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New 1Z0-1053-21 Dumps For Preparing Oracle Benefits Cloud Certified Oracle Exam Well [Q33-Q51]




New 1Z0-1053-21 Dumps For Preparing Oracle Benefits Cloud Certified Oracle Exam Well

Updated 1Z0-1053-21 Dumps Questions Are Available [2022] For Passing Oracle Exam

NEW QUESTION 33
A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

 
 
 
 

NEW QUESTION 34
What rate is used for the flex creditprogram to adjust the total cost of the program?

 
 
 
 

NEW QUESTION 35
The benefits administrator has configured five rates for five different legal entities. After implementation, an employeelogs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can’t the employee see the assigned rate amount?

 
 
 
 

NEW QUESTION 36
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?

 
 
 
 

NEW QUESTION 37
Which three are correct methods by which enrollment results can be created and made available for viewing?

 
 
 
 
 

NEW QUESTION 38
Yourcustomer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?

 
 
 
 
 

NEW QUESTION 39
A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan.
What must the minimum and maximum plan limit be set at Plan Type level?

 
 
 
 

NEW QUESTION 40
Which three are change opportunities an organization can implement during Open Enrollment?

 
 
 
 
 

NEW QUESTION 41
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?

 
 
 
 

NEW QUESTION 42
How do you configure the link between the payroll module and benefits?

 
 
 
 

NEW QUESTION 43
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

 
 
 
 

NEW QUESTION 44
Which two statements are correct with respect to required action in the eligibility profile?

 
 
 
 

NEW QUESTION 45
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?

 
 
 
 

NEW QUESTION 46
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:

 
 
 
 

NEW QUESTION 47
A benefits administrator processed an enrollment for one employee, and manually added the life event “XYZ” as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked “Collapse Life Event”. Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?

 
 
 
 

NEW QUESTION 48
Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

 
 
 
 

NEW QUESTION 49
You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.
The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company’s plan?

 
 
 
 

NEW QUESTION 50
Which object is NOT included in benefit export?

 
 
 
 

NEW QUESTION 51
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?

 
 
 
 

Oracle Exam 2022 1Z0-1053-21 Dumps Updated Questions: https://www.testkingfree.com/Oracle/1Z0-1053-21-practice-exam-dumps.html

Post date: 2022-08-12 12:33:00
Post date GMT: 2022-08-12 12:33:00
Post modified date: 2022-08-12 12:33:00
Post modified date GMT: 2022-08-12 12:33:00