Pass4itsure > Oracle > Oracle Certifications > 1Z0-1053-22 > 1Z0-1053-22 Online Practice Questions and Answers

1Z0-1053-22 Online Practice Questions and Answers

Questions 4

An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option's rate amount isn't displayed in the total summary section on the right side of the page.

Which is a reason for this problem?

A. The rate activity type for payroll information is configured as cost.

B. The rate activity type for payroll information is configured as employee contribution.

C. The rate is configured as secondary rate and not primary rate.

D. The rate is inactive.

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Questions 5

What rate is used for the flex creditprogram to adjust the total cost of the program?

A. Standard Primary Rate

B. Standard Rollover Rate

C. Rollover Rate

D. Standard Secondary Rate

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Questions 6

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 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 appear only the first time that the participant entersself-service enrollment for multiple life events.

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

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Questions 7

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

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

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

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

D. Life eventsaffect benefits processing for a participant.

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Questions 8

XX Global Health Plan has multiple options attached.

1.

Option i: XX Annual Health Insurance

2.

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?

A. Configure Termination as a Lifeevent 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.

B. 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.

C. 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.

D. 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.

E. Configure Termination as a Life event underthe Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.

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Questions 9

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

A. Open All and Unrestricted All

B. Open Scheduled and Unrestricted Scheduled

C. Open New Hire Enrollment and Unrestricted New Hire Enrollment

D. Open Enrollment and Open Unrestricted Enrollment

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Questions 10

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. Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.

D. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.

E. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.

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Questions 11

Which three areas contain tasks to prepare for an open enrollment period?

A. Person Management work area

B. Plan Configuration work area

C. Evaluation and Reporting work areas

D. Payroll Calculation work area

E. Enrollment and My Information work areas

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Questions 12

Which is NOT a valid type of life event?

A. Explicit

B. Temporal

C. Scheduled

D. Unrestricted

E. Restricted

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Questions 13

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 can be achieved through customization only.

B. This requirement can be completely achieved with configuration only.

C. This requirement cannot be achieved with configurations, and would require custom Fast Formula.

D. This requirement cannot be achieved in the current system offerings.

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Exam Code: 1Z0-1053-22
Exam Name: Oracle Benefits Cloud 2022 Implementation Professional
Last Update: Jan 11, 2025
Questions: 60
10%OFF Coupon Code: SAVE10

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