• Exam Code: 1Z0-1053-23
  • Exam Name: Oracle Benefits Cloud 2023 Implementation Professional
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle Benefits Cloud
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Oracle 1Z0-1053-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Benefits Configuration and Setup- Define Plan Types and Options
- Configure Benefits Offering Structure
Topic 2: Troubleshooting and Support- Resolve Enrollment Issues
- System Configuration Validation
Topic 3: Plan Administration and Maintenance- Manage Plan Changes and Updates
- Manage Benefit Plans and Programs
Topic 4: Eligibility and Enrollment Management- Enrollment Rules and Life Events Processing
- Eligibility Profiles Configuration

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. A company has XX Fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in three production instances. The company wants to run enrollment for executives and send the data for internal discussion. How can the benefits admin perform this task?

A) Create a default life event for this task XX Admin Life event. Create a separate eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
B) Create a default life event for this task XX Admin Life event. Attach it to the plan. Then trigger the life event and enroll into a
C) Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.


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


3. A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?

A) as of coverage start date
B) as of rate start date
C) as of event start date
D) as of enrollment start date


4. Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

A) Standard Rate Value
B) Standard Coverage Volume
C) Standard wash Rule formula
D) Standard input Value


5. Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?

A) Run the Person Enrollment Summary Report from the Enrollment work area.
B) Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
C) Run the Person Enrollment Summary Report from Benefits Self Service.
D) Run the Enrollment Kit Report from Benefits Self-Service.
E) Run the Enrollment Kit Report from the Benefits Enrollment work area.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: E

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