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

Pass 1Z0-1053-21 Exam Cram

Exam Code: 1Z0-1053-21

Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials

Updated: Aug 15, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1053-21 Exam Syllabus Topics:
SectionObjectives
Enrollment and Life Events- Life event processing
  • 1. Enrollment flows and changes
    • 2. Event-triggered updates
      Payroll and Financial Integration- Integration with payroll systems
      • 1. Deductions and costing setup
        • 2. Accounting and reporting flows
          Fast Formulas and Calculations- Benefits Fast Formulas usage
          • 1. Custom business rules implementation
            • 2. Eligibility and rate calculations
              Eligibility and Profiles- Eligibility Profiles setup and usage
              • 1. Profile management and assignments
                • 2. Derived factors and eligibility criteria
                  Benefits Cloud Overview- Architecture and key concepts of Oracle Benefits Cloud
                  • 1. Benefits framework components
                    • 2. Integration within Oracle HCM Cloud
                      Reporting and Maintenance- Benefits reporting and analytics
                      • 1. Ongoing maintenance tasks
                        • 2. Standard reports and dashboards
                          Security and Administration- Role-based access and security model
                          • 1. Data security policies
                            • 2. Benefits administrator roles
                              Plan and Program Configuration- Benefit programs and plan design
                              • 1. Coverage and enrollment rules
                                • 2. Plan types and options
                                  Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

                                  1. 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 plusChild, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
                                  Which is the correct configuration for this scenario?

                                  A) Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
                                  B) Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
                                  C) Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
                                  D) Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.


                                  2. How do you set up a Termination life event to end coverage at the end of the month?

                                  A) Coverage and Rate Date Ranges:
                                  Coverage Start Date: End of the Month
                                  Previous Coverage End Date: First of the Next Month
                                  B) Coverage and Rate Date Ranges:
                                  Coverage Start Date: First of the Month
                                  Previous Coverage End Date: End of the Month
                                  C) Coverage and Rate Date Ranges:
                                  Coverage Start Date: First of the Next Month
                                  Previous Coverage End Date: End of the Month
                                  D) Coverage and Pate Date Ranges:
                                  Coverage Start Date: End of the Month
                                  Previous Coverage End Date: End of the Month


                                  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?

                                  A) Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
                                  B) Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
                                  C) Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
                                  D) Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
                                  E) Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.


                                  4. How do you configure the link between the payroll module and benefits?

                                  A) Link the element to the plan rate.
                                  B) Link the payroll to the plan coverage.
                                  C) Link the element to the plan coverage.
                                  D) Link the payroll to the plan salary basis.


                                  5. A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
                                  What will be the life event start date?

                                  A) as of enrollment start date
                                  B) as of rate start date
                                  C) as of event start date
                                  D) as of coverage start date


                                  Solutions:

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

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