92 Exam Questions for 1Z0-1053-26 Updated Versions With Test Engine
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NEW QUESTION # 40
Optional, mandatory for participant
- A. Creation of enrollment results
- B. Enrollment authorization requirements
- C. Rate visibility issue
- D. Overspending in flex credit shell plans
Answer: B
NEW QUESTION # 41
Achieved via configuration
- A. Designating dependents on Train Stop
- B. Number of train stops on benefits enrollment page
- C. Valid type of Life Event
- D. Overspending in flex credit shell plans
Answer: A
NEW QUESTION # 42
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 last day of the open enrollment period.
- B. It is the effective date of the open event and the date on which eligibility is evaluated.
- C. It is the date on which default benefits assignments are made.
- D. It is the first day of the open enrollment period.
Answer: A
NEW QUESTION # 43
Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?
- A. Associate the life events only with benefit plans which are not in a program.
- B. Associate the life events with benefit plans or program.
- C. Associate the life events only with Core benefit programs.
- D. Associate the life events with only flexible benefit programs.
- E. Associate the life events only with benefit plans which are in a program.
Answer: B
NEW QUESTION # 44
Can you upload student and disability status for multiple persons at one time?
- A. Yes, it can be accomplished through the spreadsheet loader.
- B. Yes, it can be accomplished by creating a benefit group.
- C. Yes, it can be accomplished through a benefit administrator task.
- D. No, this option isn't available.
Answer: A
NEW QUESTION # 45
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 and closed. Marriage LE is triggered because of the data change.
- 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 but not closed. Marriage LE is triggered but has not yet made elections.
Answer: A
NEW QUESTION # 46
1The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can't the employee see the assigned rate amount?
- A. The rate amount "Assign on Enrollment" is enabled for five legal entities.
- B. The rate amount is not configured for the employee's specific legal employer.
- C. The rate amount Is a variable rate for the employee's legal employer.
- D. The rate amount is of the unit of measure "Money".
Answer: B
NEW QUESTION # 47
As of event start date
- A. Creation of enrollment results
- B. Life event start date
- C. Valid type of life event
- D. Termination life event configuration
Answer: B
NEW QUESTION # 48
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self Service. How do you accomplish this requirement?
- A. Select Display Signature in the Confirmation section while managing Benefits Self Service configuration.
- B. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
- C. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for admins.
- D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
- E. Select the same admin category on the Edit Plan Type page while managing Benefits Self Service configuration.
Answer: A
NEW QUESTION # 49
Your customer wants to create an explicit life event that can be used only in two specific legal entities. How do you accomplish this requirement?
- A. On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
- B. On the Create Life Event page under General Information, leave the Global check box blank 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 General Information, select the Global check box and add specific legal entities.
Answer: B
NEW QUESTION # 50
A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?
- A. Life events affect benefits processing for a participant.
- B. The amount of deduction from employee pay check for enrollment is varied based on a life event.
- C. Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
- D. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.
Answer: A,C
Explanation:
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm
NEW QUESTION # 51
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 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.
- C. If all profiles are optional, then at least one of the profiles must be satisfied.
- D. If all profiles are requited, then at least one of the profiles must be satisfied.
Answer: B
NEW QUESTION # 52
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. when an electable choice is saved as a part of self-service enrollment
- C. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- D. after the Evaluate Life Events batch process is completed successfully
- E. after the Close Enrollment process has completed
Answer: B,C,D
NEW QUESTION # 53
A company wants to display the following text on its Benefits 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. Manage enrollment authorization > self-service usage > self-service description text
- B. Configure plan type grouping display > self-service usage > self-service description text
- C. Configure plan type grouping display > administration usage > self-service description text
- D. Manage enrollment authorization > administration usage > self-service description text
Answer: B
NEW QUESTION # 54
Hours Worked, Full-Time Equivalent, Compensation
- A. Creation of enrollment results
- B. Valid type of life event
- C. Rate visibility issue
- D. Derived factor types
Answer: D
NEW QUESTION # 55
What rate is used for the flex credit program to adjust the total cost of the program?
- A. Rollover Rate
- B. Standard Secondary Rate
- C. Standard Rollover Rate
- D. Standard Primary Rate
Answer: A
NEW QUESTION # 56
The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
- A. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
- B. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- C. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- D. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
Answer: A
NEW QUESTION # 57
Which statement about Waive options is true?
- A. Waive options are options which do not require any dependent/beneficiary designation.
- B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
- 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 options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
Answer: B
NEW QUESTION # 58
Which three are change opportunities an organization can implement during Open Enrollment?
- A. decline coverage
- B. modify plan configuration
- C. enroll in existing plans
- D. update rates
- E. Start new benefit offerings
Answer: A,B,D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.html#FACMB1107266_2
NEW QUESTION # 59
Coverage Start Date: First of the Next Month
- A. Termination life event configuration
- B. Global health plan options
- C. Valid type of life event
- D. Life event start date
Answer: A
NEW QUESTION # 60
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 Value
- B. Standard Input Value
- C. Standard Wash Rule Formula
- D. Standard Rate Value
Answer: C
NEW QUESTION # 61
When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?
- A. It is the date on which default benefits assignments are made.
- B. It is the effective date of the open event and the date on which eligibility is evaluated.
- C. It is the last day of open enrollment period.
- D. It is the first day of the open enrollment period.
Answer: B
NEW QUESTION # 62
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