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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Can you define overspending of a budget pool in flex credit shell plans?

A. Yes, you can define it in the standard rates.
B. Yes, you can define it in the spending options.
C. No, you do not have aplace holder.
D. Yes, you can define it as per the flex credit formula.

Question 2

XX Lifeinsurance 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 one derived factor. Create an eligibility profileand configure the derived factor under the eligibility profile. Then attach the eligibility profile 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 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.
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.

Question 3

An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

A. The employee is not eligible for the enrollment.
B. Nooption is available for the plan for enrollment.
C. No life event is detected.
D. No unrestricted event is available for the employee.

Question 4

Which is NOT a derivedfactor type?

A. Full-Time Equivalent
B. Compensation
C. Grade
D. Hours Worked

Question 5

Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

A. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
B. All plans in 3 plan type can be displayed on different trainstops as groupings are done at the program level.
C. All plans can be configured at the plan level.
D. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.

Solutions: