Updated Free Oracle 1Z0-1053-20 Test Engine Questions with 60 Q&As
The Best Oracle Benefits Cloud 1Z0-1053-20 Professional Exam Questions
The benefit of obtaining the Oracle Benefits Cloud 2020 Implementation Essentials 1z0-1053-20 Exam Certification
1z0-1053-20 certified candidates will be getting more opportunities in terms of getting additional roles and responsibility within the company.
1z0-1053-20 certified individuals use to get more demands in terms of job or opportunity because most of the time recruiters use to give preference to the certified individuals rather than thinking for the non-certified.
1z0-1053-20 certified professionals would able to have good project delivery because they are trained and knowing how to use all the tools.
1z0-1053-20 Exam would be providing good grace for the participant in terms of seeking monetary growth.
Digital badge would be issued to every participant from oracle which participants can put on their resume and surely this would be bringing lots of recruiters to their profile.
NEW QUESTION 32
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
- A. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan
- B. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
- C. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
- D. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
Answer: B
NEW QUESTION 33
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when an electable choice is saved as a part of self-service enrollment
- B. after the Evaluate Life Events batch process is completed successfully
- C. after the Close Enrollment process has completed
- D. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- E. when a default enrollment is processed
Answer: A,B,D
NEW QUESTION 34
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 Coverage Volume
- B. Standard wash Rule formula
- C. Standard Rate Value
- D. Standard input Value
Answer: D
NEW QUESTION 35
Which statement about configuring Designation Requirements is true?
- A. A plan must have the waive option for Designation Requirement to be configured.
- B. A Designation Requirement cannot be configured for a plan with no option.
- C. A plan must have multiple options for Designation Requirement to be configured.
- D. A Designation Requirement can be configured for a plan with no option.
Answer: C
NEW QUESTION 36
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. The life event date configured for XX Life Program is not 15 March 2017
- B. There is no configuration for open enrollment for the XX Life Program.
- C. The benefits administrator has a login from the previous date to that of 15 March 20l7.
- D. A cycle has already run for open enrollment, so no life event date is available.
Answer: C
NEW QUESTION 37
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?
- A. They should have configured an eligibility fast formula
- B. They should have created an Option 3: Coverage Declined.
- C. They should not have enabled the Assign on Default button for the options.
- D. They should have enabled a plan restriction fast formula.
Answer: D
NEW QUESTION 38
Can you change the column text of primary and secondary rates on the Benefit self-service page?
- A. No, a change option is not available in the Configure Grouping Display task.
- B. Yes, a change option is available in the Enrollment Configuration task.
- C. No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
- D. Yes, a change option is available in the Configure Grouping Display task.
Answer: D
NEW QUESTION 39
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 Global Dental 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 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.
- C. 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.
- 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 40
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?
- A. The life event was configured for another date.
- B. The life event reinstatement rule was configured.
- C. The life event was not backed out properly.
- D. The life event date was different.
Answer: B
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
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 = 1, Max = 2
- C. Min = 0, Max = 0
- D. Min = 1, Max - 1
Answer: B
NEW QUESTION 42
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: A
NEW QUESTION 43
A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?
- A. A New Hire life event was manually selected.
An Address Change event was triggered for the person and participation evaluation processing was evaluated. - B. A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee. - C. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.
- D. A New Hire life event was manually selected.
An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.
Answer: C
NEW QUESTION 44
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 l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
- B. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
- C. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
- D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
Answer: D
NEW QUESTION 45
Which statement about Waive options is true?
- A. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- B. 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.
- C. Waive options are options which do not require any dependent/beneficiary designation.
- D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
Answer: D
NEW QUESTION 46
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 life event had expired.
- D. The number of proximity days was specified as 20.
Answer: B
NEW QUESTION 47
Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?
- A. All plans can be configured at the plan level.
- B. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
- C. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
- D. All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
Answer: B
NEW QUESTION 48
......
Oracle Benefits Cloud 2020 Implementation Essentials 1z0-1053-20 Certification Path
The 1z0-1053-20 Certification is basic level certification organized by Oracle mainly focussing on the area of configuration and implementation of Oracle HCM Cloud Benefits Service solutions. There is no prerequisite for this exam. Anyone who has the determination of learning about Cloud 2020 Implementation Essentials can prepare and appear for this exam.
There is the beginning of Oracle Benefits Cloud 2020 Implementation Essentials 1z0-1053-20 Exam Certification
You May Know About Oracle Benefits Cloud 2020 Implementation Essentials 1z0-1053-20 Exam Certification
Oracle Benefits Cloud 2020 Implementation Essentials 1z0-1053-20 Exam Certification: Take the quick guide if you don’t have time to read all the pages
Oracle offers the most encompassing, up-to-date, and sought after global training and certification program for IT professionals.
Certification is evidence of your skills, expertise in those areas in which you like to work. If the candidate wants to work on 1z0-1053-20 and prove his knowledge, Certification offered by Oracle. This 1z0-1053-20 Certification helps a candidate to validates his skills in Oracle HCM Cloud Benefits Service solutions.
In this guide, we will cover the 1z0-1053-20 Exam, 1z0-1053-20 Certified professional salary and all aspects of the 1z0-1053-20 Certification.
Try 100% Updated 1Z0-1053-20 Exam Questions [2021]: https://www.freepdfdump.top/1Z0-1053-20-valid-torrent.html
