Oracle 1Z0-1053-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1053-22 Online Questions & Answers

• Question 1:

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

  A. If all profiles are requited, 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 all profiles are optional, then at least one of the profiles must be satisfied.
  D. 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 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.

• Question 2:

  XX Global Health Plan has multiple options attached.

  1.

  Option i: XX Annual Health Insurance

  2.

  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 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.
  B. 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.
  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 under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
  E. 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.
  A. 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.

• Question 3:

  The reinstatement rule enables you to restore elections during which two events?

  A. The open event was backed out by the administrator from the Benefits Service Center.
  B. The intervening life event activated the open event.
  C. An intervening life event backed out the open event.
  D. The open event was accidentally backed out.
  C. An intervening life event backed out the open event.
  D. The open event was accidentally backed out.

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  https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

• Question 4:

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

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

• Question 5:

  A company offers a benefits plan to its employees that includes: 1) Health coverage plan for employee and family 2) Top up health coverageplan at extra premium 3) Life insurance plan for employee and family 4) In Network Dental Insurance plan 5) Out of network Dental insurance plan 6) Eye care plan How many plan types do you need to configure for this customer?

  A. 5
  B. 3
  C. 4
  D. 6
  B. 3

• Question 6:

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

• Question 7:

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

  A. Dependent/Beneficiary designation can only be doneon the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
  B. This can be achieved via customization only.
  C. This can be achieved via configuration.
  D. This cannot be achieved.
  C. This can be achieved via configuration.

• Question 8:

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

• Question 9:

  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?

  A. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
  B. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
  C. Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
  D. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
  E. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
  B. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,

• Question 10:

  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?

  A. Configure plan type grouping display-> administration usage-> self-service description text
  B. Configure plan type grouping display-> self-service usage-> self-service description text
  C. Manage enrollment authorization-> administration usage-> self-service description text
  D. Manage enrollment authorization-> self-service usage-> self-service description text
  C. Manage enrollment authorization-> administration usage-> self-service description text