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: Aug 20, 2026
  • Q&As: 62 Questions and Answers

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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Administering Benefits- Prepare and manage open enrollment
- Manage enrollments & service center tasks
- Common administrative tasks
- Flex credits and coverage/rates management
Topic 2: Benefits Billing and Court Orders- Manage benefit court orders
- Configure benefits billing
Topic 3: Configuring Benefits- Enrollment display and configuration
- Plan types and options configuration
- Configure life events
- Create benefit plans, programs, groups and eligibility profiles
Topic 4: Reporting on Benefits- Extract and transmit data to plan carriers
- Benefit reporting basics
- Enrollment results and extracts

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

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


2. This is the configuration of a collapsing life event rule:
Life event =Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

A) The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
B) The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
C) The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
D) The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.


3. An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of
100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

A) This requirement can be completely achieved with configuration only.
B) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
C) This requirement can be achieved through customization only.
D) This requirement cannot be achieved in the current system offerings.


4. The benefits administrator has configured five rates for five different legal entities. After implementation, an employeelogs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can't the employee see the assigned rate amount?

A) The rate amount is not configured for the employee's specific legal employer.
B) The rate amount Is a variable rate for the employee's legal employer.
C) The rate amount is of the unit of measure "Money".
D) The rate amount "Assign on Enrollment" is enabled for five legal entities.


5. To which two benefits objects can Year Period be attached to?

A) Program
B) Option
C) Plan
D) Plan Type


Solutions:

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

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