Prepare with Oracle 1Z0-1053-21 exam torrent, pass for sure
Last Updated: Oct 29, 2026
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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Eligibility and Profiles | - Eligibility Profiles setup and usage
|
| Topic 2: Enrollment and Life Events | - Life event processing
|
| Topic 3: Plan and Program Configuration | - Benefit programs and plan design
|
| Topic 4: Benefits Cloud Overview | - Architecture and key concepts of Oracle Benefits Cloud
|
| Topic 5: Payroll and Financial Integration | - Integration with payroll systems
|
| Topic 6: Fast Formulas and Calculations | - Benefits Fast Formulas usage
|
| Topic 7: Security and Administration | - Role-based access and security model
|
| Topic 8: Reporting and Maintenance | - Benefits reporting and analytics
|
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
Which statement about Waive options is true?
- A. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
- B. Waive options are options which do not require any dependent/beneficiary designation.
- C. Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
- D. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
Correct Answer: A 🗳️
Which is NOT a derivedfactor type?
- A. Full-Time Equivalent
- B. Hours Worked
- C. Grade
- D. Compensation
Correct Answer: C 🗳️
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Can you define overspending of a budget pool in flex credit shell plans?
- A. Yes, you can define it as per the flex credit formula.
- B. Yes, you can define it in the standard rates.
- C. No, you do not have aplace holder.
- D. Yes, you can define it in the spending options.
Correct Answer: D 🗳️
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 only with benefit plans which are not in a program.
- B. Associate the life events only with Core benefit programs.
- C. Associate the life events with only flexible benefit programs.
- D. Associate the life events only with benefit plans which are in a program.
- E. Associate the life events with benefit plans or program.
Correct Answer: E 🗳️
The Open life event for a plan was backed out. The benefits administrator reprocessedthe 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 was configured for another date.
- C. The life event date was different.
- D. The life event reinstatement rule was configured.
Correct Answer: D 🗳️
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