Oracle 1Z1-1053 Actual Free Exam Questions & Community Discussion
To which two benefits objects can Year Period be attached to?
Correct Answer: A,C
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Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
Correct Answer: A
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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?
Correct Answer: B
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Which is NOT a valid type of life event?
Correct Answer: B
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What are the different types of open enrollment options available under Scheduled tab in program?
Correct Answer: C
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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 employee to select only one option which will be restricted for two years. After two
/ears the employee will get an opportunity to enroll into a 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?
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two
/ears the employee will get an opportunity to enroll into a 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?
Correct Answer: C
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