Oracle 1Z0-1053-21 - Oracle Benefits Cloud 2021 Implementation Essentials
- Exam Code: 1Z0-1053-21
- Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
- Updated: Jul 14, 2026
- Q & A: 62 Questions and Answers
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1. A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan.
What must the minimum and maximum plan limit be set at Plan Type level?
A) Min = 0, Max = 1
B) Min = 1, Max - 1
C) Min = 0, Max = 0
D) Min = 1, Max = 2
2. Your customer wants to create anexplicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?
A) On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
B) On the CreateLife Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
C) On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.
D) On the CreateLife Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.
3. 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 cannot be achieved in the current system offerings.
B) This requirement can be completely achieved with configuration only.
C) This requirement can be achieved through customization only.
D) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
4. 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 Rate Value
C) Standard Coverage Volume
D) Standard wash Rule formula
5. Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?
A) Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
B) Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
C) Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
D) Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
E) Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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