[Nov 26, 2021] 1Z0-1053-20 Practice Exam Dumps - 99% Marks In Oracle Exam [Q14-Q39]

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[Nov 26, 2021] 1Z0-1053-20 Practice Exam Dumps - 99% Marks In Oracle Exam

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How much Oracle Benefits Cloud 2020 Implementation Essentials 1z0-1053-20 Exam cost

Oracle Benefits Cloud 2020 Implementation Essentials 1z0-1053-20 exam cost is 150 USD.

NEW QUESTION 14
Which two are program types when you configure Flex Credits?

  • A. Other Credits
  • B. Flex Credits and Core
  • C. Core
  • D. Flex

Answer: B,C

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

 

NEW QUESTION 15
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 Benefits Self-Service.
  • C. Run the Person Enrollment Summary Report from Benefits Self Service.
  • D. Run the Person Enrollment Summary Report from the Enrollment work area.
  • E. Run the Enrollment Kit Report from the Benefits Enrollment work area.

Answer: E

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

 

NEW QUESTION 16
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. The life event date configured for XX Life Program is not 15 March 2017
  • B. There is no configuration for open enrollment for the XX Life Program.
  • C. The benefits administrator has a login from the previous date to that of 15 March 20l7.
  • D. A cycle has already run for open enrollment, so no life event date is available.

Answer: C

 

NEW QUESTION 17
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 activity type for payroll information is configured as cost.
  • B. The rate activity type for payroll information is configured as employee contribution.
  • C. The rate is configured as secondary rate and not primary rate.
  • D. The rate is inactive.

Answer: D

 

NEW QUESTION 18
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

  • A. The number of train stops can be configured.
  • B. 0
  • C. 1
  • D. 2

Answer: A

 

NEW QUESTION 19
Which statement about configuring Designation Requirements is true?

  • A. A plan must have the waive option for Designation Requirement to be configured.
  • B. A Designation Requirement cannot be configured for a plan with no option.
  • C. A plan must have multiple options for Designation Requirement to be configured.
  • D. A Designation Requirement can be configured for a plan with no option.

Answer: C

 

NEW QUESTION 20
Which three are correct methods by which enrollment results can be created and made available for viewing?

  • A. when an electable choice is saved as a part of self-service enrollment
  • B. after the Evaluate Life Events batch process is completed successfully
  • C. after the Close Enrollment process has completed
  • D. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
  • E. when a default enrollment is processed

Answer: A,B,D

 

NEW QUESTION 21
How do you set up a Termination life event to end coverage at the end of the month?

  • A. Coverage and Rate Date Ranges:
    Coverage Start Date: First of the Next Month
    Previous Coverage End Date: End of the Month
  • B. Coverage and Rate Date Ranges:
    Coverage Start Date: First of the Month
    Previous Coverage End Date: End of the Month
  • C. Coverage and Rate Date Ranges:
    Coverage Start Date: End of the Month
    Previous Coverage End Date: First of the Next Month
  • D. Coverage and Pate Date Ranges:
    Coverage Start Date: End of the Month
    Previous Coverage End Date: End of the Month

Answer: A

 

NEW QUESTION 22
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 runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
  • B. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
  • C. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
  • D. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.

Answer: C

 

NEW QUESTION 23
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 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.
  • B. 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.
  • C. 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.
  • D. 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.

Answer: A

 

NEW QUESTION 24
How many life events can be included in a collapsing rule?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: D

 

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

Answer: D

 

NEW QUESTION 26
Can you upload student and disability status for multiple persons at one time?

  • A. Yes, it can be accomplished through a benefit administrator task.
  • B. Yes, it can be accomplished by creating a benefit group.
  • C. Yes, it can be accomplished through the spreadsheet loader.
  • D. No, this option isn't available.

Answer: C

 

NEW QUESTION 27
Which object is NOT included in benefit export?

  • A. Element input values
  • B. Plan not in program configuration
  • C. Eligibility profile
  • D. Program configuration

Answer: A

Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-export

 

NEW QUESTION 28
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 = 0, Max = 1
  • B. Min = 1, Max = 2
  • C. Min = 0, Max = 0
  • D. Min = 1, Max - 1

Answer: B

 

NEW QUESTION 29
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

  • A. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
  • B. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
  • C. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
  • D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
  • E. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.

Answer: D

 

NEW QUESTION 30
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 Global Dental 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.
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 period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
  • 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 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.

Answer: D

 

NEW QUESTION 31
A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

  • A. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
  • B. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
  • C. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
  • D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Answer: D

 

NEW QUESTION 32
Which statement about Waive options is true?

  • A. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
  • B. 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.
  • C. Waive options are options which do not require any dependent/beneficiary designation.
  • D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

Answer: D

 

NEW QUESTION 33
To which two benefits objects can Year Period be attached to?

  • A. Option
  • B. Program
  • C. Plan
  • D. Plan Type

Answer: A,D

Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm

 

NEW QUESTION 34
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 "Mid of the month" as the enrollment period start date.
  • 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
    "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
  • 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
    "Number of Days from the event" as the enrollment period start date and the number field as 15.

Answer: D

 

NEW QUESTION 35
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. The Timeliness 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. The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
  • B. The employee is not eligible for life events.
  • C. The Marriage event occurred before the Transfer event.
  • D. No collapsing rule was set.

Answer: A

 

NEW QUESTION 36
Which two statements are correct with respect to required action in the eligibility profile?

  • A. 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.
  • B. If all profiles are optional, then at least one of the profiles must be satisfied.
  • C. If all profiles are requited, then at least one of the profiles must be satisfied.
  • D. 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.

Answer: A

 

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 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
  • B. 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.
  • 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.
  • 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.

Answer: B

 

NEW QUESTION 38
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