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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Enrollment and Life Events | 25% | - Set up enrollment periods and open enrollment - Configure enrollment rules and default elections - Manage life events and qualifying event processing - Handle dependent and beneficiary management |
| Reporting and Administration | 15% | - Administer benefit elections and updates - Configure flex credit and cost sharing - Manage self-service benefit enrollments - Create and manage benefit reports and analytics |
| Benefits Design and Configuration | 30% | - Configure eligibility profiles and rules - Plan and configure benefit plans and options - Set up benefit classifications and plan types - Define rate definitions and contribution calculations |
| Integration and Data Migration | 20% | - Integrate Benefits with HCM payroll and HR - Manage benefit data migration and bulk loading - Configure fast formulas for benefit calculations - Set up HR and payroll integration flows |
| Core Benefits Setup | 10% | - Set up benefit plan components and hierarchies - Understand Oracle Benefits Cloud architecture - Configure organization and plan year structures - Define carrier and third-party integrations |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.
How can you configure this scenario for the company?
- A. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
- B. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
- C. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
- D. Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
Correct Answer: B 🗳️
The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?
- A. The benefits administrator has a login from the previous date to that of 15 March 20l7.
- B. The life event date configured for XX Life Program is not 15 March 2017
- C. A cycle has already run for open enrollment, so no life event date is available.
- D. There is no configuration for open enrollment for the XX Life Program.
Correct Answer: C 🗳️
Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?
- A. Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.
- B. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
- C. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
- D. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
- E. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
Correct Answer: D 🗳️
Can you define overspending of a budget pool in flex credit shell plans?
- A. Yes, you can define it in the spending options.
- B. Yes, you can define it as per the flex credit formula.
- C. Yes, you can define it in the standard rates.
- D. No, you do not have a place holder.
Correct Answer: C 🗳️
Rate is inactive
- A. Reinstatement rule events
- B. Valid type of life event
- C. Creation of enrollment results
- D. Rate visibility issue
Correct Answer: D 🗳️
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