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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Integration | 20% | - Analytics and Dashboards - Integration with HCM Cloud - Security and Access Configuration - Standard Benefits Reports |
| Topic 2: Administering Benefits | 20% | - Benefits Extract and Data Transmission - Benefits Administration Tasks - Rates, Coverage, and Flex Credits - Billing and Court Order Processing |
| Topic 3: Benefits Enrollment Management | 25% | - Self-Service Enrollment Display - Scheduled and Open Enrollment - Dependent and Beneficiary Setup - Collapsing Rules and Event Processing |
| Topic 4: Configuring Benefits | 35% | - Introduction to Oracle Benefits Cloud - Plan and Program Configuration - Life Events and Enrollment Setup - Eligibility Profiles and Derived Factors |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverageplan 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?
- A. 6
- B. 3
- C. 4
- D. 5
Correct Answer: B 🗳️
Which two statements are true about Enrollment Authorizations?
- A. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
- B. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- C. They appear several times if the participant enters self-service multiple times for a single life event.
- D. If they are implemented, participants must readand accept the terms provided in the text before they are able to enroll.
- E. They appear only the first time that the participant entersself-service enrollment for multiple life events.
Correct Answer: B,E 🗳️
Which benefit object must be created prior to creating an option?
- A. Plan Type
- B. Coverage
- C. Plan
- D. Rate
Correct Answer: A 🗳️
Explanation: Only visible for Prep4sures members. You can sign-up / login (it's free).
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. Manage enrollment authorization -> administration usage -> self-service description text
- B. Manage enrollment authorization -> self-service usage -> self-service description text
- C. Configure plan type grouping display -> self-service usage -> self-service description text
- D. Configure plan type grouping display -> administration usage -> self-service description text
Correct Answer: A 🗳️
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employeeplus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?
- A. They should not have enabled the Assign on Default button for the options.
- B. They should have configured an eligibility fast formula
- C. They should have enabled a plan restriction fast formula.
- D. They should have created an Option 3: Coverage Declined.
Correct Answer: C 🗳️
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