1Z0-1053-22 Online Practice Questions and Answers

Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.

What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A. Standard Rate Value

B. Standard Coverage Volume

C. Standard input Value

D. Standard wash Rule formula

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 effective date of the open event and the date on which eligibilityis evaluated.

B. It is the date on which default benefits assignments are made.

C. It Is the last day of the open enrollment period.

D. It is the first day of the open enrollment period.

Can you upload student and disability status for multiple persons at one time?

A. Yes, it can be accomplishedthrough a benefit administrator task.

B. Yes, it can be accomplished by creating a benefit group.

C. Yes, it can be accomplished through the spreadsheet loader.

D. No, this option isn't available.

This is the configuration of a collapsing life event rule: Life event =Marriage and Dependent Operator = AND Resulting Event Name = Dependent Life Event Occurred Date = Earliest Life Event Occurred Date Proximity Days = 0 You run the collapsing rule in the scenario:

1.

Marriage event occurs on August 1, 2015.

2.

Dependent event occurs on August 1, 2015. What is the result?

A. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.

B. The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.

C. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.

D. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.

A company wantsto display the following text on its Benefit Employee Self Service:

"Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchase additional days through the."

How do you configure this?

A. Configure plan type grouping display-> administration usage-> self-service description text

B. Configure plan type grouping display-> self-service usage-> self-service description text

C. Manage enrollment authorization-> administration usage-> self-service description text

D. Manage enrollment authorization-> self-service usage-> self-service description text

Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group. How do you assign the individual functional consultant to this newly created benefits group?

A. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.

B. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.

C. Assign individuals to the benefit group using the Manage Person Habits andBenefit Groups task in the Enrollment work area.

D. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.

E. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.

Which two are correct processes regarding performing the Benefits Extractsetup?

A. Configure plan carrier details and extract options using the Manage Plan Carriers task.

B. Extract benefits enrollment information into separate XML files for each plan and plan carrier.

C. Configure the carrier names for plan types, plans, andoption using the Manage Plan Carriers task.

D. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.

E. Extract benefits enrollment information into a single XML file for each plan carrier.

What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

A. 5

B. 7

C. The number of train stops can be configured.

D. 6

Which is NOT a valid type of life event?

A. Explicit

B. Temporal

C. Scheduled

D. Unrestricted

E. Restricted

Your customer wants to create anexplicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?

A. On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.

B. On the CreateLife Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.

C. On the Create Life Event page under General Information, select the Global check box and add specific legal entities.

D. On the CreateLife Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.

An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:

A. No life event is detected.

B. Nooption is available for the plan for enrollment.

C. No unrestricted event is available for the employee.

D. The employee is not eligible for the enrollment.

How many life events can be included in a collapsing rule?

A. 10

B. 8

C. 12

D. 7

A benefits administrator can see these statuses of life events

1.

New Hire processed on 28-Apr-2016.

2.

Marriage detected on 1-Jun-2016. What do these statuses imply?

A. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

B. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.

C. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.

D. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

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

A. Associate the life events with only flexible benefit programs.

B. Associate the life events only with benefit plans which are not in a program.

C. Associate the life events only with benefit plans which are in a program.

D. Associate the life events with benefit plans or program.

E. Associate the life events only with Core benefit programs.

An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are: 1) Enrollment Period Start Date- January 1, 201/ 2) Enrollment Period End Date- January 31, 2017 3) Assign Defaults Date- January 31, 2017 4) Assigned Life Event Date- January 15, 2017 5) Coverage Start Date- Latest of elections, event or notified The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.

What is the coverage start date for this employee?

A. January 15, 2017

B. December 28, 2016

C. January 31, 2017

D. January 22, 2017