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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting on Benefits | - Benefit reporting basics - Enrollment results and extracts - Extract and transmit data to plan carriers |
| Administering Benefits | - Common administrative tasks - Manage enrollments & service center tasks - Prepare and manage open enrollment - Flex credits and coverage/rates management |
| Configuring Benefits | - Create benefit plans, programs, groups and eligibility profiles - Configure life events - Enrollment display and configuration - Plan types and options configuration |
| Benefits Billing and Court Orders | - Configure benefits billing - Manage benefit court orders |
Answers for Oracle 1Z0-1053-21 Candidates
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Typically requires understanding of Oracle HCM Cloud Benefits functionality and configuration best practices Eligibility rules change from time to time, so confirm the current requirements on the official page (official 1Z0-1053-21 exam page) before booking.
The Oracle Benefits Cloud 2021 Implementation Essentials blueprint spans 4 domains — including Benefits Billing and Court Orders, Administering Benefits, Reporting on Benefits. The weightings are your study map: allocate hours where the points are. Every subtopic appears in the outline above.
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The Oracle Benefits Cloud 2021 Implementation Essentials is Oracle's certification exam for Oracle Benefits Cloud, at the Implementation Specialist level. Passing it demonstrates proficiency with specific technologies — a credential employers from small business to enterprise recognize. Related credentials include Oracle Benefits Cloud 2026 Implementation Professional, Oracle Global Human Resources Cloud Certifications.
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
- A. Dependent/Beneficiary designation can only be doneon the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
- B. This cannot be achieved.
- C. This can be achieved via configuration.
- D. This can be achieved via customization only.
Correct Answer: C 🗳️
Which statement about Waive options is true?
- A. Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
- C. 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.
- D. Waive options are options which do not require any dependent/beneficiary designation.
Correct Answer: B 🗳️
A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverageplan 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?
- A. 6
- B. 4
- C. 5
- D. 3
Correct Answer: D 🗳️
An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
- A. January 31, 2017
- B. December 28, 2016
- C. January 22, 2017
- D. January 15, 2017
Correct Answer: A 🗳️
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
"Number of Days from the event" as the enrollment period start date and the number field as 15. - B. 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. - C. 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.
- D. Configure Termination as a Life event underthe Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
- E. Configure Termination as a Lifeevent 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.
Correct Answer: E 🗳️
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