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Latest Oracle 1z0-1053-22 Free Certification Exam Material with 62 Q&As

UPDATED 1z0-1053-22 Exam Questions Certification Test Engine to PDF

Oracle 1z0-1053-22 Exam Syllabus Topics:

Topic	Details
Topic 1	Set up benefits extracts, extract and transmit data to plan carriers Create benefit plans and programs
Topic 2	Benefits Billing and Court Orders Manage an open enrollment period
Topic 3	Working with Evaluation and Reporting Work area Create eligibility profiles
Topic 4	Prepare for an open enrollment period Manage benefit coverage and rates
Topic 5	Explain benefit reports Create benefits groups
Topic 6	Configure enrollment display Explain collapsing rules

NEW QUESTION 21
Which two are program types when you configure Flex Credits?

Other Credits

Core

Flex

Flex Credits and Core

NEW QUESTION 22
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?

Min = 1, Max – 1

Min = 1, Max = 2

Min = 0, Max = 1

Min = 0, Max = 0

NEW QUESTION 23
Can you define overspending of a budget pool in flex credit shell plans?

Yes, you can define it in the spending options.

Yes, you can define it in the standard rates.

Yes, you can define it as per the flex credit formula.

No, you do not have a place holder.

NEW QUESTION 24
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.

NEW QUESTION 25
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

NEW QUESTION 26
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.

NEW QUESTION 27
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 this requirement?

Run the Person Enrollment Summary Report from the Enrollment work area.

Run the Enrollment Kit Report from the Benefits Enrollment work area.

Run the Person Enrollment Summary Report from Benefits Self Service.

Run the Enrollment Kit Report from Benefits Self-Service.

Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.

NEW QUESTION 28
Your customer wants to create an explicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?

On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.

On the Create Life Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.

On the Create Life Event page under General Information, select the Global check box and add specific legal entities.

On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.

NEW QUESTION 29
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.

NEW QUESTION 30
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

Each occurrence of the life event causes participation evaluation processing to reconsider the plan’s availability for a program.

The amount of deduction from employee pay check for enrollment is varied based on a life event.

Each occurrence of the life event causes participation evaluation processing to reconsider the person’s eligibility for the object.

Life events affect benefits processing for a participant.

NEW QUESTION 31
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.

NEW QUESTION 32
Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.

All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.

All plans can be configured at the plan level.

All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.

NEW QUESTION 33
Which two are correct processes regarding performing the Benefits Extract setup?

Configure plan carrier details and extract options using the Manage Plan Carriers task.

Extract benefits enrollment information into separate XML files for each plan and plan carrier.

Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.

Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.

Extract benefits enrollment information into a single XML file for each plan carrier.

NEW QUESTION 34
Which two statements are true about Enrollment Authorizations?

They appear several times if the participant enters self-service multiple times for a single life event.

If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.

They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.

They appear only the first time that the participant enters self-service enrollment for multiple life events.

They are optional to implement. If implemented, performing the authorization task is optional for the participant.

NEW QUESTION 35
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus 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?

They should have created an Option 3: Coverage Declined.

They should not have enabled the Assign on Default button for the options.

They should have configured an eligibility fast formula

They should have enabled a plan restriction fast formula.

NEW QUESTION 36
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?

Assign individuals to the benefit group using the Manage Person task in the Person Management work area.

Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.

Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.

Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.

Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.

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Latest Oracle 1z0-1053-22 Free Certification Exam Material with 62 Q&As [Q21-Q36]

Oracle 1z0-1053-22 Exam Syllabus Topics: