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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question 1

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

Question 2

A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

A. 32.5
B. 30
C. 40
D. 130

Question 3

Which three are change opportunities an organization can implement during Open Enrollment?

A. update rates
B. Start new benefit offerings
C. modify plan configuration
D. enroll in existing plans
E. decline coverage

Question 4

Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

A. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
B. The employee is not eligible for life events.
C. No collapsing rule was set.
D. The Marriage eventoccurred before the Transfer event.

Question 5

An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

A. January 15, 2017
B. January 22, 2017
C. December 28, 2016
D. January 31, 2017

Solutions: