Free Oracle 1Z0-1053-25 Exam Questions

Become Oracle Certified with updated 1Z0-1053-25 exam questions and correct answers

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Total 62 Questions | Updated On: Jan 29, 2026

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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

How do you set up a Termination life event to end coverage at the end of the month?

A : Coverage and Rate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: First of the Next Month

B : Coverage and Rate Date Ranges:Coverage Start Date: First of the MonthPrevious Coverage End Date: End of the Month

C : Coverage and Rate Date Ranges:Coverage Start Date: First of the Next MonthPrevious Coverage End Date: End of the Month

D : Coverage and Pate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: End of the Month

Answer: C

Question 3

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 4

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 : The intervening life event activated the open event.

C : An intervening life event backed out the open event.

D : The open event was accidentally backed out.

Answer: C,D

Question 5

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 a variable rate for the employee-s legal employer.

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

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

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

Answer: C

Page: 1 / 13

Total 62 Questions | Updated On: Jan 29, 2026

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