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Oracle 1Z0-1053-23 Exam Syllabus Topics:

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) 40
B) 32.5
C) 30
D) 130

2. Termination life event configuration

A) Configurable
B) Coverage Start Date: First of the Next Month
C) Plan Configuration, Evaluation and Reporting
D) Intervening life event backed out open event

3. 1The benefits administrator 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 "Assign on Enrollment" is enabled for five legal entities.
B) The rate amount Is a variable rate for the employee,s legal employer.
C) The rate amount is not configured for the employee,s specific legal employer.
D) The rate amount is of the unit of measure "Money".

4. A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?

A) The number of proximity days was specified as 20.
B) The number of proximity days was specified as 0.
C) The number of proximity days was specified as 15.
D) The life event had expired.

5. Which three are correct methods by which enrollment results can be created and made available for viewing?

A) after the Close Enrollment process has completed
B) when an electable choice is saved as a part of self-service enrollment
C) when a default enrollment is processed
D) when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
E) after the Evaluate Life Events batch process is completed successfully

Solutions: