Online 1Z0-1053-24 Practice Test

Question 1

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?

Options :

A : They should have created an 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.

Answer: D

Question 2

How do you set up a Termination life event to end coverage at the end of the month?

Options :

A : Coverage and Rate Date Ranges:

Coverage Start Date: End of the Month

Previous Coverage End Date: First of the Next Month

B :

Coverage and Rate Date Ranges:

Coverage Start Date: First of the Month

Previous Coverage End Date: End of the Month

C :

Coverage and Rate Date Ranges:

Coverage Start Date: First of the Next Month

Previous Coverage End Date: End of the Month

D :

Coverage and Pate Date Ranges:

Coverage Start Date: End of the Month

Previous Coverage End Date: End of the Month

Answer: C

Question 3

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 purchase

additional days through the.”

How do you configure this?

Options :

A : Configure plan type grouping display -> administration usage -> self-service description text

B : Configure plan type grouping display -> self-service usage -> self-service description text

C : Manage enrollment authorization -> administration usage -> self-service description text

D : Manage enrollment authorization -> self-service usage -> self-service description text

Answer: C

Question 4

A Global Dental Plan has the following options attached to it:

Option 1: Employee Only

Option 2: Employee Plus Spouse

Option 3: Employee Plus Spouse Plus Children

The company wants an employee to select only one option which will be restricted for two years. After two

/ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee

was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i,

2017 as the plan is restricted.

How can you configure this scenario for the company?

Options :

A : Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.

B : Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.

C : Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.

D : Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.

Answer: B

Question 5

Which two statements are true about Enrollment Authorizations?

Options :

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

B : If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.

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

Answer: A,D

EXPERTY DESIGNED 1Z0-1053-24 PRACTICE TEST