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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. 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?

A) 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.
B) 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.
C) 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.
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.

2. How do you set up a Termination life event to end coverage at the end of the month?

A) Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month
B) Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month
C) Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month
D) Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month

3. 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 first day of the open enrollment period.
C) It is the date on which default benefits assignments are made.
D) It Is the last day of the open enrollment period.

4. 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?

A) New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
B) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
C) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
D) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

5. Which object is NOT included in benefit export?

A) Program configuration
B) Eligibility profile
C) Plan notin program configuration
D) Element input values

Solutions: