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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. The reinstatement rule enables you to restore elections during which two events?

A) The open event was accidentally backed out.
B) The intervening life event activated the open event.
C) An intervening life event backed out the open event.
D) The open event was backed out by the administrator from the Benefits Service Center.

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

3. 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) 3
B) 6
C) 4
D) 5

4. To which two benefits objects can Year Period be attached to?

A) Option
B) Program
C) Plan
D) Plan Type

5. A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?

A) The life event had expired.
B) The number of proximity days was specified as 15.
C) The number of proximity days was specified as 20.
D) The number of proximity days was specified as 0.

Solutions: