1z0-1053 Free Practice Test

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

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

Correct Answer: CD
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20376/F566540AN394C7.htm

The reinstatement rule enables you to restore elections during which two events?

1. A. The open event was backed out by the administrator from the Benefits Service Center.
2. B. The intervening life event activated the open event.
3. C. An intervening life event backed out the open event.
4. D. The open event was accidentally backed out.

Correct Answer: CD
https://docs.oracle.com/cd/E51367_01/globalop_gs/FACMB/F1420689AN14307.htm

Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

1. A. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
2. B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
3. C. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
4. D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
5. E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.

Correct Answer: B

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?

1. A. Min = 1, Max - 1
2. B. Min = 1, Max = 2
3. C. Min = 0, Max = 1
4. D. Min = 0, Max = 0

Correct Answer: B

What rate is used for the flex credit program to adjust the total cost of the program?

1. A. Standard Primary Rate
2. B. Standard Rollover Rate
3. C. Rollover Rate
4. D. Standard Secondary Rate

Correct Answer: C