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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Administering Benefits | 20% | - Benefits Administration Tasks - Benefits Extract and Data Transmission - Rates, Coverage, and Flex Credits - Billing and Court Order Processing |
| Reporting and Integration | 20% | - Standard Benefits Reports - Integration with HCM Cloud - Security and Access Configuration - Analytics and Dashboards |
| Benefits Enrollment Management | 25% | - Collapsing Rules and Event Processing - Self-Service Enrollment Display - Scheduled and Open Enrollment - Dependent and Beneficiary Setup |
| Configuring Benefits | 35% | - Introduction to Oracle Benefits Cloud - Life Events and Enrollment Setup - Eligibility Profiles and Derived Factors - Plan and Program Configuration |
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. Which two are correct processes regarding performing the Benefits Extractsetup?
A) Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.
B) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
C) Configure plan carrier details and extract options using the Manage Plan Carriers task.
D) Extract benefits enrollment information into a single XML file for each plan carrier.
E) Extract benefits enrollment information into separate XML files for each plan and plan carrier.
2. Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
A) Standard Rate Value
B) Standard Coverage Volume
C) Standard input Value
D) Standard wash Rule formula
3. Which is NOT a derivedfactor type?
A) Full-Time Equivalent
B) Compensation
C) Hours Worked
D) Grade
4. Which three are correct methods by which enrollment results can be created and made available for viewing?
A) after the Evaluate Life Events batch process is completed successfully
B) when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
C) when an electable choice is saved as a part of self-service enrollment
D) when a default enrollment is processed
E) after the Close Enrollment process hascompleted
5. 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) Nooption is available for the plan for enrollment.
B) No life event is detected.
C) No unrestricted event is available for the employee.
D) The employee is not eligible for the enrollment.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A,B,C | Question # 5 Answer: C |
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