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Oracle 1z0-1053-22 Oracle Benefits Cloud 2022 Implementation Professional Exam Practice Test

Demo: 9 questions
Total 60 questions
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Oracle Benefits Cloud 2022 Implementation Professional Questions and Answers

Question 1

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

Options:

A.

10

B.

8

C.

12

D.

7

Question 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?

Options:

A.

Standard Rate Value

B.

Standard Coverage Volume

C.

Standard input Value

D.

Standard wash Rule formula

Question 3

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:

Options:

A.

No life event is detected.

B.

Nooption is available for the plan for enrollment.

C.

No unrestricted event is available for the employee.

D.

The employee is not eligible for the enrollment.

Question 4

Which is NOT a valid type of life event?

Options:

A.

Explicit

B.

Temporal

C.

Scheduled

D.

Unrestricted

E.

Restricted

Question 5

The Open life event for a plan was backed out. The benefits administrator reprocessedthe Open life event and found the earlier elections us originally enrolled in the plan.

What is the reason for this status?

Options:

A.

The life event date was different.

B.

The life event was not backed out properly.

C.

The life event reinstatement rule was configured.

D.

The life event was configured for another date.

Question 6

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

Options:

A.

Person Management work area

B.

Plan Configuration work area

C.

Evaluation and Reporting work areas

D.

Payroll Calculation work area

E.

Enrollment and My Information work areas

Question 7

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

Options:

A.

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

B.

If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also be satisfied.

C.

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

Question 8

What are the different types of open enrollment options available under Scheduled tab in program?

Options:

A.

Open All and Unrestricted All

B.

Open Scheduled and Unrestricted Scheduled

C.

Open New Hire Enrollment and Unrestricted New Hire Enrollment

D.

Open Enrollment and Open Unrestricted Enrollment

Question 9

Can you define overspending of a budget pool in flex credit shell plans?

Options:

A.

Yes, you can define it in the spending options.

B.

Yes, you can define it in the standard rates.

C.

Yes, you can define it as per the flex credit formula.

D.

No, you do not have aplace holder.

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Demo: 9 questions
Total 60 questions
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