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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enrollment and Life Events | 25% | - Handle dependent and beneficiary management - Set up enrollment periods and open enrollment - Manage life events and qualifying event processing - Configure enrollment rules and default elections |
| Topic 2: Core Benefits Setup | 10% | - Configure organization and plan year structures - Define carrier and third-party integrations - Set up benefit plan components and hierarchies - Understand Oracle Benefits Cloud architecture |
| Topic 3: Integration and Data Migration | 20% | - Configure fast formulas for benefit calculations - Manage benefit data migration and bulk loading - Integrate Benefits with HCM payroll and HR - Set up HR and payroll integration flows |
| Topic 4: Benefits Design and Configuration | 30% | - Plan and configure benefit plans and options - Configure eligibility profiles and rules - Define rate definitions and contribution calculations - Set up benefit classifications and plan types |
| Topic 5: Reporting and Administration | 15% | - Create and manage benefit reports and analytics - Manage self-service benefit enrollments - Configure flex credit and cost sharing - Administer benefit elections and updates |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Question #1
The benefits admin has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section. Why can''t the employee see the assigned rate amount?
A. The rate amount is not configured for the employee,s specific legal employer.
B. The rate amount is a variable rate for the employee,s legal employer.
C. The rate amount "Assign on Enrollment" is enabled for five legal entities.
D. The rate amount is of the unit measure of "Money".
Question #2
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. 130
C. 40
D. 30
Question #3
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self Service. How do you accomplish this requirement?
A. Select Display Signature in the Confirmation section while managing Benefits Self Service configuration.
B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for admins.
C. Select the same admin category on the Edit Plan Type page while managing Benefits Self Service configuration.
D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
Question #4
The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
A. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
B. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
C. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
D. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
Question #5
Which two are program types when you configure Flex Credits?
A. Flex
B. Core
C. Other Credits
D. Flex Credits and Core
Solutions:
| Question #1 Answer: A | Question #2 Answer: A | Question #3 Answer: A | Question #4 Answer: B | Question #5 Answer: A,B |
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