26 October, 2020

What Certified 1z0-1053 Exam Guide Is

Breathing of 1z0-1053 practice exam materials and free question for Oracle certification for IT specialist, Real Success Guaranteed with Updated 1z0-1053 pdf dumps vce Materials. 100% PASS Oracle Benefits Cloud 2019 Implementation Essentials exam Today!

Free 1z0-1053 Demo Online For Oracle Certifitcation:

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Total 60 questions Full Exam Access

Question 1

Can you upload student and disability status for multiple persons at one time?

Yes, it can be accomplished through a benefit administrator task.

Yes, it can be accomplished by creating a benefit group.

Yes, it can be accomplished through the spreadsheet loader.

No, this option isn\'t available.

Question 2

Which two statements are correct with respect to required action in the eligibility profile?

If all profiles are requited, then at least one of the profiles must be satisfied.

If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.

If all profiles are optional, then at least one of the profiles must be satisfied.

If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.

Question 3

Which benefit object must be created prior to creating an option?

Rate

Plan Type

Plan

Coverage

Question 4

Which statement about configuring Designation Requirements is true?

A Designation Requirement can be configured for a plan with no option.

A plan must have multiple options for Designation Requirement to be configured.

A plan must have the waive option for Designation Requirement to be configured.

A Designation Requirement cannot be configured for a plan with no option.

Question 5

Which three are change opportunities an organization can implement during Open Enrollment?

decline coverage

enroll in existing plans

Start new benefit offerings

modify plan configuration

update rates

Question 6

A benefits consultant implemented a plan for life insurance with the following options:
Option 1: Employee only
Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

They should have created an Option 3: Coverage Declined.

They should not have enabled the Assign on Default button for the options.

They should have configured an eligibility fast formula

They should have enabled a plan restriction fast formula.

Question 7

Which object is NOT included in benefit export?

Eligibility profile

Program configuration

Plan not in program configuration

Element input values

Question 8

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?

January 15, 2017

December 28, 2016

January 31, 2017

January 22, 2017

Question 9

How do you set up a Termination life event to end coverage at the end of the month?

Coverage and Rate Date Ranges: Coverage Start Date: End of the MonthPrevious Coverage End Date: First of the Next Month

Coverage and Rate Date Ranges: Coverage Start Date: First of the MonthPrevious Coverage End Date: End of the Month

Coverage and Rate Date Ranges:Coverage Start Date: First of the Next Month Previous Coverage End Date: End of the Month

Coverage and Pate Date Ranges: Coverage Start Date: End of the MonthPrevious Coverage End Date: End of the Month

Question 10

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

Question 11

Which two are program types when you configure Flex Credits?

Other Credits

Core

Flex

Flex Credits and Core

Question 12

Can you define overspending of a budget pool in flex credit shell plans?

Yes, you can define it in the spending options.

Yes, you can define it in the standard rates.

Yes, you can define it as per the flex credit formula.

No, you do not have a place holder.

Question 13

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 New Hire life event was manually selected.An Address Change event was triggered for the person and participation evaluation processing was evaluated.

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.

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.

A New Hire life event was manually selected.An Address Change event is yet to be triggered and processed for, the employee.

Question 14

Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.

Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.

Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.

Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.

Select Display Signature in the Confirmation section while managing Enrollment Authorizations.

Question 15

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

It is the effective date of the open event and the date on which eligibility is evaluated.

It is the date on which default benefits assignments are made.

It Is the last day of the open enrollment period.

It is the first day of the open enrollment period.

Question 16

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 plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salarie

Related coverage > Eligible for another plan and attach this to both the plans..

Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried

Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.

Question 17

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

Link the element to the plan rate.

Link the element to the plan coverage.

Link the payroll to the plan salary basis.

Link the payroll to the plan coverage.

Question 18

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

Each occurrence of the life event causes participation evaluation processing to reconsider the plan\'s availability for a program.

The amount of deduction from employee pay check for enrollment is varied based on a life event.

Each occurrence of the life event causes participation evaluation processing to reconsider the person\'s eligibility for the object.

Life events affect benefits processing for a participant.

Question 19

A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?

as of rate start date

as of coverage start date

as of event start date

as of enrollment start date

Question 20

What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

The number of train stops can be configured.

Question 21

XX Global Health Plan has multiple options attached.
• Option i: XX Annual Health Insurance
• Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event” as the enrollment period start date and the number field as 15.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.

Question 22

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

when a default enrollment is processed

after the Evaluate Life Events batch process is completed successfully

after the Close Enrollment process has completed

when an electable choice is saved as a part of self-service enrollment

when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment

Question 23

To which two benefits objects can Year Period be attached to?

Program

Plan Type

Plan

Option

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Total 60 questions Full Exam Access