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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Administering Benefits | - Manage enrollments & service center tasks - Flex credits and coverage/rates management - Prepare and manage open enrollment - Common administrative tasks |
| Benefits Billing and Court Orders | - Configure benefits billing - Manage benefit court orders |
| Configuring Benefits | - Configure life events - Plan types and options configuration - Create benefit plans, programs, groups and eligibility profiles - Enrollment display and configuration |
| Reporting on Benefits | - Benefit reporting basics - Enrollment results and extracts - Extract and transmit data to plan carriers |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
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. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- C. when an electable choice is saved as a part of self-service enrollment
- D. after the Close Enrollment process hascompleted
- E. after the Evaluate Life Events batch process is completed successfully
Correct Answer: B,C,E 🗳️
Which two are program types when you configure Flex Credits?
- A. Other Credits
- B. Core
- C. Flex
- D. Flex Credits and Core
Correct Answer: B,D 🗳️
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Which object is NOT included in benefit export?
- A. Eligibility profile
- B. Plan notin program configuration
- C. Program configuration
- D. Element input values
Correct Answer: D 🗳️
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Which statement about Waive options is true?
- A. Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- B. 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.
- C. Waive options are options which do not require any dependent/beneficiary designation.
- D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
Correct Answer: D 🗳️
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of
100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?
- A. This requirement can be completely achieved with configuration only.
- B. This requirement can be achieved through customization only.
- C. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
- D. This requirement cannot be achieved in the current system offerings.
Correct Answer: D 🗳️
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