1Z1-1053 by Oracle Valid Free Exam Practice Test

Question 1

How do you configure the link between the payroll module and benefits?

A. Link the payroll to the plan coverage. B. Link the payroll to the plan salary basis. C. Link the element to the plan coverage. D. Link the element to the plan rate.

Correct Answer: D

Question 2

Which three are correct methods by which enrollment results can be created and made available for viewing?

A. when a default enrollment is processed B. after the Evaluate Life Events batch process is completed successfully C. when an electable choice is saved as a part of self-service enrollment D. after the Close Enrollment process has completed E. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment

Correct Answer: B,C,E

Question 3

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 4

Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. The Timeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

A. The Marriage event occurred before the Transfer event. B. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event. C. No collapsing rule was set. D. The employee is not eligible for life events.

Correct Answer: B

Question 5

Which object is NOT included in benefit export?

A. Element input values B. Eligibility profile C. Program configuration D. Plan not in program configuration

Correct Answer: A

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Question 6

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

Oracle Benefits Cloud 2019 Implementation Essentials - 1Z1-1053 Exam Practice Test