Free Oracle 1Z0-1053-22 Exam Actual Questions

The questions for 1Z0-1053-22 were last updated On Nov 19, 2024

Question No. 1

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

Show Answer Hide Answer
Question No. 2

A company offers a benefits plan to its employees that includes:

1) Health coverage plan for employee and family

2) Top up health coverage plan at extra premium

3) Life insurance plan for employee and family

4) In Network Dental Insurance plan

5) Out of network Dental insurance plan

6) Eye care plan

How many plan types do you need to configure for this customer?

Show Answer Hide Answer
Correct Answer: B

Question No. 3

The company has the following two plans:

1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family

2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child

The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.

Which is the correct configuration for this scenario?

Show Answer Hide Answer
Correct Answer: D

Question No. 4

The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.

What is the reason for this status?

Show Answer Hide Answer
Question No. 5

Which is NOT a derived factor type?

Show Answer Hide Answer