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

1Z0-1053-21 Exam Simulator
  • Exam Code: 1Z0-1053-21
  • Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
  • Updated: Aug 04, 2026
  • Q & A: 62 Questions and Answers
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Oracle 1Z0-1053-21 Exam Syllabus Topics:

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

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


                                  2. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
                                  1) Enrollment Period Start Date - January 1, 201/
                                  2) Enrollment Period End Date - January 31, 2017
                                  3) Assign Defaults Date - January 31, 2017
                                  4) Assigned Life Event Date - January 15, 2017
                                  5) Coverage Start Date - Latest of elections, event or notified
                                  The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
                                  What is the coverage start date for this employee?

                                  A) December 28, 2016
                                  B) January 22, 2017
                                  C) January 15, 2017
                                  D) January 31, 2017


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


                                  4. Your customer decided to use some delivered explicit life events in their business. What is your next step asan HCM Consultant after defining triggers as per the retirement?

                                  A) Associate the life events with benefit plans or program.
                                  B) Associate the life events with only flexible benefit programs.
                                  C) Associate the life events only with benefit plans which are not in a program.
                                  D) Associate the life events only with benefit plans which are in a program.
                                  E) Associate the life events only with Core benefit programs.


                                  5. Which three are change opportunities an organization can implement during Open Enrollment?

                                  A) update rates
                                  B) modify plan configuration
                                  C) decline coverage
                                  D) Start new benefit offerings
                                  E) enroll in existing plans


                                  Solutions:

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

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