Free Oracle 1Z0-1053-26 Exam Dumps Questions & Answers

Can you define overspending of a budget pool in flex credit shell plans?

• A.  No, you do not have a place holder.
• B.  Yes, you can define it as per the flex credit formula.
• C.  Yes, you can define it in the spending options.
• D.  Yes, you can define it in the standard rates.

Which three are correct methods by which enrollment results can be created and made available for viewing?

• A.  after the Close Enrollment process has completed
• B.  when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
• C.  when an electable choice is saved as a part of self-service enrollment
• D.  after the Evaluate Life Events batch process is completed successfully
• E.  when a default enrollment is processed

Which statement about configuring Designation Requirements is true?

• A.  A plan must have multiple options for Designation Requirement to be configured.
• B.  A Designation Requirement cannot be configured for a plan with no option.
• C.  A Designation Requirement can be configured for a plan with no option.
• D.  A plan must have the waive option for Designation Requirement to be configured.

The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

• A.  The life event was not backed out properly.
• B.  The life event date was different.
• C.  The life event was configured for another date.
• D.  The life event reinstatement rule was configured.

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