Free Oracle 1Z0-1053-26 Practice Exam Questions and Answers 2026

You are a benefits consultant implementing for a company that offers a life Insurance plan for employees withonly one option -Employee Plus Family. The rate for this option is dependent on various factor5 likeage/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. Thecalculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).How can you configure a rate for the company's plan?

The benefits administrator has configured five rates for five different legal entities. After implementation, anemployee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rateamount to the plan under the rate section.Why can't the employee see the assigned rate amount?

A benefits administrator can see these statuses of life events1. New Hire processed on 28-Apr-2016.2. Marriage detected on 1-Jun-2016.What do these statuses imply?

A company offers its employees a choice of four plans within a health insurance plan type. However, thecompany wants to compulsorily enroll an employee into one plan.What must the minimum and maximum plan limit be set at Plan Type level?

A company wants to display the following text on its Benefit Employee Self Service:“Your core annual holiday benefit comprises 20 days of holidays and 8 public holidays. You can purchaseadditional days through the.”How do you configure this?