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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Integration and Data Migration | 20% | - Configure fast formulas for benefit calculations - Manage benefit data migration and bulk loading - Integrate Benefits with HCM payroll and HR - Set up HR and payroll integration flows |
| Core Benefits Setup | 10% | - Define carrier and third-party integrations - Configure organization and plan year structures - Understand Oracle Benefits Cloud architecture - Set up benefit plan components and hierarchies |
| 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 |
| Enrollment and Life Events | 25% | - Manage life events and qualifying event processing - Configure enrollment rules and default elections - Handle dependent and beneficiary management - Set up enrollment periods and open enrollment |
| Reporting and Administration | 15% | - Manage self-service benefit enrollments - Create and manage benefit reports and analytics - Configure flex credit and cost sharing - Administer benefit elections and updates |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Evaluate Life Events, Close Enrollment, Enrollment Authorizations
- A. Number of train stops on benefits enrollment page
- B. Valid type of life event
- C. Creation of enrollment results
- D. Termination life event configuration
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
- A. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
- B. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
- C. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance PlanB.
- D. Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
Which two statements are correct with respect to required action in the eligibility profile?
- A. If all profiles are requited, then at least one of the profiles must be satisfied.
- B. If some but not all profiles are required, then all required profiles must be satisfied and at least one optional profile must also be satisfied.
- C. If all profiles are optional, then at least one of the profiles must be satisfied.
- D. If only one eligibility profile is added to an object, then the criteria in that profile may or may not be satisfied, even if the Required option is not selected.
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 only with Core benefit programs.
- B. Associate the life events with benefit plans or program.
- C. Associate the life events with only flexible benefit programs.
- D. Associate the life events only with benefit plans which are not in a program.
- E. Associate the life events only with benefit plans which are in a program.
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 is not configured for the employee,s specific legal employer.
- B. The rate amount "Assign on Enrollment" is enabled for five legal entities.
- C. The rate amount Is a variable rate for the employee,s legal employer.
- D. The rate amount is of the unit of measure "Money".
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