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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

Page:    1 / 13      
Total 62 Questions | Updated On: May 04, 2024
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Question 1

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:
1-Z0-1053-20
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?


Answer: D
Question 2

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?


Answer: B
Question 3

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?


Answer: C
Question 4

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?


Answer: B
Question 5

How do you set up a Termination life event to end coverage at the end of the month?


Answer: C
Page:    1 / 13      
Total 62 Questions | Updated On: May 04, 2024
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