
Clear your concepts with 1Z0-1053-26 Questions Before Attempting Real exam
Get professional help from our 1Z0-1053-26 Dumps PDF
NEW QUESTION # 44
Benefit configuration for dependent options
- A. Create two eligibility profiles based on age
- B. Evaluate life events, close enrollment, enrollment authorizations
- C. Hours worked, full-time equivalent, compensation
- D. Optional, mandatory for participant
Answer: A
NEW QUESTION # 45
A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan 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. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 46
Optional, mandatory for participant
- A. Creation of enrollment results
- B. Overspending in flex credit shell plans
- C. Rate visibility issue
- D. Enrollment authorization requirements
Answer: D
NEW QUESTION # 47
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 "As of event date" as the enrollment period start date.
- B. 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.
- C. 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.
- D. 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.
- E. 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 period start date type formula.
Answer: E
NEW QUESTION # 48
To which two benefits objects can Year Period be attached to?
- A. Option
- B. Program
- C. Plan Type
- D. Plan
Answer: B,D
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm
NEW QUESTION # 49
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?
- A. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.
- B. The amount of deduction from employee pay check for enrollment is varied based on a life event.
- C. Life events affect benefits processing for a participant.
- D. Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
Answer: C,D
Explanation:
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm
NEW QUESTION # 50
The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
- A. A cycle has already run for open enrollment, so no life event date is available.
- B. The benefits administrator has a login from the previous date to that of 15 March 20l7.
- C. The life event date configured for XX Life Program is not 15 March 2017
- D. There is no configuration for open enrollment for the XX Life Program.
Answer: B
NEW QUESTION # 51
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 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.
- 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 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.
- D. 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.
Answer: A
NEW QUESTION # 52
Your customer wants to create an explicit life event that can be used only in two specific legal entities. 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 General Information, leave the Global check box blank 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 Additional Information, select the Self-Assigned check box and add specific legal entities.
Answer: B
NEW QUESTION # 53
Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?
- A. Associate the life events only with Core benefit programs.
- B. Associate the life events with benefit plans or program.
- C. Associate the life events only with benefit plans which are in a program.
- D. Associate the life events with only flexible benefit programs.
- E. Associate the life events only with benefit plans which are not in a program.
Answer: B
NEW QUESTION # 54
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 appear only the first time that the participant enters self-service enrollment for multiple life events.
- C. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
- D. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
- E. They appear several times if the participant enters self-service multiple times for a single life event.
Answer: C,D
NEW QUESTION # 55
A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:
1. Address Change life event status: Detected
2. New Hire life event: Manual
What does this status signify?
- A. A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.
- B. A New Hire life event was manually selected.
- C. A New Hire life event was manually selected.
- D. A New Hire life event was manually selected.
Answer: A
NEW QUESTION # 56
A company wants to display the following text on its Benefits 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 > administration usage > self-service description text
- B. Manage enrollment authorization > administration usage > self-service description text
- C. Manage enrollment authorization > self-service usage > self-service description text
- D. Configure plan type grouping display > self-service usage > self-service description text
Answer: D
NEW QUESTION # 57
Explicit, Temporal, Scheduled, Unrestricted
- A. Creation of enrollment results
- B. Termination life event configuration
- C. Valid type of life event
- D. Tasks to prepare for open enrollment
Answer: C
NEW QUESTION # 58
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
- A. This cannot be achieved.
- B. This can be achieved via configuration.
- C. This can be achieved via customization only.
- D. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
Answer: B
NEW QUESTION # 59
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 Dependent event, evaluates the Marriage 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 Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
Answer: A
NEW QUESTION # 60
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when an electable choice is saved as a part of self-service enrollment
- B. after the Evaluate Life Events batch process is completed successfully
- C. after the Close Enrollment process has completed
- D. when a default enrollment is processed
- E. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
Answer: A,B,E
NEW QUESTION # 61
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 08/01/2015; 2. Dependent event occurs on 08/01/2015. What is the result?
- A. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to 08/01/2015.
- B. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to 08/01/2015.
- C. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns its occurred date to 08/01/2015.
- D. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns its occurred date to 08/01/2015.
Answer: C
NEW QUESTION # 62
Which is NOT a derived factor type?
- A. Compensation
- B. Grade
- C. Hours Worked
- D. Full-Time Equivalent
Answer: B
Explanation:
https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5
NEW QUESTION # 63
Evaluate Life Events, Close Enrollment, Enrollment Authorizations
- A. Valid type of life event
- B. Termination life event configuration
- C. Creation of enrollment results
- D. Number of train stops on benefits enrollment page
Answer: C
NEW QUESTION # 64
The benefits admin has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section. Why can't the employee see the assigned rate amount?
- A. The rate amount is not configured for the employee's specific legal employer.
- B. The rate amount is of the unit measure of "Money".
- C. The rate amount "Assign on Enrollment" is enabled for five legal entities.
- D. The rate amount is a variable rate for the employee's legal employer.
Answer: A
NEW QUESTION # 65
Which three are change opportunities an organization can implement during Open Enrollment?
- A. modify plan configuration
- B. decline coverage
- C. update rates
- D. enroll in existing plans
- E. Start new benefit offerings
Answer: A,B,C
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.html#FACMB1107266_2
NEW QUESTION # 66
The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?
- A. A cycle has already run for open enrollment, so no life event date is available.
- B. The life event date configured for XX Life Program is not 03/15/2017.
- C. The benefits admin has a login from the previous date to that of 03/15/2017.
- D. There is no configuration for open enrollment for the XX Life Program.
Answer: B
NEW QUESTION # 67
Can you upload student and disability status for multiple persons at one time?
- A. Yes, it can be accomplished by creating a benefit group.
- B. Yes, it can be accomplished through a benefit administrator task.
- C. No, this option isn't available.
- D. Yes, it can be accomplished through the spreadsheet loader.
Answer: D
NEW QUESTION # 68
How do you set up a Termination life event to end coverage at the end of the month?
- A. Coverage and Rate Date Ranges:
- B. Coverage and Rate Date Ranges:
- C. Coverage and Pate Date Ranges:
- D. Coverage and Rate Date Ranges:
Answer: D
NEW QUESTION # 69
......
Achieve the 1Z0-1053-26 Exam Best Results with Help from Oracle Certified Experts: https://pass4sure.practicedump.com/1Z0-1053-26-exam-questions.html