Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Benefits Cloud
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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Benefits Billing and Court Orders | - Configure benefits billing - Manage benefit court orders |
| Topic 2: Configuring Benefits | - Configure life events - Create benefit plans, programs, groups and eligibility profiles - Enrollment display and configuration - Plan types and options configuration |
| Topic 3: Reporting on Benefits | - Extract and transmit data to plan carriers - Benefit reporting basics - Enrollment results and extracts |
| Topic 4: Administering Benefits | - Manage enrollments & service center tasks - Flex credits and coverage/rates management - Prepare and manage open enrollment - Common administrative tasks |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
What rate is used for the flex creditprogram to adjust the total cost of the program?
- A. Standard Primary Rate
- B. Standard Secondary Rate
- C. Rollover Rate
- D. Standard Rollover Rate
Correct Answer: C 🗳️
Which is NOT a valid type of life event?
- A. Explicit
- B. Scheduled
- C. Temporal
- D. Restricted
- E. Unrestricted
Correct Answer: D 🗳️
Explanation: Only visible for Pass4sures members. You can sign-up / login (it's free).
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 Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
- B. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
- C. The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.
- D. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
Correct Answer: D 🗳️
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?
- A. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
- B. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
- C. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
- D. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
Correct Answer: C 🗳️
Which two statements are true about Enrollment Authorizations?
- A. They appear several times if the participant enters self-service multiple times for a single life event.
- B. If they are implemented, participants must readand accept the terms provided in the text before they are able to enroll.
- C. They appear only the first time that the participant entersself-service enrollment for multiple life events.
- D. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- E. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
Correct Answer: C,D 🗳️
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