Oracle 1Z0-1053-20 Prüfungsfragen : Oracle Benefits Cloud 2020 Implementation Essentials

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 cannot be achieved in the current system offerings.
• B. This requirement can be achieved through customization only.
• C. This requirement can be completely achieved with configuration only.
• D. This requirement cannot be achieved with configurations, and would require custom Fast Formula.

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 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.
• B. 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.
• C. 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.
• D. 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.

A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

• A. Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
• B. Life events affect benefits processing for a participant.
• C. The amount of deduction from employee pay check for enrollment is varied based on a life event.
• D. Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.

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?

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

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