[Apr 04, 2025] Latest Oracle Benefits Cloud 1Z0-1053-23 Actual Free Exam Questions [Q37-Q54]

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[Apr 04, 2025] Latest Oracle Benefits Cloud 1Z0-1053-23 Actual Free Exam Questions

Oracle Benefits Cloud 1Z0-1053-23 Dumps Updated Practice Test and 94 unique questions

NO.37 How many life events can be included in a collapsing rule?

NO.38 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.

https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728

NO.39 How do you configure the link between the payroll module and benefits?

Link the element to the plan coverage.

Link the element to the plan rate.

Link the payroll to the plan salary basis.

Link the payroll to the plan coverage.

NO.40 Which object is NOT included in benefit export?

Program configuration

Element input values

Eligibility profile

Plan not in program configuration

https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-exports-and-imports.html#FAIBF1020137

NO.41 Which benefit object must be created prior to creating an option?

Rate

Plan

Plan Type

Coverage

https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.html#FACMB307292

NO.42 Which two statements are correct with respect to required action in the eligibility profile?

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

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

The number of train stops can be configured.

NO.44 As of event start date

Valid type of life event

Life event start date

Termination life event configuration

Creation of enrollment results

NO.45 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?

New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

NO.46 A company has XX Fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in three production instances. The company wants to run enrollment for executives and send the data for internal discussion. How can the benefits admin perform this task?

Create a default life event for this task XX Admin Life event. Create a separate eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.

Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

Create a default life event for this task XX Admin Life event. Attach it to the plan. Then trigger the life event and enroll into a

NO.47 Annual Health Insurance, Monthly Health Insurance

Reinstatement rule events

Termination Life Event configuration

Global Health Plan options

Overspending in flex credit shell plans

NO.48 Can you define overspending of a budget pool in flex credit shell plans?

Yes, you can define it in the standard rates.

Yes, you can define it in the spending options.

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

No, you do not have a place holder.

NO.49 A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

They should have created an Option 3: Coverage Declined.

They should not have enabled the Assign on Default button for the options.

They should have configured an eligibility fast formula

They should have enabled a plan restriction fast formula.

NO.50 When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

It is the last day of open enrollment period.

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

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

It is the first day of the open enrollment period.

NO.51 Which is not a derived factor type?

Hours Worked

Full-Time Equivalent

Compensation

Grade

NO.52 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 enrollment start date

as of coverage start date

as of event start date

as of rate start date

NO.53 January 31, 2017

Tasks to prepare for open enrollment

Valid type of life event

Overspending in flex credit shell plans

Coverage start date for employee

NO.54 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.

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[Apr 04, 2025] Latest Oracle Benefits Cloud 1Z0-1053-23 Actual Free Exam Questions [Q37-Q54]

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