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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Administering Benefits | 20% | - Rates, Coverage, and Flex Credits - Billing and Court Order Processing - Benefits Extract and Data Transmission - Benefits Administration Tasks |
| Topic 2: Benefits Enrollment Management | 25% | - Collapsing Rules and Event Processing - Scheduled and Open Enrollment - Self-Service Enrollment Display - Dependent and Beneficiary Setup |
| Topic 3: Reporting and Integration | 20% | - Security and Access Configuration - Analytics and Dashboards - Standard Benefits Reports - Integration with HCM Cloud |
| Topic 4: Configuring Benefits | 35% | - Life Events and Enrollment Setup - Eligibility Profiles and Derived Factors - Introduction to Oracle Benefits Cloud - Plan and Program Configuration |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. 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 employee is not eligible for life events.
C) The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
D) The Marriage eventoccurred before the Transfer event.
2. Which statement about configuring Designation Requirements is true?
A) A plan must have multiple options for Designation Requirement to be configured.
B) A plan must have the waive option for Designation Requirement to be configured.
C) A Designation Requirement can be configured for a plan with no option.
D) A Designation Requirement cannot be configured for a plan with no option.
3. 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) A cycle has already run for open enrollment, so no life event date is available.
B) The life event date configured for XX Life Program is not 15 March 2017
C) There is no configuration for open enrollment for theXX Life Program.
D) The benefits administrator has a login from the previous date to that of 15 March 20l7.
4. 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) Manage enrollment authorization -> administration usage -> self-service description text
B) Manage enrollment authorization -> self-service usage -> self-service description text
C) Configure plan type grouping display -> self-service usage -> self-service description text
D) Configure plan type grouping display -> administration usage -> self-service description text
5. Which three are correct methods by which enrollment results can be created and made available for viewing?
A) after the Close Enrollment process hascompleted
B) when a default enrollment is processed
C) when an electable choice is saved as a part of self-service enrollment
D) when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
E) after the Evaluate Life Events batch process is completed successfully
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C,D,E |


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