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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

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

A) Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.
B) The amount of deduction from employee pay check for enrollment is varied based on a life event.
C) Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
D) Life eventsaffect benefits processing for a participant.

2. 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?

A) 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.
B) 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.
C) 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.
D) Configure Termination as a Life event underthe Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
E) Configure Termination as a Lifeevent 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.

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

A) Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month
B) Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month
C) Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month
D) Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month

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

A) Start new benefit offerings
B) modify plan configuration
C) update rates
D) decline coverage
E) enroll in existing plans

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

A) If all profiles are optional, then at least one of the profiles must be satisfied.
B) If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
C) 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.
D) If all profiles are requited, then at least one of the profiles must be satisfied.

Solutions: