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Oracle 1Z0-1053-23 Exam Syllabus Topics:

SectionObjectives
Eligibility and Enrollment Management- Enrollment Rules and Life Events Processing
- Eligibility Profiles Configuration
Troubleshooting and Support- Resolve Enrollment Issues
- System Configuration Validation
Benefits Configuration and Setup- Configure Benefits Offering Structure
- Define Plan Types and Options
Plan Administration and Maintenance- Manage Plan Changes and Updates
- Manage Benefit Plans and Programs

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

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
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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.
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

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.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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