Easily To Pass New 1Z0-1053-26 Premium Exam Updated [Sep 17, 2026]
1Z0-1053-26 Certification All-in-One Exam Guide Sep-2026
NEW QUESTION # 13
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?
- A. Run the Person Enrollment Summary Report from Benefits Self Service.
- B. Run the Enrollment Kit Report from Benefits Self-Service.
- C. Run the Enrollment Kit Report from the Benefits Enrollment work area.
- D. Run the Person Enrollment Summary Report from the Enrollment work area.
- E. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
Answer: C
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-benefits-processing-and-uploads.html#FACMB1259728
NEW QUESTION # 14
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
- A. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan B.
- B. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
- C. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
- D. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
Answer: C
NEW QUESTION # 15
Which two statements are correct with respect to required action in the eligibility profile?
- A. 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.
- B. If all profiles are optional, then at least one of the profiles must be satisfied.
- C. If all profiles are requited, then at least one of the profiles must be satisfied.
- D. 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.
Answer: A
NEW QUESTION # 16
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 Habits and Benefit Groups task in the Enrollment work area.
- B. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
- C. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
- D. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
- E. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
Answer: A
NEW QUESTION # 17
Can you upload student and disability status for multiple persons at one time?
- A. Yes, it can be accomplished through the spreadsheet loader.
- B. Yes, it can be accomplished through a benefit administrator task.
- C. Yes, it can be accomplished by creating a benefit group.
- D. No, this option isn't available.
Answer: A
NEW QUESTION # 18
As of event start date
- A. Creation of enrollment results
- B. Valid type of life event
- C. Termination life event configuration
- D. Life event start date
Answer: D
NEW QUESTION # 19
Can you change the column text of primary and secondary rates on the Benefit self-service page?
- A. No, a change option is available in the Configure Grouping Display task, but it doesn't allow a text change.
- B. No, a change option is not available in the Configure Grouping Display task.
- C. Yes, a change option is available in the Enrollment Configuration task.
- D. Yes, a change option is available in the Configure Grouping Display task.
Answer: D
NEW QUESTION # 20
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?
- A. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
- B. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
- C. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
- D. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
- E. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
Answer: E
NEW QUESTION # 21
Explicit, Temporal, Scheduled, Unrestricted
- A. Creation of enrollment results
- B. Tasks to prepare for open enrollment
- C. Termination life event configuration
- D. Valid type of life event
Answer: D
NEW QUESTION # 22
To which two benefits objects can Year Period be attached to?
- A. Program
- B. Option
- C. Plan
- D. Plan Type
Answer: A,C
Explanation:
https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIBF/F1420611AN193D6.htm
NEW QUESTION # 23
Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?
- A. All plans can be configured at the plan level.
- B. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
- C. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
- D. All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
Answer: B
NEW QUESTION # 24
XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?
- A. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
- B. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.
- C. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
- D. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
- E. Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event" as the enrollment period start date and the number field as 15.
Answer: D
NEW QUESTION # 25
A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus 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 created an Option 3: Coverage Declined.
- C. They should have enabled a plan restriction fast formula.
- D. They should not have enabled the Assign on Default button for the options.
Answer: C
NEW QUESTION # 26
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 standard rates.
- D. Yes, you can define it in the spending options.
Answer: D
NEW QUESTION # 27
Which is not a derived factor type?
- A. Full-Time Equivalent
- B. Hours Worked
- C. Grade
- D. Compensation
Answer: C
NEW QUESTION # 28
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 date on which default benefits assignments are made.
- B. It is the first day of the open enrollment period.
- C. It Is the last day of the open enrollment period.
- D. It is the effective date of the open event and the date on which eligibility is evaluated.
Answer: C
NEW QUESTION # 29
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?
- A. The number of train stops can be configured.
- B. 0
- C. 1
- D. 2
Answer: A
NEW QUESTION # 30
What are the number of train stops available in the Benefits Enrollment self-service page for the plan/program enrollment?
- A. The number of train stops can be configured.
- B. 0
- C. 1
- D. 2
Answer: A
NEW QUESTION # 31
Intervening life event backed out open event
- A. Termination life event configuration
- B. Termination life event configuration
- C. Reinstatement rule events
- D. Rate visibility issue
Answer: C
NEW QUESTION # 32
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. when a default enrollment is processed
- B. after the Evaluate Life Events batch process is completed successfully
- C. when an electable choice is saved as a part of self-service enrollment
- D. after the Close Enrollment process has completed
- E. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
Answer: B,C,E
NEW QUESTION # 33
Which two statements are true about Enrollment Authorizations?
- A. They are optional to implement. If implemented, performing the authorization task is optional for the participant.
- B. They appear several times if the participant enters self-service multiple times for a single life event.
- C. They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
- D. They appear only the first time that the participant enters self-service enrollment for multiple life events.
- E. If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
Answer: C,E
NEW QUESTION # 34
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. No option 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.
Answer: C
NEW QUESTION # 35
Which three are change opportunities an organization can implement during Open Enrollment?
- A. decline coverage
- B. enroll in existing plans
- C. modify plan configuration
- D. update rates
- E. Start new benefit offerings
Answer: A,C,D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update17d/facmb/manage-open-enrollment.html#FACMB1107266_2
NEW QUESTION # 36
What rate is used for the flex credit program to adjust the total cost of the program?
- A. Standard Secondary Rate
- B. Rollover Rate
- C. Standard Primary Rate
- D. Standard Rollover Rate
Answer: B
NEW QUESTION # 37
A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan's year period.
What is the communicated rate value?
- A. 32.5
- B. 0
- C. 1
- D. 2
Answer: B
NEW QUESTION # 38
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