Oracle 1Z0-1053-24 Exam - Free questions
Certification Provider:
Oracle
Exam Name:
Oracle Benefits Cloud 2024 Implementation Professional
Exam Version:
1Z0-1053-24
1Z0-1053-24 Free questions:
Here you can find Oracle Benefits Cloud 2024 Implementation Professional exam free sample questions which will help you to prepare for your upcoming certification test. These questions will give you an idea of what to expect on the exam and help you review the 1Z0-1053-24 study material.
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Additionally, going through Oracle Benefits Cloud 2024 Implementation Professional practice questions can help you identify any areas where you need more review. Taking advantage of our 1Z0-1053-24 demo questions is a great way to set yourself up for success on the real thing.
Question No. 1) This is the configuration of a collapsing life event rule: Life event =Marriage & Dependent Operator = AND Resulting Event Name = Dependent Life Event Occurred Date = Earliest Life Event Occurred Date Proximity Days = 0 You run the collapsing rule in the scenario: 1. Marriage event occurs on August 1, 2015. 2. Dependent event occurs on August 1, 2015. What is the result?
A) The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
B) The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
C) The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
D) The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
Question No. 2) A company offers a benefits plan to its employees that includes: 1) Health coverage plan for employee and family 2) Top up health coverage plan at extra premium 3) Life insurance plan for employee and family 4) In Network Dental Insurance plan 5) Out of network Dental insurance plan 6) Eye care plan How many plan types do you need to configure for this customer?
A) 5
B) 3
C) 4
D) 6
Question No. 3) Can you upload student and disability status for multiple persons at one time?
A) Yes, it can be accomplished through a benefit administrator task.
B) Yes, it can be accomplished by creating a benefit group.
C) Yes, it can be accomplished through the spreadsheet loader.
D) No, this option isn't available.
Question No. 4) Which two are correct processes regarding performing the Benefits Extract setup?
A) Configure plan carrier details and extract options using the Manage Plan Carriers task.
B) Extract benefits enrollment information into separate XML files for each plan and plan carrier.
C) Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
D) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
E) Extract benefits enrollment information into a single XML file for each plan carrier.
Question No. 5) A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan. What must the minimum and maximum plan limit be set at Plan Type level?
A) Min = 1, Max - 1
B) Min = 1, Max = 2
C) Min = 0, Max = 1
D) Min = 0, Max = 0
Question No. 6) The benefits administrator runs an open enrollment window on March 1,2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
A) The life event date configured for XX Life Program is not 15 March 2017
B) There is no configuration for open enrollment for the XX Life Program.
C) A cycle has already run for open enrollment, so no life event date is available.
D) The benefits administrator has a login from the previous date to that of 15 March 20l7.
Question No. 7) The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs 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.
Question No. 8) What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?
A) 5
B) 7
C) The number of train stops can be configured.
D) 6
Question No. 9) Which is NOT a valid type of life event?
A) Explicit
B) Temporal
C) Scheduled
D) Unrestricted
E) Restricted
Question No. 10) Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?
A) Associate the life events with only flexible benefit programs.
B) Associate the life events only with benefit plans which are not in a program.
C) Associate the life events only with benefit plans which are in a program.
D) Associate the life events with benefit plans or program.
E) Associate the life events only with Core benefit programs.
Question No. 11) Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?
A) All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
B) All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
C) All plans can be configured at the plan level.
D) All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
Question No. 12) Which object is NOT included in benefit export?
A) Eligibility profile
B) Program configuration
C) Plan not in program configuration
D) Element input values
Question No. 13) A benefits consultant implemented a plan for life insurance with the following options: 1. Option 1: Employee only 2. Option 2: Employee plus spouse The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible. Where did the benefits consultant go wrong with the implementation?
A) They should have created an Option 3: Coverage Declined.
B) They should not have enabled the Assign on Default button for the options.
C) They should have configured an eligibility fast formula
D) They should have enabled a plan restriction fast formula.
Question No. 14) 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 cost.
B) The rate activity type for payroll information is configured as employee contribution.
C) The rate is configured as secondary rate and not primary rate.
D) The rate is inactive.
Question No. 15) 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.
Question No. 16) 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 and Benefit 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.
Question No. 17) An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:
A) No life event is detected.
B) No option is available for the plan for enrollment.
C) No unrestricted event is available for the employee.
D) The employee is not eligible for the enrollment.
Question No. 18) How do you set up a Termination life event to end coverage at the end of the month?
A) Coverage and Rate Date Ranges: Coverage Start Date: End of the Month Previous Coverage End Date: First of the Next Month
B) Coverage and Rate Date Ranges: Coverage Start Date: First of the Month Previous Coverage End Date: End of the Month
C) Coverage and Rate Date Ranges: Coverage Start Date: First of the Next Month Previous Coverage End Date: End of the Month
D) Coverage and Pate Date Ranges: Coverage Start Date: End of the Month Previous Coverage End Date: End of the Month
Question No. 19) The reinstatement rule enables you to restore elections during which two events?
A) The open event was backed out by the administrator from the Benefits Service Center.
B) The intervening life event activated the open event.
C) An intervening life event backed out the open event.
D) The open event was accidentally backed out.
Question No. 20) 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 this requirement?
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 Enrollment Kit Report from Benefits Self-Service.
E) Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
Question No. 21) Which statement about Waive options is true?
A) 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.
B) Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
C) Waive options are options which do not require any dependent/beneficiary designation.
D) Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
Question No. 22) A company wants to 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) Configure plan type grouping display -> self-service usage -> self-service description text
C) Manage enrollment authorization -> administration usage -> self-service description text
D) Manage enrollment authorization -> self-service usage -> self-service description text
Question No. 23) 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 Global Dental 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 period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
B) 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.
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.
Question No. 24) What are the different types of open enrollment options available under Scheduled tab in program?
A) Open All and Unrestricted All
B) Open Scheduled and Unrestricted Scheduled
C) Open New Hire Enrollment and Unrestricted New Hire Enrollment
D) Open Enrollment and Open Unrestricted Enrollment
Question No. 25) To which two benefits objects can Year Period be attached to?
A) Program
B) Plan Type
C) Plan
D) Option
Oracle 1Z0-1053-24 Exam answers