Free Oracle 1Z0-1053-20 Exam Dumps Questions & Answers

Which is NOT a derived factor type?

• A.  Hours Worked
• B.  Compensation
• C.  Grade
• D.  Full-Time Equivalent

What rate is used for the flex credit program to adjust the total cost of the program?

• A.  Standard Secondary Rate
• B.  Rollover Rate
• C.  Standard Rollover Rate
• D.  Standard Primary Rate

Which two are correct processes regarding performing the Benefits Extract setup?

• A.  Extract benefits enrollment information into a single XML file for each plan carrier.
• B.  Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
• C.  Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
• D.  Configure plan carrier details and extract options using the Manage Plan Carriers task.
• E.  Extract benefits enrollment information into separate XML files for each plan and plan carrier.

Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. The Timeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

• A.  No collapsing rule was set.
• B.  The process doesn't evaluate other events that occur later than the Marriage event until you decide what action to take for that event.
• C.  The employee is not eligible for life events.
• D.  The Marriage event occurred before the Transfer event.

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