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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Administering Benefits | - Manage enrollments & service center tasks - Common administrative tasks - Flex credits and coverage/rates management - Prepare and manage open enrollment |
| Topic 2: Configuring Benefits | - Configure life events - Create benefit plans, programs, groups and eligibility profiles - Enrollment display and configuration - Plan types and options configuration |
| Topic 3: Reporting on Benefits | - Enrollment results and extracts - Extract and transmit data to plan carriers - Benefit reporting basics |
| Topic 4: Benefits Billing and Court Orders | - Configure benefits billing - Manage benefit court orders |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
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 wash Rule formula
- B. Standard Coverage Volume
- C. Standard Rate Value
- D. Standard input Value
Correct Answer: D 🗳️
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 of the current plan year 2017, and the status as Active.
- B. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
- C. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
- D. Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, 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.
Correct Answer: C 🗳️
Which object is NOT included in benefit export?
- A. Eligibility profile
- B. Plan notin program configuration
- C. Element input values
- D. Program configuration
Correct Answer: C 🗳️
Explanation: Only visible for TorrentExam members. You can sign-up / login (it's free).
Which two statements are correct with respect to required action in the eligibility profile?
- A. If all profiles are optional, then at least one of the profiles must be satisfied.
- B. If all profiles are requited, then at least one of the profiles must 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 some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
Correct Answer: C 🗳️
The Open life event for a plan was backed out. The benefits administrator reprocessedthe 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 not backed out properly.
- B. The life event date was different.
- C. The life event was configured for another date.
- D. The life event reinstatement rule was configured.
Correct Answer: D 🗳️
Explanation: Only visible for TorrentExam members. You can sign-up / login (it's free).
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