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

1Z0-1053-21 real exams

Exam Code: 1Z0-1053-21

Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials

Updated: Aug 11, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Benefits Cloud Overview- Architecture and key concepts of Oracle Benefits Cloud
  • 1. Benefits framework components
    • 2. Integration within Oracle HCM Cloud
      Reporting and Maintenance- Benefits reporting and analytics
      • 1. Ongoing maintenance tasks
        • 2. Standard reports and dashboards
          Payroll and Financial Integration- Integration with payroll systems
          • 1. Accounting and reporting flows
            • 2. Deductions and costing setup
              Eligibility and Profiles- Eligibility Profiles setup and usage
              • 1. Profile management and assignments
                • 2. Derived factors and eligibility criteria
                  Enrollment and Life Events- Life event processing
                  • 1. Event-triggered updates
                    • 2. Enrollment flows and changes
                      Security and Administration- Role-based access and security model
                      • 1. Benefits administrator roles
                        • 2. Data security policies
                          Fast Formulas and Calculations- Benefits Fast Formulas usage
                          • 1. Custom business rules implementation
                            • 2. Eligibility and rate calculations
                              Plan and Program Configuration- Benefit programs and plan design
                              • 1. Coverage and enrollment rules
                                • 2. Plan types and options

                                  Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

                                  1. The Open life event for a plan was backed out. The benefits administrator reprocessedthe Open life event and found the earlier elections us originally enrolled in the plan.
                                  What is the reason for this status?

                                  A) The life event was not backed out properly.
                                  B) The life event was configured for another date.
                                  C) The life event date was different.
                                  D) The life event reinstatement rule was configured.


                                  2. The reinstatement rule enables you to restore elections during which two events?

                                  A) An intervening life event backed out the open event.
                                  B) The open event was backed out by the administrator from the Benefits Service Center.
                                  C) The open event was accidentally backed out.
                                  D) The intervening life event activated the open event.


                                  3. Which benefit object must be created prior to creating an option?

                                  A) Plan
                                  B) Plan Type
                                  C) Coverage
                                  D) Rate


                                  4. Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
                                  How do you accomplish this requirement?

                                  A) Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
                                  B) Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
                                  C) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
                                  D) Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
                                  E) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.


                                  5. What rate is used for the flex creditprogram to adjust the total cost of the program?

                                  A) Standard Rollover Rate
                                  B) Standard Secondary Rate
                                  C) Rollover Rate
                                  D) Standard Primary Rate


                                  Solutions:

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

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