Oracle Benefits Cloud 2019 Implementation Essentials (1Z1-1053) Free Practice Test

Question 1

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 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.

B. 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

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 at Option 1, and then attach the same eligibility profile at Option 2.

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.

Correct Answer: A

Question 2

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

A. Open All and Unrestricted All

B. Open Enrollment and Open Unrestricted Enrollment

C. Open Scheduled and Unrestricted Scheduled

D. Open New Hire Enrollment and Unrestricted New Hire Enrollment

Correct Answer: D

Question 3

Which two statements are correct with respect to required action in the eligibility profile?

A. If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.

B. 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.

C. If all profiles are optional, then at least one of the profiles must be satisfied.

D. If all profiles are requited, then at least one of the profiles must be satisfied.

Correct Answer: B

Question 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 is configured as secondary rate and not primary rate.

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

C. The rate is inactive.

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

Correct Answer: C

Question 5

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, 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.

C. 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.

D. A New Hire life event was manually selected.
An Address Change event is yet to be triggered and processed for, the employee.

Correct Answer: B

Question 6

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. 4

B. 3

C. 6

D. 5

Correct Answer: B

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Oracle Benefits Cloud 2019 Implementation Essentials (1Z1-1053) Free Practice Test