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Free Oracle 1Z0-1053-24 Exam Questions

Absolute Free 1Z0-1053-24 Exam Practice for Comprehensive Preparation 

  • Oracle 1Z0-1053-24 Exam Questions
  • Provided By: Oracle
  • Exam: Oracle Benefits Cloud 2024 Implementation Professional
  • Certification: Oracle Benefits Cloud
  • Total Questions: 62
  • Updated On: Feb 18, 2025
  • Rated: 4.9 |
  • Online Users: 124
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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
    • To which two benefits objects can Year Period be attached to?

      Answer: A,C
  • Question 3
    • 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?

      Answer: C
  • Question 4
    • 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?

      Answer: D
  • Question 5
    • 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?

      Answer: D
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