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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enrollment and Life Events | 25% | - Manage life events and qualifying event processing - Set up enrollment periods and open enrollment - Handle dependent and beneficiary management - Configure enrollment rules and default elections |
| Topic 2: Reporting and Administration | 15% | - Manage self-service benefit enrollments - Create and manage benefit reports and analytics - Administer benefit elections and updates - Configure flex credit and cost sharing |
| Topic 3: Benefits Design and Configuration | 30% | - Define rate definitions and contribution calculations - Plan and configure benefit plans and options - Set up benefit classifications and plan types - Configure eligibility profiles and rules |
| Topic 4: Core Benefits Setup | 10% | - Understand Oracle Benefits Cloud architecture - Define carrier and third-party integrations - Set up benefit plan components and hierarchies - Configure organization and plan year structures |
| Topic 5: Integration and Data Migration | 20% | - Set up HR and payroll integration flows - Manage benefit data migration and bulk loading - Configure fast formulas for benefit calculations - Integrate Benefits with HCM payroll and HR |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
As of event start date
- A. Life event start date
- B. Valid type of life event
- C. Termination life event configuration
- D. Creation of enrollment results
Correct Answer: A 🗳️
Plan Configuration, Evaluation and Reporting
- A. Valid type of life event
- B. Number of train stops on benefits enrollment page
- C. Tasks to prepare for open enrollment
- D. Overspending in flex credit shell plans
Correct Answer: C 🗳️
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 input Value
- B. Standard Rate Value
- C. Standard wash Rule formula
- D. Standard Coverage Volume
Correct Answer: A 🗳️
A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan.
What must the minimum and maximum plan limit be set at Plan Type level?
- A. Min = 0, Max = 1
- B. Min = 1, Max = 2
- C. Min = 1, Max - 1
- D. Min = 0, Max = 0
Correct Answer: B 🗳️
This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?
- A. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
- B. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
- C. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
- D. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
Correct Answer: A 🗳️
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