Free Oracle 1Z0-1053-24 Exam Questions

Become Oracle Certified with updated 1Z0-1053-24 exam questions and correct answers

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Total 62 Questions | Updated On: Jan 14, 2025

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Question 1

A benefits consultant implemented a plan for life insurance with the following options:

1. Option 1: Employee only

2. Option 2: Employee plus spouse

The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled

the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the

plan even though they are eligible.

Where did the benefits consultant go wrong with the implementation?

A : ey should have created an Option 3: Coverage Declined.

B : ey should not have enabled the Assign on Default button for the options.

C : ey should have configured an eligibility fast formula

D : ey should have enabled a plan restriction fast formula.

Answer: D

Question 2

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 : rate amount Is a variable rate for the employee's legal employer.

B : rate amount is of the unit of measure "Money".

C : rate amount is not configured for the employee's specific legal employer.

D : rate amount "Assign on Enrollment" is enabled for five legal entities.

Answer: C

Question 3

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 : ign individuals to the benefit group using the Manage Person task in the Person Management work area.

B : ign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.

C : ign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.

D : ign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.

E : ign individuals to the benefit group using the Manage Person task in the Enrollment work area.

Answer: C

Question 4

To which two benefits objects can Year Period be attached to?

A : Program

B : Plan Type

C : Plan

D : Option

Answer: A,C

Question 5

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 : n = 1, Max - 1

B : n = 1, Max = 2

C : n = 0, Max = 1

D : n = 0, Max = 0

Answer: B

Page: 1 / 13

Total 62 Questions | Updated On: Jan 14, 2025

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