Free Oracle 1Z0-1053-26 Exam Dumps Questions & Answers

Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

• A.Standard input Value
• B.Standard Coverage Volume
• C.Standard wash Rule formula
• D.Standard Rate Value

Which two statements are correct with respect to required action in the eligibility profile?

• A.If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
• B.If all profiles are optional, then at least one of the profiles must be satisfied.
• C.If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.
• D.If all profiles are requited, then at least one of the profiles must be satisfied.

This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

• A.The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
• B.The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
• C.The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
• D.The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.

Hours Worked, Full-Time Equivalent, Compensation

• A.Valid type of life event
• B.Creation of enrollment results
• C.Rate visibility issue
• D.Derived factor types

An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

• A.Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
• B.This can be achieved via customization only.
• C.This cannot be achieved.
• D.This can be achieved via configuration.