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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. 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 underthe Enrollment tab of XX Global Health Plan, with "As of event date" 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 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.
D) 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.
E) 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.

2. 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) 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.
B) A New Hire life event wasmanually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated.
C) A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee.
D) 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.

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 Rate Value
C) Standard wash Rule formula
D) Standard Coverage Volume

4. 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?

A) It Is the last day of the open enrollment period.
B) It is the first day of the open enrollment period.
C) It is the effective date of the open event and the date on which eligibilityis evaluated.
D) It is the date on which default benefits assignments are made.

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 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 task in the Enrollment work area.
D) Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups 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.

Solutions: