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Oracle 1z0-1053-22 Valid Exam Sims
Free PDF Quiz Oracle - 1z0-1053-22 - Oracle Benefits Cloud 2022 Implementation Professional Perfect Valid Exam Sims
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Oracle Benefits Cloud 2022 Implementation Professional Sample Questions (Q18-Q23):
NEW QUESTION # 18
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 Coverage Volume
- B. Standard wash Rule formula
- C. Standard input Value
- D. Standard Rate Value
Answer: C
NEW QUESTION # 19
Which statement about Waive options is true?
- A. Waive options are options which do not require any dependent/beneficiary designation.
- B. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
- C. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- D. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
Answer: D
NEW QUESTION # 20
Which three areas contain tasks to prepare for an open enrollment period?
- A. Person Management work area
- B. Plan Configuration work area
- C. Payroll Calculation work area
- D. Evaluation and Reporting work areas
- E. Enrollment and My Information work areas
Answer: B,D,E
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollment.html#FACMB1107266
NEW QUESTION # 21
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when a default enrollment is processed
- B. after the Evaluate Life Events batch process is completed successfully
- C. after the Close Enrollment process has completed
- D. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- E. when an electable choice is saved as a part of self-service enrollment
Answer: B,D,E
NEW QUESTION # 22
A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?
- A. Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
- B. Create a default life event for this task XX Admin Life event. Create a separate-eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
- C. Create a default life event for this task XX Admin Life event. Attach it to the Plan. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
- D. Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
Answer: C
NEW QUESTION # 23
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