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

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

SectionObjectives
Benefits Billing and Court Orders- Configure benefits billing
- Manage benefit court orders
Administering Benefits- Manage enrollments & service center tasks
- Flex credits and coverage/rates management
- Prepare and manage open enrollment
- Common administrative tasks
Reporting on Benefits- Enrollment results and extracts
- Extract and transmit data to plan carriers
- Benefit reporting basics
Configuring Benefits- Configure life events
- Enrollment display and configuration
- Plan types and options configuration
- Create benefit plans, programs, groups and eligibility profiles

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

Question #1

Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?

  • A. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
  • B. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
  • C. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
  • D. Edit the new plan with sessioneffective date as January 1 of the upcoming plan year 2018, and the status as Active.
  • E. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
Answer: A
Question #2

Which is NOT a derivedfactor type?

  • A. Hours Worked
  • B. Full-Time Equivalent
  • C. Grade
  • D. Compensation
Answer: C

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Question #3

When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

  • A. It is the effective date of the open event and the date on which eligibilityis evaluated.
  • B. It is the first day of the open enrollment period.
  • C. It Is the last day of the open enrollment period.
  • D. It is the date on which default benefits assignments are made.
Answer: C
Question #4

Can you define overspending of a budget pool in flex credit shell plans?

  • A. Yes, you can define it in the spending options.
  • B. Yes, you can define it in the standard rates.
  • C. No, you do not have aplace holder.
  • D. Yes, you can define it as per the flex credit formula.
Answer: A
Question #5

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. 5
  • C. 3
  • D. 4
Answer: C

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