Free Oracle 1Z0-1053-21 Exam Dumps Questions & Answers

A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employeeplus 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 created an Option 3: Coverage Declined.
• B.They should not have enabled the Assign on Default button for the options.
• C.They should have enabled a plan restriction fast formula.
• D.They should have configured an eligibility fast formula

Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

• A.Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
• B.Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
• C.Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
• D.Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
• E.Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.

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.30
• B.130
• C.40
• D.32.5

An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

• A.No life event is detected.
• B.The employee is not eligible for the enrollment.
• C.Nooption is available for the plan for enrollment.
• D.No unrestricted event is available for the employee.

Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

• A.All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
• B.All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
• C.All plans can be configured at the plan level.
• D.All plans in 3 plan type can be displayed on different trainstops as groupings are done at the program level.