Oracle

1z0-1053-22

Oracle Benefits Cloud

2022 Implementation
Professional
Version: Demo

[ Total Questions: 10]

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Pass Exam Oracle - 1z0-1053-22

Question #:1

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

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

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

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

D. 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.

Answer: D

Question #:2

What rate is used for the flex creditprogram to adjust the total cost of the program?

A. Standard Primary Rate

B. Standard Rollover Rate

C. Rollover Rate

D. Standard Secondary Rate

Answer: C

Question #:3

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

A. Open All and Unrestricted All

B. Open Scheduled and Unrestricted Scheduled

C. Open New Hire Enrollment and Unrestricted New Hire Enrollment

D. Open Enrollment and Open Unrestricted Enrollment

Answer: C

Question #:4

Which two are correct processes regarding performing the Benefits Extractsetup?

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Pass Exam Oracle - 1z0-1053-22

A. Configure plan carrier details and extract options using the Manage Plan Carriers task.

B. Extract benefits enrollment information into separate XML files for each plan and plan carrier.

C. Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.

D. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements
task.

E. Extract benefits enrollment information into a single XML file for each plan carrier.

Answer: A E

Explanation
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faihm/benefits-data-extract.html#FAIHM12

Question #:5

Which two are program types when you configure Flex Credits?

A. Other Credits

B. Core

C. Flex

D. Flex Credits and Core

Answer: B D

Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.html#FAIB

Question #:6

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 GlobalDental 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.

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Pass Exam Oracle - 1z0-1053-22

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 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.

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 period start date as of event data. Configure the limitation to minimum 2 years at all three option
levels.

Answer: B

Question #:7

Given:

1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on
January 1, 2015.

2. The Transfer event occurred on January 10, 20lb.

3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set

When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage
event or collapse any events.

Which two are reasons for this?

A. No collapsing rule was set.

B. The process doesn't evaluate other events that occur later than the Marriage event until you decide what
action to take for that event.

C. The employee is not eligible for life events.

D. The Marriage eventoccurred before the Transfer event.

Answer: B

Question #:8

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Pass Exam Oracle - 1z0-1053-22

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 = 1, Max - 1

B. Min = 1, Max = 2

C. Min = 0, Max = 1

D. Min = 0, Max = 0

Answer: B

Question #:9

A company wantsto display the following text on its Benefit Employee Self Service:

“Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase
additional days through the.”

How do you configure this?

A. Configure plan type grouping display -> administration usage -> self-service description text

B. Configure plan type grouping display -> self-service usage -> self-service description text

C. Manage enrollment authorization -> administration usage -> self-service description text

D. Manage enrollment authorization -> self-service usage -> self-service description text

Answer: C

Question #:10

Which object is NOT included in benefit export?

A. Eligibility profile

B. Program configuration

C. Plan notin program configuration

D. Element input values

Answer: D

Explanation

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Pass Exam Oracle - 1z0-1053-22

https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-exports-and-i

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