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

  • Exam Code: 1Z0-1053-21
  • Exam Name: Oracle Benefits Cloud 2021 Implementation Essentials
  • Updated: Sep 05, 2026     Q & A: 62 Questions and Answers

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Oracle 1Z0-1053-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Fast Formulas and Calculations- Benefits Fast Formulas usage
  • 1. Eligibility and rate calculations
    • 2. Custom business rules implementation
      Topic 2: Security and Administration- Role-based access and security model
      • 1. Data security policies
        • 2. Benefits administrator roles
          Topic 3: Reporting and Maintenance- Benefits reporting and analytics
          • 1. Standard reports and dashboards
            • 2. Ongoing maintenance tasks
              Topic 4: Benefits Cloud Overview- Architecture and key concepts of Oracle Benefits Cloud
              • 1. Benefits framework components
                • 2. Integration within Oracle HCM Cloud
                  Topic 5: Enrollment and Life Events- Life event processing
                  • 1. Event-triggered updates
                    • 2. Enrollment flows and changes
                      Topic 6: Plan and Program Configuration- Benefit programs and plan design
                      • 1. Coverage and enrollment rules
                        • 2. Plan types and options
                          Topic 7: Eligibility and Profiles- Eligibility Profiles setup and usage
                          • 1. Derived factors and eligibility criteria
                            • 2. Profile management and assignments
                              Topic 8: Payroll and Financial Integration- Integration with payroll systems
                              • 1. Accounting and reporting flows
                                • 2. Deductions and costing setup

                                  Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

                                  Question 1

                                  A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
                                  What will be the life event start date?

                                  A. as of enrollment start date
                                  B. as of rate start date
                                  C. as of coverage start date
                                  D. as of event start date


                                  Question 2

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


                                  Question 3

                                  Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?

                                  A. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
                                  B. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
                                  C. All plans in 3 plan type can be displayed on different trainstops as groupings are done at the program level.
                                  D. All plans can be configured at the plan level.


                                  Question 4

                                  Which is NOT a valid type of life event?

                                  A. Temporal
                                  B. Explicit
                                  C. Restricted
                                  D. Unrestricted
                                  E. Scheduled


                                  Question 5

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

                                  A. If all profiles are optional, then at least one of the profiles must be satisfied.
                                  B. If some but not all profiles arerequired, then all required profiles must be satisfied and at least one optional profile must also 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.


                                  Solutions:

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

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