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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Payroll and Financial Integration | - Integration with payroll systems
|
| Fast Formulas and Calculations | - Benefits Fast Formulas usage
|
| Reporting and Maintenance | - Benefits reporting and analytics
|
| Benefits Cloud Overview | - Architecture and key concepts of Oracle Benefits Cloud
|
| Security and Administration | - Role-based access and security model
|
| Plan and Program Configuration | - Benefit programs and plan design
|
| Eligibility and Profiles | - Eligibility Profiles setup and usage
|
| Enrollment and Life Events | - Life event processing
|
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. 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- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
C) Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D) 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.
2. A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two
/ears the employee will get an opportunity to enroll into a new GlobalDental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i,
2017 as the plan is restricted.
How can you configure this scenario for the company?
A) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
B) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
C) Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
D) Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
3. Can you change the column text of primary and secondary rates onthe Benefit self-service page?
A) Yes, a change option is available in the Enrollment Configuration task.
B) No, a change option is not available in the Configure Grouping Display task.
C) Yes, a change option is available in the Configure Grouping Displaytask.
D) No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
4. Which statement about Waive options is true?
A) Waive options are options which do not require any dependent/beneficiary designation.
B) Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
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 so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
5. Your customer decided to use some delivered explicit life events in their business. What is your next step asan HCM Consultant after defining triggers as per the retirement?
A) Associate the life events only with benefit plans which are in a program.
B) Associate the life events with only flexible benefit programs.
C) Associate the life events with benefit plans or program.
D) Associate the life events only with benefit plans which are not in a program.
E) Associate the life events only with Core benefit programs.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
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