Free Practice Oracle 1Z0-1053-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Benefits Cloud 2024 Implementation Professional 1Z0-1053-24 Dumps Practice Questions

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Total 62 Questions | Updated On: Mar 25, 2025

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Question 1

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 can be completely achieved with configuration only.

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

D : This requirement cannot be achieved in the current system offerings.

Answer: D

Question 2

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 period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.

B : 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.

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: B

Question 3

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 have created an Option 3: Coverage Declined.

B : They should not have enabled the Assign on Default button for the options.

C : They should have configured an eligibility fast formula

D : They should have enabled a plan restriction fast formula.

Answer: D

Question 4

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 : Configure plan type grouping display -> administration usage -> self-service description text

B : Configure plan type grouping display -> self-service usage -> self-service description text

C : Manage enrollment authorization -> administration usage -> self-service description text

D : Manage enrollment authorization -> self-service usage -> self-service description text

Answer: C

Question 5

To which two benefits objects can Year Period be attached to?

A : Program

B : Plan Type

C : Plan

D : Option

Answer: A,C

Page: 1 / 13

Total 62 Questions | Updated On: Mar 25, 2025

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