Oracle Benefits Cloud 2026 Implementation Professional

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. They should have enabled a plan restriction fast formula.

B. They should have created an Option 3: Coverage Declined.

C. They should have configured an eligibility fast formula

D. They should not have enabled the Assign on Default button for the options.

Correct Answer: A

Question 2

Which three areas contain tasks to prepare for an open enrollment period?

A. Evaluation and Reporting work areas

B. Enrollment and My Information work areas

C. Payroll Calculation work area

D. Plan Configuration work area

E. Person Management work area

Correct Answer: A,B,D

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 3

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?

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

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

C. It is the first day of the open enrollment period.

D. It Is the last day of the open enrollment period.

Correct Answer: D

Question 4

The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

A. There is no configuration for open enrollment for the XX Life Program.

B. A cycle has already run for open enrollment, so no life event date is available.

C. The life event date configured for XX Life Program is not 15 March 2017

D. The benefits administrator has a login from the previous date to that of 15 March 20l7.

Correct Answer: D

Question 5

Which is not a valid type of life event?

A. Explicit

B. Scheduled

C. Temporal

D. Unrestricted

E. Restricted

Correct Answer: B

Question 6

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

B. 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.

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

D. 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.

Correct Answer: A

Question 7

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 General Information, select the Global check box and add specific legal entities.

C. On the Create Life Event page under Additional Information leave the Self-Assigned check box blank 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.

Correct Answer: D

Question 8

A company wants to display the following text on its Benefit Employee Self Service:
"Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase additional days through the." How do you configure this?

A. Configure plan type grouping display -> self-service usage -> self-service description text

B. Configure plan type grouping display -> administration usage -> self-service description text

C. Manage enrollment authorization -> self-service usage -> self-service description text

D. Manage enrollment authorization -> administration usage -> self-service description text

Correct Answer: D

Question 9

Year Period attachment

A. Explicit, Temporal, Scheduled, Unrestricted

B. Hours Worked, Full-time Equivalent, Compensation

C. Can Be Defined In Spending Options

D. Plan, Option

Correct Answer: D

Question 10

A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?

A. 40

B. 32.5

C. 30

D. 130

Correct Answer: C

Oracle Benefits Cloud 2026 Implementation Professional - 1Z0-1053-26 Exam Practice Test

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