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Free Oracle 1Z0-1053-24 Exam Questions

Try our Free Demo Practice Tests for Comprehensive 1Z0-1053-24 Exam 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: Mar 28, 2025
  • Rated: 4.9 |
  • Online Users: 124
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  • Question 1
    • How do you set up a Termination life event to end coverage at the end of the month?

      Answer: C
  • Question 2
    • 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 3
    • Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group. How do you assign the individual functional consultant to this newly created benefits group?

      Answer: C
  • Question 4
    • A benefits consultant implemented a plan for life insurance with the following options:
      1. Option 1: Employee only
      2. Option 2: Employee plus 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?

      Answer: D
  • Question 5
    • 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
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