Free Access Oracle.1Z0-1053-21.v2022-06-08.q20 Practice Test (Page 5)

Question 16

Which three areas contain tasks to prepare for an open enrollment period?

A.Person Management work area

B.Plan Configuration work area

C.Evaluation and Reporting work areas

D.Payroll Calculation work area

E.Enrollment and My Information work areas

Question 17

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 separate-eligibility profile. Then enroll the first of executives into a sample dataand send the summary reports to the company.

B.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.

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.

Question 18

Which statement about Waive options is true?

A.Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

B.Waive options are options which do not require any dependent/beneficiary designation.

C.Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

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.

Question 19

Which two are program types when you configure Flex Credits?

A.Other Credits

B.Core

C.Flex

D.Flex Credits and Core

Question 20

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 can be achieved through customization only.

B.This requirement cannot be achieved in the current system offerings.

C.This requirement can be completely achieved with configuration only.

D.This requirement cannot be achieved with configurations, and would require custom Fast Formula.

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Question 16

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Question 18

Question 19

Question 20

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