Ultimate Guide to Prepare 1z0-1053-22 Certification Exam for Oracle Benefits Cloud in 2022 [Q19-Q38]

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Ultimate Guide to Prepare 1z0-1053-22 Certification Exam for Oracle Benefits Cloud in 2022

Use Real 1z0-1053-22 Dumps – Oracle Correct Answers updated on 2022

QUESTION 19
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

QUESTION 20
Which three areas contain tasks to prepare for an open enrollment period?

Person Management work area

Plan Configuration work area

Evaluation and Reporting work areas

Payroll Calculation work area

Enrollment and My Information work areas

QUESTION 21
What rate is used for the flex credit program to adjust the total cost of the program?

Standard Primary Rate

Standard Rollover Rate

Rollover Rate

Standard Secondary Rate

QUESTION 22
A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

QUESTION 23
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?

The number of proximity days was specified as 20.

The number of proximity days was specified as 0.

The life event had expired.

The number of proximity days was specified as 15.

QUESTION 24
A company wants to 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?

Configure plan type grouping display -> administration usage -> self-service description text

Configure plan type grouping display -> self-service usage -> self-service description text

Manage enrollment authorization -> administration usage -> self-service description text

Manage enrollment authorization -> self-service usage -> self-service description text

QUESTION 25
Which two statements are correct with respect to required action in the eligibility profile?

If all profiles are requited, then at least one of the profiles must be satisfied.

If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.

If all profiles are optional, then at least one of the profiles must be satisfied.

If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.

QUESTION 26
To which two benefits objects can Year Period be attached to?

Program

Plan Type

Plan

Option

QUESTION 27
How do you configure the link between the payroll module and benefits?

Link the element to the plan rate.

Link the element to the plan coverage.

Link the payroll to the plan salary basis.

Link the payroll to the plan coverage.

QUESTION 28
Which three are change opportunities an organization can implement during Open Enrollment?

decline coverage

enroll in existing plans

Start new benefit offerings

modify plan configuration

update rates

QUESTION 29
Which benefit object must be created prior to creating an option?

Rate

Plan Type

Plan

Coverage

QUESTION 30
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

The number of train stops can be configured.

QUESTION 31
Can you change the column text of primary and secondary rates on the Benefit self-service page?

No, a change option is not available in the Configure Grouping Display task.

Yes, a change option is available in the Enrollment Configuration task.

Yes, a change option is available in the Configure Grouping Display task.

No, a change option is available in the Configure Grouping Display task, but it doesn’t allow a text change.

QUESTION 32
Can you upload student and disability status for multiple persons at one time?

Yes, it can be accomplished through a benefit administrator task.

Yes, it can be accomplished by creating a benefit group.

Yes, it can be accomplished through the spreadsheet loader.

No, this option isn’t available.

QUESTION 33
The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Configure the eligibility profile with parameter – Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..

Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Configure the eligibility profile with parameter – Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried” Related coverage > Eligible in another option in plan and attach this to both the plans.

QUESTION 34
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.

This can be achieved via customization only.

This can be achieved via configuration.

This cannot be achieved.

QUESTION 35
The reinstatement rule enables you to restore elections during which two events?

The open event was backed out by the administrator from the Benefits Service Center.

The intervening life event activated the open event.

An intervening life event backed out the open event.

The open event was accidentally backed out.

QUESTION 36
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?

Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan

Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.

Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.

Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.

QUESTION 37
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?

It is the effective date of the open event and the date on which eligibility is evaluated.

It is the date on which default benefits assignments are made.

It Is the last day of the open enrollment period.

It is the first day of the open enrollment period.

QUESTION 38
Which object is NOT included in benefit export?

Eligibility profile

Program configuration

Plan not in program configuration

Element input values