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Actual 1Z0-1053-23 Test - Valid 1Z0-1053-23 Braindumps
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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions (Q37-Q42):
NEW QUESTION # 37
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?
- A. They should not have enabled the Assign on Default button for the options.
- B. They should have created an Option 3: Coverage Declined.
- C. They should have enabled a plan restriction fast formula.
- D. They should have configured an eligibility fast formula
Answer: C
NEW QUESTION # 38
The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?
- A. The life event date was different.
- B. The life event was configured for another date.
- C. The life event was not backed out properly.
- D. The life event reinstatement rule was configured.
Answer: B
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm
NEW QUESTION # 39
The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
- A. The benefits administrator has a login from the previous date to that of 15 March 20l7.
- B. A cycle has already run for open enrollment, so no life event date is available.
- C. The life event date configured for XX Life Program is not 15 March 2017
- D. There is no configuration for open enrollment for the XX Life Program.
Answer: B
NEW QUESTION # 40
Year Period attachment
- A. Explicit, Temporal, Scheduled, Unrestricted
- B. Hours Worked, Full-time Equivalent, Compensation
- C. Plan, Option
- D. Can Be Defined In Spending Options
Answer: C
NEW QUESTION # 41
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- B. when a default enrollment is processed
- C. when an electable choice is saved 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: A,C,D
NEW QUESTION # 42
......
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