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

Oracle 1Z0-1053-22 Online Questions & Answers

• Question 21:

  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?

  A. The rate activity type for payroll information is configured as cost.
  B. The rate activity type for payroll information is configured as employee contribution.
  C. The rate is configured as secondary rate and not primary rate.
  D. The rate is inactive.
  D. The rate is inactive.

• Question 22:

  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.
  C. The life event reinstatement rule was configured.

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

• Question 23:

  Which two statements are true about Enrollment Authorizations?

  A. They appear several times if the participant enters self-service multiple times for a single life event.
  B. If they are implemented, participants must readand accept the terms provided in the text before they are able to enroll.
  C. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
  D. They appear only the first time that the participant entersself-service enrollment for multiple life events.
  E. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
  D. They appear only the first time that the participant entersself-service enrollment for multiple life events.
  E. They are optional to implement. If implemented, performing the authorization task is optional for the participant.

• Question 24:

  What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

  A. 5
  B. 7
  C. The number of train stops can be configured.
  D. 6
  C. The number of train stops can be configured.

• Question 25:

  Can you upload student and disability status for multiple persons at one time?

  A. Yes, it can be accomplishedthrough a benefit administrator task.
  B. Yes, it can be accomplished by creating a benefit group.
  C. Yes, it can be accomplished through the spreadsheet loader.
  D. No, this option isn't available.
  C. Yes, it can be accomplished through the spreadsheet loader.

• Question 26:

  What rate is used for the flex creditprogram to adjust the total cost of the program?

  A. Standard Primary Rate
  B. Standard Rollover Rate
  C. Rollover Rate
  D. Standard Secondary Rate
  C. Rollover Rate

• Question 27:

  A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan. What must the minimum and maximum plan limit be set at Plan Type level?

  A. Min = 1, Max- 1
  B. Min = 1, Max = 2
  C. Min = 0, Max = 1
  D. Min = 0, Max = 0
  B. Min = 1, Max = 2

• Question 28:

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

• Question 29:

  Which is NOT a derivedfactor type?

  A. Hours Worked
  B. Full-Time Equivalent
  C. Compensation
  D. Grade
  D. Grade

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  https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A6881 59C5

• Question 30:

  Which statement about Waive options is true?

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