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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question 1

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

Question 2

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

A. If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
B. If all profiles are optional, then at least one of the profiles must be satisfied.
C. 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 all profiles are requited, then at least one of the profiles must be satisfied.

Question 3

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

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

Question 4

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. 130
B. 32.5
C. 30
D. 40

Question 5

Which statement about Waive options is true?

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

Solutions: