Free Oracle 1D0-1053-25-D Exam Questions

Become Oracle Certified with updated 1D0-1053-25-D exam questions and correct answers

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Total 62 Questions | Updated On: May 27, 2025

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Question 1

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 plan's availability for a program.

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

C : Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object

D : Life events affect benefits processing for a participant.

Answer: C,D

Question 2

You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with

only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like

age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.

The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The

calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).

How can you configure a rate for the company's plan?

A : Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.

B : Configure a secondary rate with the calculation method as Multiple of Coverage.

C : Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.

D : Configure a primary rate with the calculation method as Multiple of Coverage.

Answer: D

Question 3

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?

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

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

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

D : The rate is inactive.

Answer: D

Question 4

Your customer wants to create an explicit life event that can be used only in two specific legal entitles. How

do you accomplish this requirement?

A : On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.

B : On the Create Life Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.

C : On the Create Life Event page under General Information, select the Global check box and add specific legal entities.

D : On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.

Answer: D

Question 5

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 can be achieved through customization only.

B : This requirement can be completely achieved with configuration only.

C : This requirement cannot be achieved with configurations, and would require custom Fast Formula.

D : This requirement cannot be achieved in the current system offerings.

Answer: D

Page: 1 / 13

Total 62 Questions | Updated On: May 27, 2025

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