[2022] New 1z0-1053-22 exam Free Sample Questions to Practice
Cover Real 1z0-1053-22 Exam Questions Make Sure You 100% Pass
Oracle 1z0-1053-22 Exam Syllabus Topics:
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NEW QUESTION 15
How do you set up a Termination life event to end coverage at the end of the month?
- A. Coverage and Pate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: End of the Month - B. Coverage and Rate Date Ranges:
Coverage Start Date: End of the Month
Previous Coverage End Date: First of the Next Month - C. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Next Month
Previous Coverage End Date: End of the Month - D. Coverage and Rate Date Ranges:
Coverage Start Date: First of the Month
Previous Coverage End Date: End of the Month
Answer: C
NEW QUESTION 16
A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.
How can you configure this scenario for the company?
- A. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- B. Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
- C. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
- D. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
Answer: D
NEW QUESTION 17
Which statement about Waive options is true?
- A. 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.
- B. Waive options are options which do not require any dependent/beneficiary designation.
- C. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
- D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
Answer: C
NEW QUESTION 18
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?
- A. Configure plan type grouping display -> self-service usage -> self-service description text
- B. Manage enrollment authorization -> self-service usage -> self-service description text
- C. Configure plan type grouping display -> administration usage -> self-service description text
- D. Manage enrollment authorization -> administration usage -> self-service description text
Answer: D
NEW QUESTION 19
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?
- A. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
- B. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
- C. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
- D. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
- E. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
Answer: D
NEW QUESTION 20
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?
- A. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
- B. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
- C. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
- D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
- E. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
Answer: D
NEW QUESTION 21
Your customer wants to create an explicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?
- A. On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
- B. On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
- C. On the Create Life Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.
- D. On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.
Answer: B
NEW QUESTION 22
Which two are program types when you configure Flex Credits?
- A. Flex
- B. Core
- C. Flex Credits and Core
- D. Other Credits
Answer: B,C
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.html#FAIBF1085855_2
NEW QUESTION 23
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?
- A. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
- B. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
- C. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
- D. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
Answer: A
NEW QUESTION 24
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?
- A. 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.
- B. 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.
- C. Configure a primary rate with the calculation method as Multiple of Coverage.
- D. Configure a secondary rate with the calculation method as Multiple of Coverage.
Answer: C
NEW QUESTION 25
Which statement about configuring Designation Requirements is true?
- A. A plan must have multiple options for Designation Requirement to be configured.
- B. A Designation Requirement cannot be configured for a plan with no option.
- C. A Designation Requirement can be configured for a plan with no option.
- D. A plan must have the waive option for Designation Requirement to be configured.
Answer: A
NEW QUESTION 26
Which object is NOT included in benefit export?
- A. Eligibility profile
- B. Program configuration
- C. Plan not in program configuration
- D. Element input values
Answer: D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-exports-and-imports.html#FAIBF1020137
NEW QUESTION 27
Which is NOT a valid type of life event?
- A. Explicit
- B. Temporal
- C. Unrestricted
- D. Restricted
- E. Scheduled
Answer: D
Explanation:
https://docs.oracle.com/cloud/farel12/globalcs_gs/FACMB/FACMB1479189.htm#FACMB1229710
NEW QUESTION 28
Which two statements are true about Enrollment Authorizations?
- A. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- B. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
- C. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
- D. They appear only the first time that the participant enters self-service enrollment for multiple life events.
- E. They appear several times if the participant enters self-service multiple times for a single life event.
Answer: A,D
NEW QUESTION 29
The reinstatement rule enables you to restore elections during which two events?
- A. The open event was backed out by the administrator from the Benefits Service Center.
- B. An intervening life event backed out the open event.
- C. The open event was accidentally backed out.
- D. The intervening life event activated the open event.
Answer: B,C
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 30
Which benefit object must be created prior to creating an option?
- A. Coverage
- B. Plan Type
- C. Rate
- D. Plan
Answer: B
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.html#FACMB307292
NEW QUESTION 31
Which is NOT a derived factor type?
- A. Grade
- B. Compensation
- C. Full-Time Equivalent
- D. Hours Worked
Answer: A
Explanation:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5
NEW QUESTION 32
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?
- A. The life event was configured for another date.
- B. The life event was not backed out properly.
- C. The life event reinstatement rule was configured.
- D. The life event date was different.
Answer: C
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 33
Which three areas contain tasks to prepare for an open enrollment period?
- A. Enrollment and My Information work areas
- B. Evaluation and Reporting work areas
- C. Payroll Calculation work area
- D. Plan Configuration work area
- E. Person Management work area
Answer: A,B,D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollment.html#FACMB1107266
NEW QUESTION 34
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?
- A. 32.5
- B. 0
- C. 1
- D. 2
Answer: D
NEW QUESTION 35
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