[Apr 10, 2022] New 1Z0-1053-21 Exam Dumps with High Passing Rate
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NEW QUESTION 37
To which two benefits objects can Year Period be attached to?
- A. Plan
- B. Plan Type
- C. Program
- D. Option
Answer: B,D
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm
NEW QUESTION 38
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?
- A. 0
- B. The number of train stops can be configured.
- C. 1
- D. 2
Answer: B
NEW QUESTION 39
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?
- A. The rate amount is of the unit of measure "Money".
- B. The rate amount "Assign on Enrollment" is enabled for five legal entities.
- C. The rate amount Is a variable rate for the employee's legal employer.
- D. The rate amount is not configured for the employee's specific legal employer.
Answer: D
NEW QUESTION 40
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?
- A. Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
- B. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- C. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
- D. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
Answer: D
NEW QUESTION 41
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?
- A. The Marriage eventoccurred before the Transfer event.
- B. The employee is not eligible for life events.
- C. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
- D. No collapsing rule was set.
Answer: C
NEW QUESTION 42
How do you configure the link between the payroll module and benefits?
- A. Link the element to the plan coverage.
- B. Link the element to the plan rate.
- C. Link the payroll to the plan salary basis.
- D. Link the payroll to the plan coverage.
Answer: B
NEW QUESTION 43
Which two statements are true about Enrollment Authorizations?
- A. If they are implemented, participants must readand accept the terms provided in the text before they are able to enroll.
- B. They appear several times if the participant enters self-service multiple times for a single life event.
- C. They appear only the first time that the participant entersself-service enrollment for multiple life events.
- D. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- E. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
Answer: C,D
NEW QUESTION 44
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 plusChild, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
- A. 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..
- B. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- C. 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.
- D. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
Answer: C
NEW QUESTION 45
What are the different types of open enrollment options available under Scheduled tab in program?
- A. Open Scheduled and Unrestricted Scheduled
- B. Open All and Unrestricted All
- C. Open New Hire Enrollment and Unrestricted New Hire Enrollment
- D. Open Enrollment and Open Unrestricted Enrollment
Answer: C
NEW QUESTION 46
Can you upload student and disability status for multiple persons at one time?
- A. No, this option isn't available.
- B. Yes, it can be accomplishedthrough a benefit administrator task.
- C. Yes, it can be accomplished by creating a benefit group.
- D. Yes, it can be accomplished through the spreadsheet loader.
Answer: D
NEW QUESTION 47
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish thisrequirement?
- A. Run the Person Enrollment Summary Report from Benefits Self Service.
- B. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
- C. Run the EnrollmentKit Report from Benefits Self-Service.
- D. Run the Enrollment Kit Report from the Benefits Enrollment work area.
- E. Run the Person Enrollment Summary Report from the Enrollment work area.
Answer: D
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing
NEW QUESTION 48
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 -> administration usage -> self-service description text
- C. Configure plan type grouping display -> administration usage -> self-service description text
- D. Manage enrollment authorization -> self-service usage -> self-service description text
Answer: B
NEW QUESTION 49
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
- A. Standard input Value
- B. Standard Coverage Volume
- C. Standard Rate Value
- D. Standard wash Rule formula
Answer: A
NEW QUESTION 50
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. December 28, 2016
- B. January 31, 2017
- C. January 22, 2017
- D. January 15, 2017
Answer: B
NEW QUESTION 51
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:
- A. Nooption is available for the plan for enrollment.
- B. The employee is not eligible for the enrollment.
- C. No unrestricted event is available for the employee.
- D. No life event is detected.
Answer: C
NEW QUESTION 52
Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?
- A. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
- B. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
- C. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
- D. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
- E. Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.
Answer: E
NEW QUESTION 53
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?
- A. Min = 0, Max = 1
- B. Min = 1, Max - 1
- C. Min = 1, Max = 2
- D. Min = 0, Max = 0
Answer: C
NEW QUESTION 54
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 date on which default benefits assignments are made.
- C. It Is the last day of the open enrollment period.
- D. It is the first day of the open enrollment period.
Answer: C
NEW QUESTION 55
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
- A. This can be achieved via configuration.
- B. This can be achieved via customization only.
- C. This cannot be achieved.
- D. Dependent/Beneficiary designation can only be doneon the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
Answer: A
NEW QUESTION 56
A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?
- A. as of event start date
- B. as of rate start date
- C. as of enrollment start date
- D. as of coverage start date
Answer: A
NEW QUESTION 57
Which two are correct processes regarding performing the Benefits Extractsetup?
- A. Configure plan carrier details and extract options using the Manage Plan Carriers task.
- B. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
- C. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
- D. Extract benefits enrollment information into a single XML file for each plan carrier.
- E. Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.
Answer: A,D
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FAI
NEW QUESTION 58
Can you change the column text of primary and secondary rates onthe Benefit self-service page?
- A. No, a change option is not available in the Configure Grouping Display task.
- B. Yes, a change option is available in the Configure Grouping Displaytask.
- C. Yes, a change option is available in the Enrollment Configuration task.
- D. No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
Answer: B
NEW QUESTION 59
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 when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- C. Waive options are options which do not require any dependent/beneficiary designation.
- D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
Answer: D
NEW QUESTION 60
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