2025 Best 1Z0-1053-23 Exam Preparation Material with New Dumps Questions
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NEW QUESTION # 32
An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option''s rate amount isn''t displayed in the total summary section on the right side of the page.
Which is a reason for this problem?
- A. The rate is inactive.
- B. The rate activity type for payroll information is configured as employee contribution.
- C. The rate activity type for payroll information is configured as cost.
- D. The rate is configured as secondary rate and not primary rate.
Answer: A
NEW QUESTION # 33
Explicit, Temporal, Scheduled, Unrestricted
- A. Creation of enrollment results
- B. Termination life event configuration
- C. Tasks to prepare for open enrollment
- D. Valid type of life event
Answer: A
NEW QUESTION # 34
A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.
How can you configure this scenario for the company?
- A. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
- B. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- C. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
- D. Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
Answer: A
NEW QUESTION # 35
An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:
- A. No unrestricted event is available for the employee.
- B. No option is available for the plan for enrollment.
- C. The employee is not eligible for the enrollment.
- D. No life event is detected.
Answer: A
NEW QUESTION # 36
Which two statements are true about Enrollment Authorizations?
- A. They appear several times if the participant enters self-service multiple times for a single life event.
- B. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
- C. They appear only the first time that the participant enters self-service enrollment for multiple life events.
- D. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- E. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
Answer: D,E
NEW QUESTION # 37
A company wants to display the following text on its Benefit 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 # 38
Benefit configuration for dependent options
- A. Optional, mandatory for participant
- B. Hours worked, full-time equivalent, compensation
- C. Evaluate life events, close enrollment, enrollment authorizations
- D. Create two eligibility profiles based on age
Answer: D
NEW QUESTION # 39
The reinstatement rule enables you to restore elections during which two events?
- A. The open event was backed out by the administrator from the Benefits Service Center.
- B. An intervening life event backed out the open event.
- C. The intervening life event activated the open event.
- D. The open event was accidentally backed out.
Answer: B,D
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION # 40
An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
- A. January 15, 2017
- B. December 28, 2016
- C. January 22, 2017
- D. January 31, 2017
Answer: D
NEW QUESTION # 41
Evaluate Life Events, Close Enrollment, Enrollment Authorizations
- A. Creation of enrollment results
- B. Termination life event configuration
- C. Number of train stops on benefits enrollment page
- D. Valid type of life event
Answer: A
NEW QUESTION # 42
You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:
A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?
- A. Configure a secondary rate with the calculation method as Multiple of Coverage.
- B. Configure a primary rate with the calculation method as Multiple of Coverage.
- C. Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
- D. Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
Answer: C
NEW QUESTION # 43
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 l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
- C. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
- D. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
Answer: D
NEW QUESTION # 44
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. Manage enrollment authorization > administration usage > self-service description text
- C. Configure plan type grouping display > administration usage > self-service description text
- D. Configure plan type grouping display > self-service usage > self-service description text
Answer: C
NEW QUESTION # 45
Plan Configuration, Evaluation and Reporting
- A. Overspending in flex credit shell plans
- B. Tasks to prepare for open enrollment
- C. Number of train stops on benefits enrollment page
- D. Valid type of life event
Answer: B
NEW QUESTION # 46
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 first day of the open enrollment period.
- D. It is the date on which default benefits assignments are made.
Answer: D
NEW QUESTION # 47
A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?
- A. The number of proximity days was specified as 20.
- B. The life event had expired.
- C. The number of proximity days was specified as 0.
- D. The number of proximity days was specified as 15.
Answer: D
NEW QUESTION # 48
Can you upload student and disability status for multiple persons at one time?
- A. No, this option isn,t available.
- B. Yes, it can be accomplished by creating a benefit group.
- C. Yes, it can be accomplished through the spreadsheet loader.
- D. Yes, it can be accomplished through a benefit administrator task.
Answer: B
NEW QUESTION # 49
A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?
- A. as of enrollment start date
- B. as of rate start date
- C. as of coverage start date
- D. as of event start date
Answer: D
NEW QUESTION # 50
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