Based on Official Syllabus Topics of Actual Oracle 1z0-1053-22 Exam
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NEW QUESTION 21
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?
- A. Configure plan type grouping display -> administration usage -> self-service description text
- B. Manage enrollment authorization -> administration usage -> self-service description text
- C. Configure plan type grouping display -> self-service usage -> self-service description text
- D. Manage enrollment authorization -> self-service usage -> self-service description text
Answer: B
NEW QUESTION 22
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 enrollment start date
- B. as of coverage start date
- C. as of rate start date
- D. as of event start date
Answer: D
NEW QUESTION 23
How do you configure the link between the payroll module and benefits?
- A. Link the element to the plan rate.
- B. Link the payroll to the plan coverage.
- C. Link the element to the plan coverage.
- D. Link the payroll to the plan salary basis.
Answer: A
NEW QUESTION 24
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?
- A. 0
- B. 32.5
- C. 1
- D. 2
Answer: D
NEW QUESTION 25
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?
- A. The number of proximity days was specified as 0.
- B. The number of proximity days was specified as 15.
- C. The number of proximity days was specified as 20.
- D. The life event had expired.
Answer: B
NEW QUESTION 26
How many life events can be included in a collapsing rule?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 27
Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?
- A. Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.
- B. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
- C. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
- D. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
- E. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
Answer: B
NEW QUESTION 28
Which two are correct processes regarding performing the Benefits Extract setup?
- A. Configure plan carrier details and extract options using the Manage Plan Carriers task.
- B. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
- C. Extract benefits enrollment information into a single XML file for each plan carrier.
- D. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
- E. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
Answer: A,C
Explanation:
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FAIHM1284833
NEW QUESTION 29
Which object is NOT included in benefit export?
- A. Plan not in program configuration
- B. Program configuration
- C. Eligibility profile
- D. Element input values
Answer: D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-exports-and-imports.html#FAIBF1020137
NEW QUESTION 30
A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?
- A. Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
- B. Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
- C. Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
- D. Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
Answer: A
NEW QUESTION 31
Can you upload student and disability status for multiple persons at one time?
- A. Yes, it can be accomplished by creating a benefit group.
- B. Yes, it can be accomplished through the spreadsheet loader.
- C. Yes, it can be accomplished through a benefit administrator task.
- D. No, this option isn't available.
Answer: B
NEW QUESTION 32
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 Rate Value
- C. Standard wash Rule formula
- D. Standard Coverage Volume
Answer: A
NEW QUESTION 33
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?
- A. Associate the life events with only flexible benefit programs.
- B. Associate the life events with benefit plans or program.
- C. Associate the life events only with Core benefit programs.
- D. Associate the life events only with benefit plans which are in a program.
- E. Associate the life events only with benefit plans which are not in a program.
Answer: B
NEW QUESTION 34
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. after the Evaluate Life Events batch process is completed successfully
- B. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- C. after the Close Enrollment process has completed
- D. when a default enrollment is processed
- E. when an electable choice is saved as a part of self-service enrollment
Answer: A,B,E
NEW QUESTION 35
Which two statements are true about Enrollment Authorizations?
- A. They appear several times if the participant enters self-service multiple times for a single life event.
- B. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
- C. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- D. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
- E. They appear only the first time that the participant enters self-service enrollment for multiple life events.
Answer: C,E
NEW QUESTION 36
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?
- A. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
- B. This requirement can be completely achieved with configuration only.
- C. This requirement cannot be achieved in the current system offerings.
- D. This requirement can be achieved through customization only.
Answer: C
NEW QUESTION 37
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?
- A. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
- B. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
- C. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
- D. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
Answer: D
NEW QUESTION 38
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 Habits and Benefit Groups task in the Enrollment work area.
- B. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
- C. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
- D. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
- E. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
Answer: A
NEW QUESTION 39
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?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 40
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?
- A. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
- B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
- C. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
- D. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
- E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
Answer: A
NEW QUESTION 41
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 = 0, Max = 0
- C. Min = 1, Max = 2
- D. Min = 1, Max - 1
Answer: C
NEW QUESTION 42
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