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Oracle 1Z0-1053-21 Valid Braindumps - Oracle Benefits Cloud 2021 Implementation Essentials

1Z0-1053-21
  • Exam Code: 1Z0-1053-21
  • Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
  • Updated: May 09, 2025
  • Q & A: 62 Questions and Answers
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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. 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 achieved through customization only.
B) This requirement cannot be achieved in the current system offerings.
C) This requirement can be completely achieved with configuration only.
D) This requirement cannot be achieved with configurations, and would require custom Fast Formula.


2. A company wantsto display the following text on its Benefit Employee Self Service:
"Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase additional days through the." How do you configure this?

A) Configure plan type grouping display -> self-service usage -> self-service description text
B) Manage enrollment authorization -> self-service usage -> self-service description text
C) Configure plan type grouping display -> administration usage -> self-service description text
D) Manage enrollment authorization -> administration usage -> self-service description text


3. Which statement about configuring Designation Requirements is true?

A) A plan must have the waive option for Designation Requirement to be configured.
B) A plan must have multiple options for Designation Requirement to be configured.
C) A Designation Requirement cannot be configured for a plan with no option.
D) A Designation Requirement can be configured for a plan with no option.


4. A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

A) Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
B) Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
C) Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
D) Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample dataand send the summary reports to the company.


5. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

A) January 31, 2017
B) January 22, 2017
C) January 15, 2017
D) December 28, 2016


Solutions:

Question # 1
Answer: B
Question # 2
Answer: D
Question # 3
Answer: B
Question # 4
Answer: A
Question # 5
Answer: A

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