Oracle 1Z0-1053-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Benefits Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1053-21 |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Exam Format: | Multiple Response, Multiple Choice |
| Related Certifications: | Oracle Cloud HCM |
| Real Exam Qty: | 50-60 |
| Exam Duration: | 90 minutes |
| Passing Score: | 68% |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle Benefits Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | Oracle 1Z0-1053-21 Sample Questions |
| Exam Way: | Online proctored or authorized test center |
| Pre Condition: | Recommended knowledge of Oracle HCM Cloud fundamentals and HR processes |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Benefits Cloud Overview | - Architecture and key concepts of Oracle Benefits Cloud
|
| Topic 2: Payroll and Financial Integration | - Integration with payroll systems
|
| Topic 3: Eligibility and Profiles | - Eligibility Profiles setup and usage
|
| Topic 4: Enrollment and Life Events | - Life event processing
|
| Topic 5: Plan and Program Configuration | - Benefit programs and plan design
|
| Topic 6: Reporting and Maintenance | - Benefits reporting and analytics
|
| Topic 7: Security and Administration | - Role-based access and security model
|
| Topic 8: Fast Formulas and Calculations | - Benefits Fast Formulas usage
|
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
Question 1
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 last day of the open enrollment period.
B. It is the date on which default benefits assignments are made.
C. It is the first day of the open enrollment period.
D. It is the effective date of the open event and the date on which eligibilityis evaluated.
Question 2
Which benefit object must be created prior to creating an option?
A. Rate
B. Plan
C. Plan Type
D. Coverage
Question 3
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?
A. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
B. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
C. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
D. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
E. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
Question 4
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 runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.
B. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
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 Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
Question 5
Which statement about Waive options is true?
A. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
C. Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
D. Waive options are options which do not require any dependent/beneficiary designation.
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: B |


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