Oracle 1Z0-1053-21 : Oracle Benefits Cloud 2021 Implementation Essentials

  • Exam Code: 1Z0-1053-21
  • Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
  • Updated: Sep 02, 2025
  • Q & A: 62 Questions and Answers

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Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

A) The employee is not eligible for life events.
B) The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
C) The Marriage eventoccurred before the Transfer event.
D) No collapsing rule was set.


2. Can you define overspending of a budget pool in flex credit shell plans?

A) No, you do not have aplace holder.
B) Yes, you can define it in the standard rates.
C) Yes, you can define it in the spending options.
D) Yes, you can define it as per the flex credit formula.


3. Your customer decided to use some delivered explicit life events in their business. What is your next step asan HCM Consultant after defining triggers as per the retirement?

A) Associate the life events with benefit plans or program.
B) Associate the life events with only flexible benefit programs.
C) Associate the life events only with benefit plans which are in a program.
D) Associate the life events only with Core benefit programs.
E) Associate the life events only with benefit plans which are not in a program.


4. XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The 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?

A) 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.
B) 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.
C) Configure Termination as a Life event underthe Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
D) Configure Termination as a Lifeevent 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.
E) 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.


5. 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?

A) Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
B) Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
C) Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
D) Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
E) Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: E

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