Exam Details

  • Exam Code
    :1Z0-1053-22
  • Exam Name
    :Oracle Benefits Cloud 2022 Implementation Professional
  • Certification
    :Oracle Benefits Cloud
  • Vendor
    :Oracle
  • Total Questions
    :60 Q&As
  • Last Updated
    :May 16, 2024

Oracle Oracle Benefits Cloud 1Z0-1053-22 Questions & Answers

  • Question 11:

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

    A. 10

    B. 8

    C. 12

    D. 7

  • Question 12:

    The Open life event for a plan was backed out. The benefits administrator reprocessedthe Open life event and found the earlier elections us originally enrolled in the plan.

    What is the reason for this status?

    A. The life event date was different.

    B. The life event was not backed out properly.

    C. The life event reinstatement rule was configured.

    D. The life event was configured for another date.

  • Question 13:

    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. after the Evaluate Life Events batch process is completed successfully

    C. after the Close Enrollment process hascompleted

    D. when an electable choice is saved as a part of self-service enrollment

    E. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment

  • Question 14:

    A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.

    What will be the life event start date?

    A. as of rate start date

    B. as of coverage start date

    C. as of event start date

    D. as of enrollment start date

  • Question 15:

    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.

  • Question 16:

    An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

    A. No life event is detected.

    B. Nooption is available for the plan for enrollment.

    C. No unrestricted event is available for the employee.

    D. The employee is not eligible for the enrollment.

  • Question 17:

    An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.

    Which statement about this requirement is true?

    A. This requirement can be achieved through customization only.

    B. This requirement can be completely achieved with configuration only.

    C. This requirement cannot be achieved with configurations, and would require custom Fast Formula.

    D. This requirement cannot be achieved in the current system offerings.

  • Question 18:

    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?

    A. 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

    B. 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.

    C. 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.

    D. 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.

  • Question 19:

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

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

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

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

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

  • Question 20:

    Which is NOT a derivedfactor type?

    A. Hours Worked

    B. Full-Time Equivalent

    C. Compensation

    D. Grade

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