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Information about Oracle 1Z0-1053-20 Exam

Vendor: Oracle

Exam Code: 1Z0-1053-20

Exam Name: Oracle Benefits Cloud 2020 Implementation Essentials

Number of Questions: 60

Certification Name: Oracle Cloud

Exam Language: English

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Question No. 1

Which is NOT a valid type of life event?

A. ExplicitB. TemporalC. ScheduledD. UnrestrictedE. Restrictedhttps://docs.oracle.com/cloud/farel12/globalcs_gs/FACMB/FACMB1479189.htm#FACMB1229710

Answer: E

Question No. 2

XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option2 enrolls a dependent aged 18 or less.

How do you define a benefit configuration for these two options?

A. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Createan eligibility profile and configure these two derived factors under the eligibility profile. Then attachthe eligibility profile to XX Life Insurance Plan B. Create one derived factor. Create an eligibilityprofile and configure the derived factor under the eligibility profile. Then attach the eligibility profileto XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.

C. Create one derived factor. Create an eligibility profile and configure the derived factorunder the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.D. Create two eligibility profiles. One with age as 21 or above and a second with age 18 orless. Then attach these eligibility profiles to XX Life Insurance Plan.

Answer: D

Question No. 3

An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st.The important dates defined while configuring the scheduled open life event are:

1) Enrollment Period Start Date - January 1, 201/

2) Enrollment Period End Date - January 31, 2017

3) Assign Defaults Date - January 31, 2017

4) Assigned Life Event Date - January 15, 2017

5) Coverage Start Date - Latest of elections, event or notified

The batch process to assign the open life event was run effective December 28, 2016. An employeemakes an election on January 22, 2017.

What is the coverage start date for this employee?

A. January 15, 2017B. December 28, 2016C. January 31, 2017D. January 22, 2017

Answer: C

Question No. 4

What are the number of train stops available in the Benefits Enrollment self-service page forplan/program enrollment?

A. 5B. 7C. The number of train stops can be configured.D. 6

Answer: C

Question No. 5

Which is NOT a derived factor type?

A. Hours WorkedB. Full-Time EquivalentC. CompensationD. Gradehttps://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5

Answer: D

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