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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Integration, Administration and Reporting | 10% | - Integration with HR and Payroll modules - Benefits extracts, data transmission and billing - Reporting, analytics and enrollment results |
| Enrollment and Processing | 25% | - Flex credits, cost sharing and coverage setup - Enrollment rules, periods and default elections - Self-service enrollment configuration |
| Core Benefits Setup | 10% | - Plan year and organizational structure configuration - Benefits Cloud architecture and components - Carrier and third-party integration setup |
| Benefits Design and Configuration | 30% | - Eligibility profiles and rule definition - Plan types, classifications, programs and options creation - Rate definitions, contributions and calculations |
| Eligibility and Life Events | 25% | - Life event types, triggers and processing rules - Collapsing rules and event processing - Enrollment eligibility and restriction setup |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?
- A. Associate the life events with benefit plans or program.
- B. Associate the life events only with benefit plans which are not in a program.
- C. Associate the life events only with Core benefit programs.
- D. Associate the life events with only flexible benefit programs.
- E. Associate the life events only with benefit plans which are in a program.
Correct Answer: E 🗳️
Can you change the column text of primary and secondary rates on the Benefit self-service page?
- A. Yes, a change option is available in the Configure Grouping Display task.
- B. No, a change option is not available in the Configure Grouping Display task.
- C. Yes, a change option is available in the Enrollment Configuration task.
- D. No, a change option is available in the Configure Grouping Display task, but it doesn,t allow a text change.
Correct Answer: A 🗳️
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. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
- B. Select Display Signature in the Confirmation section while managing Benefits Self Service configuration.
- C. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for admins.
- D. Select the same admin category on the Edit Plan Type page while managing Benefits Self Service configuration.
- E. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
Correct Answer: B 🗳️
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?
- A. Manage enrollment authorization -> administration usage -> self-service description text
- B. Configure plan type grouping display -> self-service usage -> self-service description text
- C. Configure plan type grouping display -> administration usage -> self-service description text
- D. Manage enrollment authorization -> self-service usage -> self-service description text
Correct Answer: B 🗳️
You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/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. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?
- A. Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
- B. Configure a secondary rate with the calculation method as Multiple of Coverage.
- C. Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
- D. Configure a primary rate with the calculation method as Multiple of Coverage.
Correct Answer: A 🗳️
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