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Using Newest Lead4Pass 1Z0-1053-22 Exam Dumps Complete Oracle 1Z0-1053-22 Exam – 2023.02

oraclefreedumps February 2, 2023 0 Comments

Using Newest Lead4Pass 1Z0-1053-22 Exam Dumps

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Sample 1Z0-1053-22 exam questions of the 1Z0-1053-22 free dumps

Question 1:

An employee logs into the self-service page. The employee enters into one plan and makes an election in the plan available. While making electrons, the employee notices that the option\’s rate amount isn’t displayed in the total summary section on the right side of the page.

Which is the reason for this problem?

A. The rate activity type for payroll information is configured as cost.

B. The rate activity type for payroll information is configured as an employee contribution.

C. The rate is configured as secondary rate and not a primary rate.

D. The rate is inactive.

Correct Answer: D

Question 2:

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 employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1. They forgot that some employees may not want to enroll in the plan even though they are eligible.

Where did the benefits consultant go wrong with the implementation?

A. They should have created Option 3: Coverage Declined.

B. They should not have enabled the Assign on Default button for the options.

C. They should have configured an eligibility fast formula

D. They should have enabled a plan restriction fast formula.

Correct Answer: D

Question 3:

What rate is used for the flex credit program to adjust the total cost of the program?

A. Standard Primary Rate

B. Standard Rollover Rate

C. Rollover Rate

D. Standard Secondary Rate

Correct Answer: C

Question 4:

The benefits administrator runs an open enrollment window on March 1, 2017 for Program:

XX Life Insurance, but cannot find the life event date of March 15, 2017.

What could be the reason for this?

A. The life event date configured for XX Life Program is not 15 March 2017

B. There is no configuration for open enrollment for the Life Program.

C. A cycle has already run for open enrollment, so no life event date is available.

D. The benefits administrator has a login from the previous date to that 15 March 20l7.

Correct Answer: D

Question 5:

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:

1Z0-1053-22 exam questions 5

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?

A. 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.

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

C. 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.

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

Correct Answer: D

Question 6:

Which statement about Waive options is true?

A. Waive options are options into which employees ate compulsorily enrolled in case they do not complete the required action items like certification, entering the date of birth, etc.

B. Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.

C. Waive options are options that do not require any dependent/beneficiary designation.

D. Waive options are used when employees do not get an enrollment opportunity because they do not qualify for the required eligibility criteria.

Correct Answer: B

Question 7:

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

Correct Answer: C

Question 8:

Which statement about configuring Designation Requirements is true?

A. A Designation Requirement can be configured for a plan with no option.

B. A plan must have multiple options for Designation Requirements to be configured.

C. A plan must have the waive option for Designation Requirement to be configured.

D. A Designation Requirement cannot be configured for a plan with no option.

Correct Answer: B

Question 9:

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

A. Yes, you can define it in the spending options.

B. Yes, you can define it in the standard rates.

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

D. No, you do not have a placeholder.

Correct Answer: A

Question 10:

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?

A. The number of proximity days was specified as 20.

B. The number of proximity days was specified as 0.

C. The life event had expired.

D. The number of proximity days was specified as 15.

Correct Answer: D

Question 11:

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

A. Yes, it can be accomplished through a benefits 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.

Correct Answer: C

Question 12:

Can you change the column text of primary and secondary rates on the Benefit self-service page?

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

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

C. Yes, a change option is available in the Configure Grouping Display task.

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

Correct Answer: C

Question 13:

Which two are program types when you configure Flex Credits?

A. Other Credits

B. Core

C. Flex

D. Flex Credits and Core

Correct Answer: BD

https://docs.oracle.com/en/cloud/saas/global-human-resources/r13- update17d/fail/flex-credit-configuration.html#FAIBF1085855_2

Question 14:

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 “Do not detect past temporal events”as the Temporal Detection Rule.

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

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

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

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

Correct Answer: C

Question 15:

Which three are change opportunities an organization can implement during Open Enrollment?

A. decline coverage

B. enroll in existing plans

C. Start new benefit offerings

D. modify plan configuration

E. update rates

Correct Answer: ADE

https://docs.oracle.com/en/cloud/saas/global-human-resources/r13- update17d/face/manage-open-enrollment.html#FACMB1107266_2

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Using Newest Lead4Pass 1Z0-1050-22 Exam Dumps Complete Oracle 1Z0-1050-22 Exam – 2023.01

oraclefreedumps January 1, 2023 0 Comments

Using Newest Lead4Pass 1Z0-1050-22 Exam Dumps

If you use Lead4Pass’s latest 1Z0-1050-22 exam dumps, you can ensure certification with the 1Z0-1050-22 exam. Choosing to complete the Oracle 1Z0-1050-22 exam using the latest Lead4Pass 1Z0-1050-22 exam dumps is the wisest choice.

The latest Lead4Pass 1Z0-1050-22 exam dumps https://www.leads4pass.com/1z0-1050-22.html has been updated with 86 questions and answers, presented in PDF or VCE format, with which you can get your first try at the exam.

New Updated 1Z0-1050-22 Exam Dumps Free Exam Questions

Question 1:

Which costing levels can you enter for an offset account?

A. Job

B. Element Eligibility

C. Department

D. Position

Correct Answer: B

Reference: https://docs.oracle.com/en/cloud/saas/global-human-resources/18b/faipc/payroll-costing.html#FAIPC1255854

Question 2:

A line manager has hired a worker who will be paid on a weekly basis. What navigation path should the payroll user take to enter the weekly payroll details for the worker?

A. Manage Work Relationship > Work Relationship Record

B. Manage Work Relationship > Assignment Record

C. Manage Payroll Relationship > Assignment Record

D. Manage Payroll Relationship > Payroll Relationship Record

Correct Answer: C

Question 3:

What happens if the costing process does not find a value for a segment defined as mandatory, and you have not created a suspense account at the Payroll level?

A. Calculation displays an error, and the person\’s results are not costed

B. No costing results are created for the person

C. Costing results are placed into a suspense account

D. Costing results display a blank (null) value in the segment

Correct Answer: C

Question 4:

You want to define your own rules for converting a rate value from one periodicity to another, such as from weekly to annual. How can you achieve this?

A. Define an indirect element, write a fast formula to convert the processed value, and create the result for an indirect element.

B. Define your own Periodicity Conversion Rule and select it while creating the element.

C. Create an additional input value, calculate the converted value outside the system, and enter it while creating an element entry.

D. You cannot define your own rules for converting from one periodicity to another.

Correct Answer: C

Question 5:

You have a requirement to control the values of one input value from another input value. How do you achieve this?

A. You cannot achieve this because interdependency on input values is not possible.

B. You can achieve this requirement using the table-validated value sets.

C. You can achieve this requirement using the independent and dependent value sets on input values.

D. You can achieve this using lookups.

Correct Answer: D

Question 6:

When submitting a payroll flow, who is the owner of a task if no one has been indicated within the payroll flow definition?

A. The user that submitted the payroll flow

B. Any user with the Payroll Administrator role

C. Any user with the Payroll Manager role

D. Any user with either the Payroll Administrator or Payroll Manager Role

Correct Answer: A

Question 7:

Which delivered report can be used to verify the details of all payments made to third parties?

A. Payroll Activity Report

B. Payment Register Report

C. Third-Party Invoice Listing

D. Third-Party Payment Register

Correct Answer: B

Reference: http://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r13/wn/r13-wf-rewards-wn.htm

Question 8:

A customer has asked for notifications to be sent for tasks within a flow pattern. Notifications can be sent based on the status of the flow task. Which option shows the task statuses that are supported?

A. Error on Warning

B. Error, Warning, Complete

C. Error, Warning, Complete, In Progress

D. All Statuses

Correct Answer: C

Question 9:

You are a payroll customer but when you have created an earnings element using the Manage Elements feature it has not created a pay value input value. What is the reason for this?

A. The selected extension in Manage Features by Country or Territory was set to “Payroll Interface”.

B. The selected extension in Manage Features by Country or Territory was set to “Human Resources or None”.

C. The earnings element template always creates “Pay Value” as the input value.

D. The selected extension in Manage Features by Country or Territory was set to “Payroll”.

Correct Answer: B

Question 10:

You are implementing retro pay. You have created a retroactive event group to track the changes that need to be considered by the retropay process. To which feature should the retroactive event group be associated?

A. Element

B. Payroll definition

C. Work relationship records

D. Payroll relationship records

Correct Answer: A

Reference: https://docs.oracle.com/cd/E51367_01/globalop_gs/FAIGP/F1427200AN19C77.htm

Question 11:

A person has one Payroll Relationship and two assignments. Each assignment has two different departments. Each department is associated with a different cost center. You would like to transfer all the costs of this person to one cost center only.

Which two options achieve the requirement? (Choose two.)

A. Define payroll costing with the cost center required

B. Define the Person

Correct Answer: AD

Question 12:

You need to associate a worker with your customer\’s weekly payroll but the payroll field only displays values for the monthly and bi-weekly payrolls. Which two issues are the source of the problem? (Choose two.)

A. You do not have the Manage Payroll Definition duty role

B. The weekly payroll has not been created in the worker\’s legislative data group

C. The weekly payroll has not been enabled for the worker\’s PSU

D. Your data role does not include a payroll security profile that includes the weekly payroll

Correct Answer: AD

Question 13:

The element template has created a “Results” element for a voluntary deduction element along with the base element. On which element eligibility should you enter the costing account information?

A. Base element

B. Calculator element

C. Results element

D. Distributor element

Correct Answer: A

Reference: https://docs.oracle.com/cd/E18727_01/doc.121/e13554/T270794T273820.htm

Question 14:

Your company wants to pay its employees from the company bank account A and their third parties from company bank account B. What is the recommended approach for this?

A. Write a formula to select the correct bank account for employees and third parties.

B. Create one organization payment method with two payment sources and configure the usage for each payment source within the payment method rules table.

C. Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.

D. Ensure you run the prepayments process separately for your employees and your third parties.

Correct Answer: D

Question 15:

Which two statements regarding the relationship between legal entities, legal employers, and payroll statutory units (PSU) are correct? (Choose two.)

A. A legal employer can be associated with multiple PSUs

B. A legal entity can be both a legal employer and a PSU

C. Legal entities responsible for paying workers

D. PSUs are legal entities responsible for payroll tax and social insurance reporting

Correct Answer: CD

Reference: https://docs.oracle.com/en/cloud/saas/financials/r13-update17d/faigl/legal-entities.html#FAIGL1453110

The Lead4Pass 1Z0-1050-22 exam dumps are the key to your success in passing the Oracle 1Z0-1050-22 exam and earning your certification. You will very much need to get the latest 1Z0-1050-22 exam dumps, here.

Start your certification journey by completing the Oracle 1Z0-1050-22 exam using the latest Lead4Pass 1Z0-1050-22 exam dumps.

Using Newest Lead4Pass 1Z0-1053-22 Exam Dumps Complete Oracle 1Z0-1053-22 Exam – 2023.02

[Newest Version] Easily Pass 1Z0-1053-22 Exam with Updated Real 1Z0-1053-22 Exam Dumps

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Using Newest Lead4Pass 1Z0-1050-22 Exam Dumps Complete Oracle 1Z0-1050-22 Exam – 2023.01

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