Free Oracle Benefits Cloud 2020 Implementation Essentials Exam 1Z0-1053-20 Exam Practice Test

Which is NOT a derived factor type?

• Hours Worked
• Full-Time Equivalent
• Compensation
• Grade https://fusionhelp.oracle.com/fscmUI/topic/TopicId_P_97785F9989D66DC3E040D30A688159C5

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?

• Configure plan type grouping display -> administration usage -> self-service description text
• Configure plan type grouping display -> self-service usage -> self-service description text
• Manage enrollment authorization -> administration usage -> self-service description text
• Manage enrollment authorization -> self-service usage -> self-service description text

A Global Dental Plan has the following options attached to it:Option 1: Employee OnlyOption 2: Employee Plus SpouseOption 3: Employee Plus Spouse Plus ChildrenThe 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?

• 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.
• 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.
• 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.
• 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.

Which object is NOT included in benefit export?

• Eligibility profile
• Program configuration
• Plan not in program configuration
• Element input values https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/faibf/benefits-configuration-exports-and-imports.html#FAIBF1020137

The 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?

• The rate amount Is a variable rate for the employee's legal employer.
• The rate amount is of the unit of measure 'Money'.
• The rate amount is not configured for the employee's specific legal employer.
• The rate amount 'Assign on Enrollment' is enabled for five legal entities.

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?

• Associate the life events with only flexible benefit programs.
• Associate the life events only with benefit plans which are not in a program.
• Associate the life events only with benefit plans which are in a program.
• Associate the life events with benefit plans or program.
• Associate the life events only with Core benefit programs.

A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:1. Address Change life event status: Detected2. New Hire life event: ManualWhat does this status signify?

• A New Hire life event was manually selected. An Address Change event was triggered for the person and participation evaluation processing was evaluated.
• A New Hire life event was manually selected. An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.
• A New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.
• A New Hire life event was manually selected. An Address Change event is yet to be triggered and processed for, the employee.

XX Global Health Plan has multiple options attached.* Option i: XX Annual Health Insurance* Option 2: Monthly Health InsuranceThe plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.Which is the correct configuration for the Life event - Termination?

• Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with 'Formula' as the enrollment period start date, attaching a customized Enrollment period start date type formula.
• Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with 'Mid of the month' as the enrollment period start date.
• Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with 'Number of Days from the event'' as the enrollment period start date and the number field as 15.
• Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with 'Formula' as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
• Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with 'As of event date' as the enrollment period start date.

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?

• Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
• Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
• Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.
• Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
• Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.

Which two are program types when you configure Flex Credits?

• Other Credits
• Core
• Flex
• Flex Credits and Core https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/faibf/flex-credit-configuration.html#FAIBF1085855_2