1Z0-1053-23 Exam Practice Questions prepared by Oracle Professionals [Q11-Q28]

NO.11 Which two statements are true about Enrollment Authorizations?

They appear several times if the participant enters self-service multiple times for a single life event.

If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.

They appear only the first time that the participant enters self-service enrollment for multiple life events.

They are optional to implement. If implemented, performing the authorization task is optional for the participant.

They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.

NO.12 The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

Configure the eligibility profile with parameter – Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..

Configure the eligibility profile with parameter – Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried” Related coverage > Eligible in another option in plan and attach this to both the plans.

Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.

NO.13 January 31, 2017

Tasks to prepare for open enrollment

Valid type of life event

Overspending in flex credit shell plans

Coverage start date for employee

NO.14 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?

It Is the last day of the open enrollment period.

It is the effective date of the open event and the date on which eligibility is evaluated.

It is the date on which default benefits assignments are made.

It is the first day of the open enrollment period.

NO.15 An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option”s rate amount isn”t displayed in the total summary section on the right side of the page.
Which is a reason for this problem?

The rate activity type for payroll information is configured as cost.

The rate is configured as secondary rate and not primary rate.

The rate activity type for payroll information is configured as employee contribution.

The rate is inactive.

NO.16 Rate is inactive

Rate visibility issue

Creation of enrollment results

Reinstatement rule events

Valid type of life event

NO.17 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?

Associate the life events with only flexible benefit programs.

Associate the life events only with benefit plans which are not in a program.

Associate the life events only with Core benefit programs.

Associate the life events only with benefit plans which are in a program.

Associate the life events with benefit plans or program.

NO.18 A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

The amount of deduction from employee pay check for enrollment is varied based on a life event.

Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object.

Life events affect benefits processing for a participant.

Each occurrence of the life event causes participation evaluation processing to reconsider the plan,s availability for a program.

NO.19 To which two benefits objects can Year Period be attached to?

Program

Plan Type

Plan

Option

NO.20 Which three are correct methods by which enrollment results can be created and made available for viewing?

when a default enrollment is processed

after the Evaluate Life Events batch process is completed successfully

after the Close Enrollment process has completed

when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment

when an electable choice is saved as a part of self-service enrollment

NO.21 What are the different types of open enrollment options available under Scheduled tab in program?

Open All and Unrestricted All

Open Scheduled and Unrestricted Scheduled

Open New Hire Enrollment and Unrestricted New Hire Enrollment

Open Enrollment and Open Unrestricted Enrollment

NO.22 Which statement about Waive options is true?

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.

Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Waive options are options which do not require any dependent/beneficiary designation.

Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

NO.23 When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

It is the last day of open enrollment period.

It is the date on which default benefits assignments are made.

It is the effective date of the open event and the date on which eligibility is evaluated.

It is the first day of the open enrollment period.

NO.24 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?

NO.25 What are the number of train stops available in the Benefits Enrollment self-service page for the plan/program enrollment?

The number of train stops can be configured.

NO.26 Can you define overspending of a budget pool in flex credit shell plans?

Yes, you can define it in the standard rates.

Yes, you can define it in the spending options.

Yes, you can define it as per the flex credit formula.

No, you do not have a place holder.

NO.27 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?

The life event date was different.

The life event was not backed out properly.

The life event was configured for another date.

The life event reinstatement rule was configured.

NO.28 Which two are correct processes regarding performing the Benefits Extract setup?

Extract benefits enrollment information into separate XML files for each plan and plan carrier.

Configure plan carrier details and extract options using the Manage Plan Carriers task.

Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.

Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.

Extract benefits enrollment information into a single XML file for each plan carrier.