Oracle 1Z0-1053-20 Practice Test Pdf Exam Material
1Z0-1053-20 Answers 1Z0-1053-20 Free Demo Are Based On The Real Exam
NEW QUESTION 25
What are the different types of open enrollment options available under Scheduled tab in program?
- A. Open New Hire Enrollment and Unrestricted New Hire Enrollment
- B. Open Scheduled and Unrestricted Scheduled
- C. Open All and Unrestricted All
- D. Open Enrollment and Open Unrestricted Enrollment
Answer: A
NEW QUESTION 26
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 of the current plan year 2017, and the status as Active.
- 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 l of the upcoming plan year 7018, and the status as Pending.
- D. Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, 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
NEW QUESTION 27
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. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
- C. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
- D. They appear several times if the participant enters self-service multiple times for a single life event.
- E. They appear only the first time that the participant enters self-service enrollment for multiple life events.
Answer: A,E
NEW QUESTION 28
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 employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
- A. January 22, 2017
- B. January 15, 2017
- C. December 28, 2016
- D. January 31, 2017
Answer: D
NEW QUESTION 29
An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
- A. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
- B. This can be achieved via configuration.
- C. This cannot be achieved.
- D. This can be achieved via customization only.
Answer: B
NEW QUESTION 30
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?
- A. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
- B. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
- C. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
- D. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
- E. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
Answer: A
NEW QUESTION 31
The reinstatement rule enables you to restore elections during which two events?
- A. The open event was backed out by the administrator from the Benefits Service Center.
- B. An intervening life event backed out the open event.
- C. The open event was accidentally backed out.
- D. The intervening life event activated the open event.
Answer: B,C
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 32
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 Benefits Self-Service.
- C. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
- D. Run the Person Enrollment Summary Report from Benefits Self Service.
- E. Run the Enrollment Kit Report from the Benefits Enrollment work area.
Answer: E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing
NEW QUESTION 33
Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?
- A. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
- B. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
- C. Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.
- D. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
- E. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
Answer: C
NEW QUESTION 34
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
- A. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
- B. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan
- C. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
- D. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
Answer: A
NEW QUESTION 35
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 period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- B. 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.
- C. 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.
- D. 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.
Answer: C
NEW QUESTION 36
How many life events can be included in a collapsing rule?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 37
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 Coverage Volume
- B. Standard Rate Value
- C. Standard wash Rule formula
- D. Standard input Value
Answer: D
NEW QUESTION 38
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?
- A. The life event was not backed out properly.
- B. The life event was configured for another date.
- C. The life event reinstatement rule was configured.
- D. The life event date was different.
Answer: C
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION 39
The benefits administrator 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 "Assign on Enrollment" is enabled for five legal entities.
- C. The rate amount Is a variable rate for the employee's legal employer.
- D. The rate amount is of the unit of measure "Money".
Answer: A
NEW QUESTION 40
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 person's eligibility for the object.
- 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 plan's availability for a program.
Answer: A,C
Explanation:
Explanation
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm
NEW QUESTION 41
A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan.
What must the minimum and maximum plan limit be set at Plan Type level?
- A. Min = 1, Max - 1
- B. Min = 0, Max = 1
- C. Min = 0, Max = 0
- D. Min = 1, Max = 2
Answer: D
NEW QUESTION 42
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?
- A. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
- B. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
- C. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
- D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
- E. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
Answer: D
NEW QUESTION 43
Which benefit object must be created prior to creating an option?
- A. Rate
- B. Coverage
- C. Plan
- D. Plan Type
Answer: D
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/program-and-plan-creation.
NEW QUESTION 44
Which object is NOT included in benefit export?
- A. Program configuration
- B. Element input values
- C. Plan not in program configuration
- D. Eligibility profile
Answer: B
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-export
NEW QUESTION 45
An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:
- A. No unrestricted event is available for the employee.
- B. The employee is not eligible for the enrollment.
- C. No option is available for the plan for enrollment.
- D. No life event is detected.
Answer: A
NEW QUESTION 46
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when a default enrollment is processed
- B. when an electable choice is saved as a part of self-service enrollment
- C. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- D. after the Close Enrollment process has completed
- E. after the Evaluate Life Events batch process is completed successfully
Answer: B,C,E
NEW QUESTION 47
Which three areas contain tasks to prepare for an open enrollment period?
- A. Payroll Calculation work area
- B. Plan Configuration work area
- C. Person Management work area
- D. Enrollment and My Information work areas
- E. Evaluation and Reporting work areas
Answer: B,D,E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollmen
NEW QUESTION 48
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of
100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?
- A. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
- B. This requirement cannot be achieved in the current system offerings.
- C. This requirement can be completely achieved with configuration only.
- D. This requirement can be achieved through customization only.
Answer: B
NEW QUESTION 49
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