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Oracle 1Z0-1053-21 Questions & Answers - in .pdf

1Z0-1053-21 pdf
  • Total Q&A: 62
  • Update: Jul 20, 2026
  • Price: $59.99
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  • Vendor: Oracle
  • Exam Code: 1Z0-1053-21
  • Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
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Exact Oracle 1Z0-1053-21 Exam Questions with Correct Answers, verified by Experts with years of Experience in IT Field.

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Oracle 1Z0-1053-21 Q&A - Testing Engine

1Z0-1053-21 Study Guide
  • Total Q&A: 62
  • Update: Jul 20, 2026
  • Price: $59.99
Testing Engine
  • Vendor: Oracle
  • Exam Code: 1Z0-1053-21
  • Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Benefits Cloud Overview- Architecture and key concepts of Oracle Benefits Cloud
  • 1. Benefits framework components
    • 2. Integration within Oracle HCM Cloud
      Security and Administration- Role-based access and security model
      • 1. Benefits administrator roles
        • 2. Data security policies
          Payroll and Financial Integration- Integration with payroll systems
          • 1. Accounting and reporting flows
            • 2. Deductions and costing setup
              Enrollment and Life Events- Life event processing
              • 1. Enrollment flows and changes
                • 2. Event-triggered updates
                  Eligibility and Profiles- Eligibility Profiles setup and usage
                  • 1. Derived factors and eligibility criteria
                    • 2. Profile management and assignments
                      Reporting and Maintenance- Benefits reporting and analytics
                      • 1. Standard reports and dashboards
                        • 2. Ongoing maintenance tasks
                          Fast Formulas and Calculations- Benefits Fast Formulas usage
                          • 1. Eligibility and rate calculations
                            • 2. Custom business rules implementation
                              Plan and Program Configuration- Benefit programs and plan design
                              • 1. Coverage and enrollment rules
                                • 2. Plan types and options

                                  Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

                                  1. 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 Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
                                  B) The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.
                                  C) The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
                                  D) The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.


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

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


                                  3. An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

                                  A) Nooption is available for the plan for enrollment.
                                  B) No life event is detected.
                                  C) No unrestricted event is available for the employee.
                                  D) The employee is not eligible for the enrollment.


                                  4. Which two are program types when you configure Flex Credits?

                                  A) Flex
                                  B) Flex Credits and Core
                                  C) Core
                                  D) Other Credits


                                  5. XX Global Health Plan has multiple options attached.
                                  * Option i: XX Annual Health Insurance
                                  * Option 2: Monthly Health Insurance
                                  The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
                                  Which is the correct configuration for the Life event - Termination?

                                  A) Configure Termination as a Life event underthe Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
                                  B) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.
                                  C) Configure Termination as a Lifeevent under the Enrollment tab of XX Global Health Plan with
                                  "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
                                  D) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with
                                  "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
                                  E) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with
                                  "Number of Days from the event" as the enrollment period start date and the number field as 15.


                                  Solutions:

                                  Question # 1
                                  Answer: A
                                  Question # 2
                                  Answer: C
                                  Question # 3
                                  Answer: C
                                  Question # 4
                                  Answer: B,C
                                  Question # 5
                                  Answer: C

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