Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Benefits Cloud Overview | - Architecture and key concepts of Oracle Benefits Cloud
|
| Security and Administration | - Role-based access and security model
|
| Payroll and Financial Integration | - Integration with payroll systems
|
| Enrollment and Life Events | - Life event processing
|
| Eligibility and Profiles | - Eligibility Profiles setup and usage
|
| Reporting and Maintenance | - Benefits reporting and analytics
|
| Fast Formulas and Calculations | - Benefits Fast Formulas usage
|
| Plan and Program Configuration | - Benefit programs and plan design
|
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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