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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

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

A) Rate
B) Plan
C) Coverage
D) Plan Type

2. What are the different types of open enrollment options available under Scheduled tab in program?

A) Open Enrollment and Open Unrestricted Enrollment
B) Open Scheduled and Unrestricted Scheduled
C) Open All and Unrestricted All
D) Open New Hire Enrollment and Unrestricted New Hire Enrollment

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

4. A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employeeplus 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?

A) They should have configured an eligibility fast formula
B) They should have created an Option 3: Coverage Declined.
C) They should not have enabled the Assign on Default button for the options.
D) They should have enabled a plan restriction fast formula.

5. 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 Enrollment work area.
B) Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
C) Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
D) Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
E) Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.

Solutions: