oracle 1z0-1053-20 practice test

Question 1

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 used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
• C. Waive options are options which do not require any dependent/beneficiary designation.
• D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Answer:

B

Question 2

Which two are program types when you configure Flex Credits?

• A. Other Credits
• B. Core
• C. Flex
• D. Flex Credits and Core

Answer:

B D

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.htm

Question 3

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-expor

Question 4

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 "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
• 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 "Number of Days from the event as the enrollment period start date and the number field as 15.
• D. 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.
• E. 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.

Answer:

A

Question 5

A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

• A. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
• B. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
• C. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
• D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Answer:

D

Question 6

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

Answer:

B

Question 7

Which is NOT a valid type of life event?

• A. Explicit
• B. Temporal
• C. Scheduled
• D. Unrestricted
• E. Restricted

Answer:

E

Explanation:
https://docs.oracle.com/cloud/farel12/globalcs_gs/FACMB/FACMB1479189.htm#FACMB1229710

Question 8

When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned
Life Event Date?

• A. It is the effective date of the open event and the date on which eligibility is evaluated.
• B. It is the date on which default benefits assignments are made.
• C. It Is the last day of the open enrollment period.
• D. It is the first day of the open enrollment period.

Answer:

C

Question 9

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

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

Answer:

C

Question 10

Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the
participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?

• A. Run the Person Enrollment Summary Report from the Enrollment work area.
• B. Run the Enrollment Kit Report from the Benefits Enrollment work area.
• C. Run the Person Enrollment Summary Report from Benefits Self Service.
• D. Run the Enrollment Kit Report from Benefits Self-Service.
• E. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.

Answer:

B

Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processin