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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

A) This requirement cannot be achieved in the current system offerings.
B) This requirement can be achieved through customization only.
C) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
D) This requirement can be completely achieved with configuration only.

2. The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

A) The life event was configured for another date.
B) The life event reinstatement rule was configured.
C) The life event was not backed out properly.
D) The life event date was different.

3. A benefits consultant implemented a plan for life insurance with the following options:
1. Option 1: Employee only
2. Option 2: Employee plus spouse
The company wants the plan to be rolled out to all the employees. Therefore, the benefits consultant enabled the Assign on Default button for Option 1.They forgot that some employees may not want to enroll into the plan even though they are eligible.
Where did the benefits consultant go wrong with the implementation?

A) They should have configured an eligibility fast formula
B) They should have enabled a plan restriction fast formula.
C) They should not have enabled the Assign on Default button for the options.
D) They should have created an Option 3: Coverage Declined.

4. The benefits admin 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 a variable rate for the employee,s legal employer.
B) The rate amount is not configured for the employee,s specific legal employer.
C) The rate amount "Assign on Enrollment" is enabled for five legal entities.
D) The rate amount is of the unit measure of "Money".

5. A plan is created for a calendar year from 01/01/2017 and ends on 12/31/2017. The company wants to create an event on the occurrence of life event date. What will be the life event start date?

A) as of enrollment start date
B) as of rate start date
C) as of coverage start date
D) as of event start date

Solutions: