Oracle Benefits Cloud 2023 Implementation Professional: 1Z0-1053-23 Exam Premium File as PDF & Test Engine

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. 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?

A) 32.5
B) 40
C) 30
D) 130

2. 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?

A) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
B) This requirement can be achieved through customization only.
C) This requirement cannot be achieved in the current system offerings.
D) This requirement can be completely achieved with configuration only.

3. 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 "Never detect this temporal life event" as the Temporal Detection Rule.
B) On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
C) On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
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 future temporal events" as the Temporal Detection Rule.

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

A) New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
B) New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.
C) New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
D) New Hire LE is complete and closed. Marriage LE is triggered because of the data change.

5. An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

A) This cannot be achieved.
B) This can be achieved via customization only.
C) This can be achieved via configuration.
D) Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.

Solutions: