1z0-1053-22 Testking learning materials

[Oct 06, 2022] 1z0-1053-22 Test Engine files, 1z0-1053-22 Dumps PDF

Latest Oracle 1z0-1053-22 PDF and Dumps (2022) Free Exam Questions Answers

QUESTION 17
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:

No life event is detected.

No option is available for the plan for enrollment.

No unrestricted event is available for the employee.

The employee is not eligible for the enrollment.

QUESTION 18
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.

QUESTION 19
What are the different types of open enrollment options available under Scheduled tab in program?

Open All and Unrestricted All

Open Scheduled and Unrestricted Scheduled

Open New Hire Enrollment and Unrestricted New Hire Enrollment

Open Enrollment and Open Unrestricted Enrollment

QUESTION 20
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 21
Which benefit object must be created prior to creating an option?

Rate

Plan Type

Plan

Coverage

QUESTION 22
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 23
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.

QUESTION 24
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 25
The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

The life event date configured for XX Life Program is not 15 March 2017

There is no configuration for open enrollment for the XX Life Program.

A cycle has already run for open enrollment, so no life event date is available.

The benefits administrator has a login from the previous date to that of 15 March 20l7.

QUESTION 26
The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs 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?

The rate amount Is a variable rate for the employee’s legal employer.

The rate amount is of the unit of measure “Money”.

The rate amount is not configured for the employee’s specific legal employer.

The rate amount “Assign on Enrollment” is enabled for five legal entities.

QUESTION 27
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.

QUESTION 28
XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event – Termination?

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Formula” as the enrollment period start date, attaching a customized Enrollment period start date type formula.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Mid of the month” as the enrollment period start date.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Number of Days from the event” as the enrollment period start date and the number field as 15.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with “Formula” as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.

Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with “As of event date” as the enrollment period start date.

QUESTION 29
Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?

Associate the life events with only flexible benefit programs.

Associate the life events only with benefit plans which are not in a program.

Associate the life events only with benefit plans which are in a program.

Associate the life events with benefit plans or program.

Associate the life events only with Core benefit programs.

QUESTION 30
Which is NOT a valid type of life event?

Explicit

Temporal

Scheduled

Unrestricted

Restricted

QUESTION 31
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.

QUESTION 32
Which statement about configuring Designation Requirements is true?

A Designation Requirement can be configured for a plan with no option.

A plan must have multiple options for Designation Requirement to be configured.

A plan must have the waive option for Designation Requirement to be configured.

A Designation Requirement cannot be configured for a plan with no option.

QUESTION 33
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?

On the life event creation page, select “Do not detect past temporal events” as the Temporal Detection Rule.

On the life event creation page, select “Never detect this temporal life event” as the Temporal Detection Rule.

On the life event creation page, select “Do not detect future temporal events” as the Temporal Detection Rule.

On the life event creation page, select “Never detect Past or future temporal events” as the Temporal Detection Rule.

On the life event creation page, select “Do not detect past or future temporal events” as the Temporal Detection Rule.

QUESTION 34
To which two benefits objects can Year Period be attached to?

Program

Plan Type

Plan

Option

QUESTION 35
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.

Pass Your Oracle Benefits Cloud 1z0-1053-22 Exam on Oct 06, 2022 with 62 Questions: https://www.trainingdump.com/Oracle/1z0-1053-22-practice-exam-dumps.html

Tag 1z0-1053-22 Testking learning materials

[Oct 06, 2022] 1z0-1053-22 Test Engine files, 1z0-1053-22 Dumps PDF [Q17-Q35]