Free Oracle 1D0-1053-24-D Exam Questions

Question 1

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 : collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.

B : collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.

C : collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.

D : collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.

Answer: A

Question 2

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 : it the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.

B : eate the new plan with session effective date as January 1 of the current year 2017. and the status as Active,

C : it the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.

D : it the new plan with session effective date as January of the current plan year 2017, and the status as Active.

E : eate the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.

Answer: B

Question 3

XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less. How do you define a benefit configuration for these two options?

A : eate two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan

B : eate one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.

C : eate one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.

D : eate two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.

Answer: D

Question 4

A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A : ch occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.

B : amount of deduction from employee pay check for enrollment is varied based on a life event.

C : ch occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object

D : fe events affect benefits processing for a participant.

Answer: C,D

Question 5

A benefits administrator goes to the Enrollment task and finds the following under, the life event summary:

1. Address Change life event status: Detected

2. New Hire life event: Manual

What does this status signify?

A : New Hire life event was manually selected. An Address Change event was triggered for the person and participation evaluation processing was evaluated.

B : New Hire life event was manually selected. An Address Change event was triggered for the person, and participation evaluation processing has not yet evaluated it.

C : New Hire life event was manually selected, or the Configure the Timeliness Evaluation setting of a particular life event set the An Address Change event was triggered for the person and participation evaluate processing has not yet evaluated it.

D : New Hire life event was manually selected. An Address Change event is yet to be triggered and processed for, the employee.

Answer: C