Updated Feb 28, 2023 Verified 1z0-1053-22 dumps Q&As - 100% Pass [Q10-Q24]

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Updated Feb 28, 2023 Verified 1z0-1053-22 dumps Q&As – 100% Pass

New 2023 Latest Questions 1z0-1053-22 Dumps – Use Updated Oracle Exam

NO.10 How do you configure the link between the payroll module and benefits?

Link the element to the plan rate.

Link the element to the plan coverage.

Link the payroll to the plan salary basis.

Link the payroll to the plan coverage.

NO.11 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?

It is the effective date of the open event and the date on which eligibility is evaluated.

It is the date on which default benefits assignments are made.

It Is the last day of the open enrollment period.

It is the first day of the open enrollment period.

NO.12 Which two are correct processes regarding performing the Benefits Extract setup?

Configure plan carrier details and extract options using the Manage Plan Carriers task.

Extract benefits enrollment information into separate XML files for each plan and plan carrier.

Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.

Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.

Extract benefits enrollment information into a single XML file for each plan carrier.

NO.13 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?

Min = 1, Max – 1

Min = 1, Max = 2

Min = 0, Max = 1

Min = 0, Max = 0

NO.14 Can you upload student and disability status for multiple persons at one time?

Yes, it can be accomplished through a benefit administrator task.

Yes, it can be accomplished by creating a benefit group.

Yes, it can be accomplished through the spreadsheet loader.

No, this option isn’t available.

NO.15 You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company’s plan?

Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.

Configure a secondary rate with the calculation method as Multiple of Coverage.

Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.

Configure a primary rate with the calculation method as Multiple of Coverage.

NO.16 Which two statements are correct with respect to required action in the eligibility profile?

If all profiles are requited, then at least one of the profiles must be satisfied.

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.

If all profiles are optional, then at least one of the profiles must be satisfied.

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.

NO.17 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?

Run the Person Enrollment Summary Report from the Enrollment work area.

Run the Enrollment Kit Report from the Benefits Enrollment work area.

Run the Person Enrollment Summary Report from Benefits Self Service.

Run the Enrollment Kit Report from Benefits Self-Service.

Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.

NO.18 What rate is used for the flex credit program to adjust the total cost of the program?

Standard Primary Rate

Standard Rollover Rate

Rollover Rate

Standard Secondary Rate

NO.19 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?

Configure plan type grouping display -> administration usage -> self-service description text

Configure plan type grouping display -> self-service usage -> self-service description text

Manage enrollment authorization -> administration usage -> self-service description text

Manage enrollment authorization -> self-service usage -> self-service description text

NO.20 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?

Associate the life events with only flexible benefit programs.

Associate the life events only with benefit plans which are not in a program.

Associate the life events only with benefit plans which are in a program.

Associate the life events with benefit plans or program.

Associate the life events only with Core benefit programs.

NO.21 Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?

Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.

Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,

Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.

Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.

Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.

NO.22 Which statement about configuring Designation Requirements is true?

A Designation Requirement can be configured for a plan with no option.

A plan must have multiple options for Designation Requirement to be configured.

A plan must have the waive option for Designation Requirement to be configured.

A Designation Requirement cannot be configured for a plan with no option.

NO.23 A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?

as of rate start date

as of coverage start date

as of event start date

as of enrollment start date

NO.24 Can you change the column text of primary and secondary rates on the Benefit self-service page?

No, a change option is not available in the Configure Grouping Display task.

Yes, a change option is available in the Enrollment Configuration task.

Yes, a change option is available in the Configure Grouping Display task.

No, a change option is available in the Configure Grouping Display task, but it doesn’t allow a text change.

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Updated Feb 28, 2023 Verified 1z0-1053-22 dumps Q&As – 100% Pass [Q10-Q24]

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