Verified 1Z0-1053-21 dumps Q&As - 2022 Latest 1Z0-1053-21 Download [Q11-Q27]

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Verified 1Z0-1053-21 dumps Q&As – 2022 Latest 1Z0-1053-21 Download

Updated 100% Cover Real 1Z0-1053-21 Exam Questions – 100% Pass Guarantee

NEW QUESTION 11
A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverageplan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

NEW QUESTION 12
You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.
The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company’s plan?

Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.

Configure a secondary rate with the calculation method as Multiple of Coverage.

Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.

Configure a primary rate with the calculation method as Multiple of Coverage.

NEW QUESTION 13
Can you upload student and disability status for multiple persons at one time?

Yes, it can be accomplishedthrough a benefit administrator task.

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

Yes, it can be accomplished through the spreadsheet loader.

No, this option isn’t available.

NEW QUESTION 14
Can you define overspending of a budget pool in flex credit shell plans?

Yes, you can define it in the spending options.

Yes, you can define it in the standard rates.

Yes, you can define it as per the flex credit formula.

No, you do not have aplace holder.

NEW QUESTION 15
Which two statements are true about Enrollment Authorizations?

They appear several times if the participant enters self-service multiple times for a single life event.

If they are implemented, participants must readand accept the terms provided in the text before they are able to enroll.

They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.

They appear only the first time that the participant entersself-service enrollment for multiple life events.

They are optional to implement. If implemented, performing the authorization task is optional for the participant.

NEW QUESTION 16
Can you change the column text of primary and secondary rates onthe Benefit self-service page?

No, a change option is not available in the Configure Grouping Display task.

Yes, a change option is available in the Enrollment Configuration task.

Yes, a change option is available in the Configure Grouping Displaytask.

No, a change option is available in the Configure Grouping Display task, but it doesn’t allow a text change.

NEW QUESTION 17
What rate is used for the flex creditprogram to adjust the total cost of the program?

Standard Primary Rate

Standard Rollover Rate

Rollover Rate

Standard Secondary Rate

NEW QUESTION 18
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?

130

32.5

NEW QUESTION 19
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

The number of train stops can be configured.

NEW QUESTION 20
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?

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

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

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

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

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

NEW QUESTION 21
The reinstatement rule enables you to restore elections during which two events?

The open event was backed out by the administrator from the Benefits Service Center.

The intervening life event activated the open event.

An intervening life event backed out the open event.

The open event was accidentally backed out.

NEW QUESTION 22
Your customer wants to create anexplicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?

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

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

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

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

NEW QUESTION 23
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of
100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

This requirement can be achieved through customization only.

This requirement can be completely achieved with configuration only.

This requirement cannot be achieved with configurations, and would require custom Fast Formula.

This requirement cannot be achieved in the current system offerings.

NEW QUESTION 24
How do you configure the link between the payroll module and benefits?

Link the element to the plan rate.

Link the element to the plan coverage.

Link the payroll to the plan salary basis.

Link the payroll to the plan coverage.

NEW QUESTION 25
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?

The number of proximity days was specified as 20.

The number of proximity days was specified as 0.

The life event had expired.

The number of proximity days was specified as 15.

NEW QUESTION 26
Yourcustomer 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?

On the life event creation page, select “Do not detect past temporal events”as the Temporal Detection Rule.

On the life event creation page, select “Never detect this temporal life event” as the Temporal Detection Rule.

On the life event creation page, select “Do not detect future temporal events” as the Temporal DetectionRule.

On the life event creation page, select “Never detect Past or future temporal events” as the Temporal Detection Rule.

On the life event creation page, select “Do not detect past or future temporal events” as the Temporal Detection Rule.

NEW QUESTION 27
Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. TheTimeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

No collapsing rule was set.

The process doesn’t evaluate other events that occur later than the Marriage event until you decide what action to take for that event.

The employee is not eligible for life events.

The Marriage eventoccurred before the Transfer event.

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Verified 1Z0-1053-21 dumps Q&As – 2022 Latest 1Z0-1053-21 Download [Q11-Q27]

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