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

1Z0-1053-21 real exams

Exam Code: 1Z0-1053-21

Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials

Updated: Jul 31, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Maintenance- Benefits reporting and analytics
  • 1. Ongoing maintenance tasks
    • 2. Standard reports and dashboards
      Topic 2: Security and Administration- Role-based access and security model
      • 1. Data security policies
        • 2. Benefits administrator roles
          Topic 3: Fast Formulas and Calculations- Benefits Fast Formulas usage
          • 1. Eligibility and rate calculations
            • 2. Custom business rules implementation
              Topic 4: Benefits Cloud Overview- Architecture and key concepts of Oracle Benefits Cloud
              • 1. Integration within Oracle HCM Cloud
                • 2. Benefits framework components
                  Topic 5: Payroll and Financial Integration- Integration with payroll systems
                  • 1. Accounting and reporting flows
                    • 2. Deductions and costing setup
                      Topic 6: Eligibility and Profiles- Eligibility Profiles setup and usage
                      • 1. Profile management and assignments
                        • 2. Derived factors and eligibility criteria
                          Topic 7: Enrollment and Life Events- Life event processing
                          • 1. Enrollment flows and changes
                            • 2. Event-triggered updates
                              Topic 8: Plan and Program Configuration- Benefit programs and plan design
                              • 1. Plan types and options
                                • 2. Coverage and enrollment rules

                                  Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

                                  1. 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?

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


                                  2. A company offers a benefits plan to its employees that includes:
                                  1) Health coverage plan for employee and family
                                  2) Top up health coverageplan 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?

                                  A) 6
                                  B) 3
                                  C) 5
                                  D) 4


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

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


                                  4. A benefits consultant implemented a plan for life insurance with the following options:
                                  1. Option 1: Employee only
                                  2. Option 2: Employeeplus spouse
                                  The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
                                  Where did the benefits consultant go wrong with the implementation?

                                  A) They should have configured an eligibility fast formula
                                  B) They should have enabled a plan restriction fast formula.
                                  C) They should not have enabled the Assign on Default button for the options.
                                  D) They should have created an Option 3: Coverage Declined.


                                  5. The Open life event for a plan was backed out. The benefits administrator reprocessedthe Open life event and found the earlier elections us originally enrolled in the plan.
                                  What is the reason for this status?

                                  A) The life event was configured for another date.
                                  B) The life event reinstatement rule was configured.
                                  C) The life event date was different.
                                  D) The life event was not backed out properly.


                                  Solutions:

                                  Question # 1
                                  Answer: C
                                  Question # 2
                                  Answer: B
                                  Question # 3
                                  Answer: B,C
                                  Question # 4
                                  Answer: B
                                  Question # 5
                                  Answer: B

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