NEW 2022 Certification Sample Questions 1Z0-1053-21 Dumps & Practice Exam
1Z0-1053-21 Deluxe Study Guide with Online Test Engine
NEW QUESTION 12
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 Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
- C. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
- D. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
Answer: B
NEW QUESTION 13
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 14
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 enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- B. 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.
- C. 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.
- 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 15
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 l of the upcoming plan year 7018, and the status as Pending.
- 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 sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
- E. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
Answer: B
NEW QUESTION 16
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. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 17
Yourcustomer 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?
- A. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
- B. On the life event creation page, select "Do not detect future temporal events" as the Temporal DetectionRule.
- C. On the life event creation page, select "Do not detect past temporal events"as the Temporal Detection Rule.
- D. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
- E. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
Answer: B
NEW QUESTION 18
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. January 22, 2017
- B. January 15, 2017
- C. January 31, 2017
- D. December 28, 2016
Answer: C
NEW QUESTION 19
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?
- A. A cycle has already run for open enrollment, so no life event date is available.
- B. The benefits administrator has a login from the previous date to that of 15 March 20l7.
- C. There is no configuration for open enrollment for theXX Life Program.
- D. The life event date configured for XX Life Program is not 15 March 2017
Answer: B
NEW QUESTION 20
How do you set up a Termination life event to end coverage at the end of the month?
- A. Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month - B. Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month - C. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month - D. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month
Answer: D
NEW QUESTION 21
Which two statements are true about Enrollment Authorizations?
- A. They appear only the first time that the participant entersself-service enrollment for multiple life events.
- B. If they are implemented, participants must readand 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 mandatory for the participant.
- D. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- E. They appear several times if the participant enters self-service multiple times for a single life event.
Answer: A,D
NEW QUESTION 22
Which two are correct processes regarding performing the Benefits Extractsetup?
- A. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
- B. Configure plan carrier details and extract options using the Manage Plan Carriers task.
- C. Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.
- D. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
- E. Extract benefits enrollment information into a single XML file for each plan carrier.
Answer: B,E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FAI
NEW QUESTION 23
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 andBenefit Groups task in the Enrollment work area.
- B. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
- C. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration 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 Person Management work area.
Answer: A
NEW QUESTION 24
Which statement about Waive options is true?
- A. Waive options are options which do not require any dependent/beneficiary designation.
- 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 used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
- D. 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.
Answer: C
NEW QUESTION 25
The reinstatement rule enables you to restore elections during which two events?
- A. The open event was backed out by the administrator from the Benefits Service Center.
- B. An intervening life event backed out the open event.
- C. The intervening life event activated the open event.
- D. The open event was accidentally backed out.
Answer: B,D
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 26
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when a default enrollment is processed
- B. when an electable choice is saved as a part of self-service enrollment
- C. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- D. after the Evaluate Life Events batch process is completed successfully
- E. after the Close Enrollment process hascompleted
Answer: B,C,D
NEW QUESTION 27
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 -> administration usage -> self-service description text
- B. Manage enrollment authorization -> self-service usage -> self-service description text
- C. Manage enrollment authorization -> administration usage -> self-service description text
- D. Configure plan type grouping display -> self-service usage -> self-service description text
Answer: C
NEW QUESTION 28
Which two statements are correct with respect to required action in the eligibility profile?
- A. If all profiles are requited, then at least one of the profiles must be satisfied.
- B. If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
- C. 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.
- D. If all profiles are optional, then at least one of the profiles must be satisfied.
Answer: C
NEW QUESTION 29
Which three areas contain tasks to prepare for an open enrollment period?
- A. Person Management work area
- B. Payroll Calculation work area
- C. Evaluation and Reporting work areas
- D. Enrollment and My Information work areas
- E. Plan Configuration work area
Answer: C,D,E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollmen
NEW QUESTION 30
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 31
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 and attach this to both the plans.
- B. 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..
- C. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- D. 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.
Answer: D
NEW QUESTION 32
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