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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Configuring Benefits | 35% | - Plan and Program Configuration - Introduction to Oracle Benefits Cloud - Life Events and Enrollment Setup - Eligibility Profiles and Derived Factors |
| Reporting and Integration | 20% | - Analytics and Dashboards - Security and Access Configuration - Integration with HCM Cloud - Standard Benefits Reports |
| Administering Benefits | 20% | - Rates, Coverage, and Flex Credits - Billing and Court Order Processing - Benefits Administration Tasks - Benefits Extract and Data Transmission |
| Benefits Enrollment Management | 25% | - Scheduled and Open Enrollment - Collapsing Rules and Event Processing - Dependent and Beneficiary Setup - Self-Service Enrollment Display |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. 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) Extract benefits enrollment information into a single XML file for each plan carrier.
C) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
D) Configure plan carrier details and extract options using the Manage Plan Carriers task.
E) Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.
2. 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 is inactive.
C) The rate activity type for payroll information is configured as employee contribution.
D) The rate is configured as secondary rate and not primary rate.
3. 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 Rate Value
B) Standard input Value
C) Standard wash Rule formula
D) Standard Coverage Volume
4. 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 Marriage event, evaluates the Dependent 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 voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
D) The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.
5. How do you configure the link between the payroll module and benefits?
A) Link the payroll to the plan coverage.
B) Link the element to the plan coverage.
C) Link the element to the plan rate.
D) Link the payroll to the plan salary basis.
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |






