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Oracle 1Z0-1053-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Eligibility and Life Events25%- Life event types, triggers and processing rules
- Enrollment eligibility and restriction setup
- Collapsing rules and event processing
Topic 2: Integration, Administration and Reporting10%- Integration with HR and Payroll modules
- Reporting, analytics and enrollment results
- Benefits extracts, data transmission and billing
Topic 3: Enrollment and Processing25%- Enrollment rules, periods and default elections
- Self-service enrollment configuration
- Flex credits, cost sharing and coverage setup
Topic 4: Core Benefits Setup10%- Carrier and third-party integration setup
- Benefits Cloud architecture and components
- Plan year and organizational structure configuration
Topic 5: Benefits Design and Configuration30%- Eligibility profiles and rule definition
- Rate definitions, contributions and calculations
- Plan types, classifications, programs and options creation

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

Question #1

Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?

  • A. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
  • B. Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.
  • C. Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
  • D. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
  • E. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan''s year period.
What is the communicated rate value?

  • A. 30
  • B. 32.5
  • C. 40
  • D. 130
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

What rate is used for the flex credit program to adjust the total cost of the program?

  • A. Standard Rollover Rate
  • B. Standard Secondary Rate
  • C. Standard Primary Rate
  • D. Rollover Rate
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?

  • A. This cannot be achieved.
  • B. Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
  • C. This can be achieved via configuration.
  • D. This can be achieved via customization only.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?

  • A. A cycle has already run for open enrollment, so no life event date is available.
  • B. The benefits admin has a login from the previous date to that of 03/15/2017.
  • C. The life event date configured for XX Life Program is not 03/15/2017.
  • D. There is no configuration for open enrollment for the XX Life Program.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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