View All 1z0-1053-22 Actual Exam Questions Answers and Explanations for Free May-2023 [Q34-Q52]

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View All 1z0-1053-22 Actual Exam Questions Answers and Explanations for Free May-2023

The Most In-Demand Oracle 1z0-1053-22 Pass Guaranteed Quiz 

Oracle 1z0-1053-22 Exam Syllabus Topics:

Topic Details
Topic 1
  • Configure enrollment display
  • Explain collapsing rules
Topic 2
  • Set up benefits extracts, extract and transmit data to plan carriers
  • Create benefit plans and programs
Topic 3
  • Prepare for an open enrollment period
  • Manage benefit coverage and rates
Topic 4
  • Manage benefit year periods, plan types, and options
  • Configure life events
Topic 5
  • Working with Evaluation and Reporting Work area
  • Create eligibility profiles
Topic 6
  • Explain benefit reports
  • Create benefits groups
Topic 7
  • Manage Enrollments- Benefits Service Center
  • Explain common administrative tasks

 

Q34. A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

 
 
 
 

Q35. The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can’t the employee see the assigned rate amount?

 
 
 
 

Q36. An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

 
 
 
 

Q37. Which object is NOT included in benefit export?

 
 
 
 

Q38. 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?

 
 
 
 

Q39. Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

 
 
 
 

Q40. Can you change the column text of primary and secondary rates on the Benefit self-service page?

 
 
 
 

Q41. Which three are change opportunities an organization can implement during Open Enrollment?

 
 
 
 
 

Q42. 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?

 
 
 
 

Q43. 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?

 
 
 
 
 

Q44. 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?

 
 
 
 

Q45. What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

 
 
 
 

Q46. Which benefit object must be created prior to creating an option?

 
 
 
 

Q47. Can you upload student and disability status for multiple persons at one time?

 
 
 
 

Q48. Which is NOT a valid type of life event?

 
 
 
 
 

Q49. To which two benefits objects can Year Period be attached to?

 
 
 
 

Q50. 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?

 
 
 
 

Q51. 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?

 
 
 
 

Q52. A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?

 
 
 
 

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