears the employee will get an opportunity to enroll into a new GlobalDental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i,
2017 as the plan is restricted.
How can you configure this scenario for the company?

A) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
B) Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
C) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
D) Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.

Solutions: