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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. 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?

A) Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
B) Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
C) Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
D) Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
E) Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.

2. 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?

A) Min = 1, Max - 1
B) Min = 0, Max = 1
C) Min = 1, Max = 2
D) Min = 0, Max = 0

3. What rate is used for the flex creditprogram to adjust the total cost of the program?

A) Rollover Rate
B) Standard Secondary Rate
C) Standard Rollover Rate
D) Standard Primary Rate

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

A) No, this option isn't available.
B) Yes, it can be accomplishedthrough a benefit administrator task.
C) Yes, it can be accomplished by creating a benefit group.
D) Yes, it can be accomplished through the spreadsheet loader.

5. 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?

A) Standard Rate Value
B) Standard Coverage Volume
C) Standard input Value
D) Standard wash Rule formula

Solutions: