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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Configuring Benefits | 35% | - Eligibility Profiles and Derived Factors - Introduction to Oracle Benefits Cloud - Plan and Program Configuration - Life Events and Enrollment Setup |
| Topic 2: Reporting and Integration | 20% | - Integration with HCM Cloud - Analytics and Dashboards - Standard Benefits Reports - Security and Access Configuration |
| Topic 3: Administering Benefits | 20% | - Benefits Administration Tasks - Rates, Coverage, and Flex Credits - Billing and Court Order Processing - Benefits Extract and Data Transmission |
| Topic 4: Benefits Enrollment Management | 25% | - Scheduled and Open Enrollment - Collapsing Rules and Event Processing - Self-Service Enrollment Display - Dependent and Beneficiary Setup |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
Question #1
A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?
A. Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
B. Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample dataand send the summary reports to the company.
C. Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
D. Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
Question #2
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 31, 2017
B. January 22, 2017
C. December 28, 2016
D. January 15, 2017
Question #3
The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3:
Employee Plus Spouse Plus Child
The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plusChild, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
A. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
B. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
C. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
Question #4
Which two are program types when you configure Flex Credits?
A. Other Credits
B. Flex
C. Core
D. Flex Credits and Core
Question #5
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 -> self-service usage -> self-service description text
B. Manage enrollment authorization -> administration usage -> self-service description text
C. Configure plan type grouping display -> administration usage -> self-service description text
D. Manage enrollment authorization -> self-service usage -> self-service description text
Solutions:
| Question #1 Correct Answer: D | Question #2 Correct Answer: A | Question #3 Correct Answer: B | Question #4 Correct Answer: C,D | Question #5 Correct Answer: B |


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