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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. Year Period attachment

A) Hours Worked, Full-time Equivalent, Compensation
B) Explicit, Temporal, Scheduled, Unrestricted
C) Can Be Defined In Spending Options
D) Plan, Option

2. You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?

A) Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
B) Configure a primary rate with the calculation method as Multiple of Coverage.
C) Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
D) Configure a secondary rate with the calculation method as Multiple of Coverage.

3. Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

A) Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
B) Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
C) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
D) Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
E) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.

4. A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

A) 4
B) 5
C) 3
D) 6

5. As of event start date

A) Creation of enrollment results
B) Life event start date
C) Valid type of life event
D) Termination life event configuration

Solutions: