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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configuring Benefits- Configure life events
- Create benefit plans, programs, groups and eligibility profiles
- Enrollment display and configuration
- Plan types and options configuration
Topic 2: Reporting on Benefits- Extract and transmit data to plan carriers
- Benefit reporting basics
- Enrollment results and extracts
Topic 3: Benefits Billing and Court Orders- Manage benefit court orders
- Configure benefits billing
Topic 4: Administering Benefits- Manage enrollments & service center tasks
- Prepare and manage open enrollment
- Common administrative tasks
- Flex credits and coverage/rates management

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

A. All plans in 3 plan type can be displayed on different trainstops as groupings are done at the program level.
B. All plans can be configured at the plan level.
C. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
D. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.


Question 2

Which statement about Waive options is true?

A. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
B. Waive options are options which do not require any dependent/beneficiary designation.
C. Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
D. 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.


Question 3

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

A. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
B. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
C. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.


Question 4

The benefits administrator runs an open enrollment window on March 1,2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

A. A cycle has already run for open enrollment, so no life event date is available.
B. There is no configuration for open enrollment for theXX Life Program.
C. The life event date configured for XX Life Program is not 15 March 2017
D. The benefits administrator has a login from the previous date to that of 15 March 20l7.


Question 5

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

A. when a default enrollment is processed
B. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
C. after the Close Enrollment process hascompleted
D. when an electable choice is saved as a part of self-service enrollment
E. after the Evaluate Life Events batch process is completed successfully


Solutions:

Question 1
Answer: D
Question 2
Answer: A
Question 3
Answer: D
Question 4
Answer: D
Question 5
Answer: B,D,E

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