Get Special Discount Offer of 1z0-1053-22 Certification Exam Sample Questions and Answers [Q25-Q45]

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New 1z0-1053-22 Dumps For Preparing Oracle Benefits Cloud Certified Oracle Exam Well

NEW QUESTION 25
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?

  • A. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
  • B. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
  • C. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
  • D. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
  • E. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.

Answer: B

 

NEW QUESTION 26
When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

  • A. It is the effective date of the open event and the date on which eligibility is evaluated.
  • B. It is the date on which default benefits assignments are made.
  • C. It Is the last day of the open enrollment period.
  • D. It is the first day of the open enrollment period.

Answer: C

 

NEW QUESTION 27
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 some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also 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

 

NEW QUESTION 28
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

  • A. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
  • B. This requirement can be achieved through customization only.
  • C. This requirement can be completely achieved with configuration only.
  • D. This requirement cannot be achieved in the current system offerings.

Answer: D

 

NEW QUESTION 29
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

  • A. Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
  • B. Life events affect benefits processing for a participant.
  • C. The amount of deduction from employee pay check for enrollment is varied based on a life event.
  • D. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.

Answer: A,B

Explanation:
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm

 

NEW QUESTION 30
Can you change the column text of primary and secondary rates on the Benefit self-service page?

  • A. No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
  • B. No, a change option is not available in the Configure Grouping Display task.
  • C. Yes, a change option is available in the Enrollment Configuration task.
  • D. Yes, a change option is available in the Configure Grouping Display task.

Answer: D

 

NEW QUESTION 31
The Open life event for a plan was backed out. The benefits administrator reprocessed the 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 configured for another date.
  • B. The life event was not backed out properly.
  • C. The life event reinstatement rule was configured.
  • D. The life event date was different.

Answer: C

Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

 

NEW QUESTION 32
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

  • A. They should have created an Option 3: Coverage Declined.
  • B. They should not have enabled the Assign on Default button for the options.
  • C. They should have enabled a plan restriction fast formula.
  • D. They should have configured an eligibility fast formula

Answer: C

 

NEW QUESTION 33
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

  • A. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
  • B. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
  • C. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
  • D. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.

Answer: D

 

NEW QUESTION 34
Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?

  • A. Associate the life events only with benefit plans which are in a program.
  • B. Associate the life events only with Core benefit programs.
  • C. Associate the life events with benefit plans or program.
  • D. Associate the life events with only flexible benefit programs.
  • E. Associate the life events only with benefit plans which are not in a program.

Answer: C

 

NEW QUESTION 35
Which statement about Waive options is true?

  • A. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
  • B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
  • C. Waive options are options which do not require any dependent/beneficiary designation.
  • D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Answer: B

 

NEW QUESTION 36
XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?

  • A. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event" as the enrollment period start date and the number field as 15.
  • B. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
  • C. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.
  • D. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
  • E. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.

Answer: D

 

NEW QUESTION 37
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 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.
  • B. 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.
  • 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 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

Answer: C

 

NEW QUESTION 38
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?

  • A. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
  • B. Run the Enrollment Kit Report from the Benefits Enrollment work area.
  • C. Run the Person Enrollment Summary Report from the Enrollment work area.
  • D. Run the Person Enrollment Summary Report from Benefits Self Service.
  • E. Run the Enrollment Kit Report from Benefits Self-Service.

Answer: B

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728

 

NEW QUESTION 39
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

  • A. 0
  • B. 32.5
  • C. 1
  • D. 2

Answer: A

 

NEW QUESTION 40
A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

  • A. Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
  • B. Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
  • C. Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
  • D. Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Answer: C

 

NEW QUESTION 41
A company wants to 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 -> self-service usage -> self-service description text
  • B. Configure plan type grouping display -> administration 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

 

NEW QUESTION 42
A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?

  • A. The number of proximity days was specified as 15.
  • B. The number of proximity days was specified as 0.
  • C. The number of proximity days was specified as 20.
  • D. The life event had expired.

Answer: A

 

NEW QUESTION 43
How many life events can be included in a collapsing rule?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: A

 

NEW QUESTION 44
Which three areas contain tasks to prepare for an open enrollment period?

  • A. Enrollment and My Information work areas
  • B. Evaluation and Reporting work areas
  • C. Payroll Calculation work area
  • D. Plan Configuration work area
  • E. Person Management work area

Answer: A,B,D

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollment.html#FACMB1107266

 

NEW QUESTION 45
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