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

Oracle 1Z0-1053-22 Online Questions & Answers

• Question 51:

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

  A. 10
  B. 8
  C. 12
  D. 7
  A. 10

• Question 52:

  Which is NOT a valid type of life event?

  A. Explicit
  B. Temporal
  C. Scheduled
  D. Unrestricted
  E. Restricted
  E. Restricted

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  https://docs.oracle.com/cloud/farel12/globalcs_gs/FACMB/FACMB1479189.htm#FACMB12 29710

• Question 53:

  Which two are program types when you configure Flex Credits?

  A. Other Credits
  B. Core
  C. Flex
  D. Flex Credits and Core
  B. Core
  D. Flex Credits and Core

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  https://docs.oracle.com/en/cloud/saas/global-human-resources/r13- update17d/faibf/flex-credit-configuration.html#FAIBF1085855_2

• Question 54:

  Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.

  How do you accomplish thisrequirement?

  A. Run the Person Enrollment Summary Report from the Enrollment work area.
  B. Run the Enrollment Kit Report from the Benefits Enrollment work area.
  C. Run the Person Enrollment Summary Report from Benefits Self Service.
  D. Run the EnrollmentKit Report from Benefits Self-Service.
  E. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
  B. Run the Enrollment Kit Report from the Benefits Enrollment work area.

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  https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728

• Question 55:

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

• Question 56:

  How do you configure the link between the payroll module and benefits?

  A. Link the element to the plan rate.
  B. Link the element to the plan coverage.
  C. Link the payroll to the plan salary basis.
  D. Link the payroll to the plan coverage.
  A. Link the element to the plan rate.

• Question 57:

  The benefits administrator has configured five rates for five different legal entities. After implementation, an employeelogs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.

  Why can't the employee see the assigned rate amount?

  A. The rate amount Is a variable rate for the employee's legal employer.
  B. The rate amount is of the unit of measure "Money".
  C. The rate amount is not configured for the employee's specific legal employer.
  D. The rate amount "Assign on Enrollment" is enabled for five legal entities.
  C. The rate amount is not configured for the employee's specific legal employer.

• Question 58:

  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?

  A. Standard Rate Value
  B. Standard Coverage Volume
  C. Standard input Value
  D. Standard wash Rule formula
  C. Standard input Value

• Question 59:

  Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group. How do you assign the individual functional consultant to this newly created benefits group?

  A. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
  B. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
  C. Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.
  D. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
  E. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
  C. Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.

• Question 60:

  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?

  A. Select Display Signature in the Confirmation section while managing Benefits Self- Service configuration.
  B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
  C. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
  D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
  E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
  B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.