Free Oracle 1Z0-1053 Exam Dumps Questions & Answers

Which statement about Waive options is true?

• A.  Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
• B.  Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
• C.  Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
• D.  Waive options are options which do not require any dependent/beneficiary designation.

Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?

• A.  Associate the life events only with Core benefit programs.
• B.  Associate the life events only with benefit plans which are in a program.
• C.  Associate the life events with benefit plans or program.
• D.  Associate the life events with only flexible benefit programs.
• E.  Associate the life events only with benefit plans which are not in a program.

How do you configure the link between the payroll module and benefits?

• A.  Link the element to the plan rate.
• B.  Link the payroll to the plan coverage.
• C.  Link the element to the plan coverage.
• D.  Link the payroll to the plan salary basis.

Which two statements are correct with respect to required action in the eligibility profile?

• A.  If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
• B.  If all profiles are optional, then at least one of the profiles must be satisfied.
• C.  If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.
• D.  If all profiles are requited, then at least one of the profiles must be satisfied.

How do you set up a Termination life event to end coverage at the end of the month?

• A.  Coverage and Pate Date Ranges:
  Coverage Start Date: End of the Month
  Previous Coverage End Date: End of the Month
• B.  Coverage and Rate Date Ranges:
  Coverage Start Date: First of the Month
  Previous Coverage End Date: End of the Month
• C.  Coverage and Rate Date Ranges:
  Coverage Start Date: First of the Next Month
  Previous Coverage End Date: End of the Month
• D.  Coverage and Rate Date Ranges:
  Coverage Start Date: End of the Month
  Previous Coverage End Date: First of the Next Month