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Oracle 1Z0-1053-24

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Exam contains 60 questions

Page 7 of 10
Question 37 🔥

A benefits administrator can see these statuses of life events - 1. New Hire processed on 28-Apr-2016. 2. Marriage detected on 1-Jun-2016. What do these statuses imply?

Question 38 🔥

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

Question 39 🔥

Which object is NOT included in benefit export?

Question 40 🔥

You are a benefits consultant implementing for a company that offers a life Insurance plan for employeeswith only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smokingstatus/gender: 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?

Question 41 🔥

A Global Dental Plan has the following options attached to it: Option 1: Employee Only Option 2:Employee Plus Spouse Option 3: Employee Plus Spouse Plus Children The company wants an employeeto select only one option whichwillberestrictedfor twoyears. After two/ears theemployee will get an opportunity to enroll intoa new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted. How can you configure this scenario for the company?

Question 42 🔥

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

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