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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting on Benefits | - Extract and transmit data to plan carriers - Benefit reporting basics - Enrollment results and extracts |
| Administering Benefits | - Prepare and manage open enrollment - Common administrative tasks - Manage enrollments & service center tasks - Flex credits and coverage/rates management |
| Configuring Benefits | - Create benefit plans, programs, groups and eligibility profiles - Plan types and options configuration - Configure life events - Enrollment display and configuration |
| Benefits Billing and Court Orders | - Configure benefits billing - Manage benefit court orders |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
Question 1
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 period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
B. 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.
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 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.
Question 2
A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?
A. as of event start date
B. as of rate start date
C. as of enrollment start date
D. as of coverage start date
Question 3
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
A. Standard input Value
B. Standard wash Rule formula
C. Standard Rate Value
D. Standard Coverage Volume
Question 4
Which three are correct methods by which enrollment results can be created and made available for viewing?
A. after the Evaluate Life Events batch process is completed successfully
B. after the Close Enrollment process hascompleted
C. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
D. when a default enrollment is processed
E. when an electable choice is saved as a part of self-service enrollment
Question 5
Which three are change opportunities an organization can implement during Open Enrollment?
A. update rates
B. enroll in existing plans
C. modify plan configuration
D. Start new benefit offerings
E. decline coverage
Solutions:
| Question 1 Answer: D | Question 2 Answer: A | Question 3 Answer: A | Question 4 Answer: A,C,E | Question 5 Answer: A,C,E |


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