Oracle Benefits Cloud 2022 Implementation Professional

Question 1

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 2

A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

A. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

B. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

C. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

Correct Answer: D

Question 3

Can you define overspending of a budget pool in flex credit shell plans?

A. Yes, you can define it in the standard rates.

B. No, you do not have a place holder.

C. Yes, you can define it in the spending options.

D. Yes, you can define it as per the flex credit formula.

Correct Answer: C

Question 4

Which three are correct methods by which enrollment results can be created and made available for viewing?

A. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment

B. when an electable choice is saved as a part of self-service enrollment

C. after the Evaluate Life Events batch process is completed successfully

D. after the Close Enrollment process has completed

E. when a default enrollment is processed

Correct Answer: A,B,C

Question 5

What rate is used for the flex credit program to adjust the total cost of the program?

A. Standard Secondary Rate

B. Rollover Rate

C. Standard Rollover Rate

D. Standard Primary Rate

Correct Answer: B

Question 6

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 in the current system offerings.

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 can be achieved through customization only.

Correct Answer: A

Question 7

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

Oracle Benefits Cloud 2022 Implementation Professional - 1z0-1053-22 Exam Practice Test

Latest Update

Useful Links

Contact Us