1Z0-1053-20 by Oracle Valid Free Exam Practice Test

Question 1

An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

A. This cannot be achieved. B. This can be achieved via configuration. C. This can be achieved via customization only. D. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.

Correct Answer: B

Question 2

How do you set up a Termination life event to end coverage at the end of the month?

A. Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month B. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month C. Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month D. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month

Correct Answer: B

Question 3

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 not have enabled the Assign on Default button for the options. B. They should have configured an eligibility fast formula C. They should have created an Option 3: Coverage Declined. D. They should have enabled a plan restriction fast formula.

Correct Answer: D

Question 4

A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?

A. The number of proximity days was specified as 15. B. The number of proximity days was specified as 0. C. The life event had expired. D. The number of proximity days was specified as 20.

Correct Answer: A

Question 5

Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?

A. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule. B. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule. C. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule. D. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule. E. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.

Correct Answer: C

Question 6

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 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. D. 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.

Correct Answer: B

Oracle Benefits Cloud 2020 Implementation Essentials - 1Z0-1053-20 Exam Practice Test