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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Benefits Billing and Court Orders | - Manage benefit court orders - Configure benefits billing |
| Topic 2: Reporting on Benefits | - Benefit reporting basics - Extract and transmit data to plan carriers - Enrollment results and extracts |
| Topic 3: Configuring Benefits | - Create benefit plans, programs, groups and eligibility profiles - Configure life events - Enrollment display and configuration - Plan types and options configuration |
| Topic 4: Administering Benefits | - Prepare and manage open enrollment - Common administrative tasks - Manage enrollments & service center tasks - Flex credits and coverage/rates management |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. Which object is NOT included in benefit export?
A) Element input values
B) Plan notin program configuration
C) Eligibility profile
D) Program configuration
2. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?
A) It is the effective date of the open event and the date on which eligibilityis evaluated.
B) It Is the last day of the open enrollment period.
C) It is the first day of the open enrollment period.
D) It is the date on which default benefits assignments are made.
3. How do you configure the link between the payroll module and benefits?
A) Link the element to the plan rate.
B) Link the payroll to the plan salary basis.
C) Link the payroll to the plan coverage.
D) Link the element to the plan coverage.
4. 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?
A) Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
B) Configure a primary rate with the calculation method as Multiple of Coverage.
C) Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
D) Configure a secondary rate with the calculation method as Multiple of Coverage.
5. Can you change the column text of primary and secondary rates onthe Benefit self-service page?
A) Yes, a change option is available in the Configure Grouping Displaytask.
B) No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
C) Yes, a change option is available in the Enrollment Configuration task.
D) No, a change option is not available in the Configure Grouping Display task.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |



