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

1Z0-1053-21 real exams

Exam Code: 1Z0-1053-21

Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials

Updated: Aug 08, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1053-21 Exam Syllabus Topics:

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

                                  Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

                                  1. Which object is NOT included in benefit export?

                                  A) Eligibility profile
                                  B) Program configuration
                                  C) Plan notin program configuration
                                  D) Element input values


                                  2. An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

                                  A) This can be achieved via customization only.
                                  B) Dependent/Beneficiary designation can only be doneon the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
                                  C) This can be achieved via configuration.
                                  D) This cannot be achieved.


                                  3. A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
                                  Why did the collapsing rule fail?

                                  A) The number of proximity days was specified as 0.
                                  B) The number of proximity days was specified as 20.
                                  C) The number of proximity days was specified as 15.
                                  D) The life event had expired.


                                  4. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

                                  A) It Is the last day of the open enrollment period.
                                  B) It is the date on which default benefits assignments are made.
                                  C) It is the first day of the open enrollment period.
                                  D) It is the effective date of the open event and the date on which eligibilityis evaluated.


                                  5. A benefits consultant implemented a plan for life insurance with the following options:
                                  1. Option 1: Employee only
                                  2. Option 2: Employeeplus spouse
                                  The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
                                  Where did the benefits consultant go wrong with the implementation?

                                  A) They should have configured an eligibility fast formula
                                  B) They should have enabled a plan restriction fast formula.
                                  C) They should not have enabled the Assign on Default button for the options.
                                  D) They should have created an Option 3: Coverage Declined.


                                  Solutions:

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

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