Best Way To Study For Oracle 1Z0-1053-21 Exam Brilliant 1Z0-1053-21 Exam Questions PDF [Q10-Q28]

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Best Way To Study For Oracle 1Z0-1053-21 Exam Brilliant 1Z0-1053-21 Exam Questions PDF

Updated Verified Pass 1Z0-1053-21 Exam – Real Questions and Answers

Q10. 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?

New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Q11. Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?

Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.

Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,

Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.

Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.

Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.

Q12. Which statement about Waive options is true?

Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.

Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

Waive options are options which do not require any dependent/beneficiary designation.

Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Q13. An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option’s rate amount isn’t displayed in the total summary section on the right side of the page.
Which is a reason for this problem?

The rate activity type for payroll information is configured as cost.

The rate activity type for payroll information is configured as employee contribution.

The rate is configured as secondary rate and not primary rate.

The rate is inactive.

Q14. 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.

Q15. 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.

Q16. 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?

Standard Rate Value

Standard Coverage Volume

Standard input Value

Standard wash Rule formula

Q17. How many life events can be included in a collapsing rule?

Q18. Your customer wants to create anexplicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?

On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.

On the CreateLife Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.

On the Create Life Event page under General Information, select the Global check box and add specific legal entities.

On the CreateLife Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.

Q19. 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 Month
Previous Coverage End Date: First of the Next Month

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

Q20. Which is NOT a valid type of life event?

Explicit

Temporal

Scheduled

Unrestricted

Restricted

Q21. Which three areas contain tasks to prepare for an open enrollment period?

Person Management work area

Plan Configuration work area

Evaluation and Reporting work areas

Payroll Calculation work area

Enrollment and My Information work areas

Q22. Which two are correct processes regarding performing the Benefits Extractsetup?

Configure plan carrier details and extract options using the Manage Plan Carriers task.

Extract benefits enrollment information into separate XML files for each plan and plan carrier.

Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.

Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.

Extract benefits enrollment information into a single XML file for each plan carrier.

Q23. XX Lifeinsurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?

Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan

Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.

Create one derived factor. Create an eligibility profileand configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.

Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.

Q24. 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

Q25. A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample dataand send the summary reports to the company.

Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Q26. A company wantsto display the following text on its Benefit Employee Self Service:
“Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase additional days through the.” How do you configure this?

Configure plan type grouping display -> administration usage -> self-service description text

Configure plan type grouping display -> self-service usage -> self-service description text

Manage enrollment authorization -> administration usage -> self-service description text

Manage enrollment authorization -> self-service usage -> self-service description text

Q27. 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?

130

32.5

Q28. An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

Dependent/Beneficiary designation can only be doneon the plan enrollment page (where an employee chooses options). So, this cannot be achieved.

This can be achieved via customization only.

This can be achieved via configuration.

This cannot be achieved.