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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enrollment and Life Events | 25% | - Handle dependent and beneficiary management - Set up enrollment periods and open enrollment - Configure enrollment rules and default elections - Manage life events and qualifying event processing |
| Topic 2: 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 |
| Topic 3: Reporting and Administration | 15% | - Manage self-service benefit enrollments - Administer benefit elections and updates - Create and manage benefit reports and analytics - Configure flex credit and cost sharing |
| Topic 4: Core Benefits Setup | 10% | - Define carrier and third-party integrations - Set up benefit plan components and hierarchies - Configure organization and plan year structures - Understand Oracle Benefits Cloud architecture |
| Topic 5: Benefits Design and Configuration | 30% | - Define rate definitions and contribution calculations - Plan and configure benefit plans and options - Configure eligibility profiles and rules - Set up benefit classifications and plan types |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Question 1
Which statement is correct regarding Plan Grouping in the Self Service and Administrator page?
A. All plans can be configured at the plan level.
B. All plans in 3 plan type can be displayed on different train stops as groupings are done at the program level.
C. All plans in a plan type can be displayed on different train stops as groupings are done at the plan level.
D. All plans in a plan type are displayed on the same train stop as groupings are done at the plan type level.
Question 2
Achieved via configuration
A. Overspending in flex credit shell plans
B. Designating dependents on Train Stop
C. Number of train stops on benefits enrollment page
D. Valid type of Life Event
Question 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. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
C. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.
D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
E. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
Question 4
Which two are correct processes regarding performing the Benefits Extract setup?
A. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
B. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
C. Extract benefits enrollment information into a single XML file for each plan carrier.
D. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
E. Configure plan carrier details and extract options using the Manage Plan Carriers task.
Question 5
Can you define overspending of a budget pool in flex credit shell plans?
A. No, you do not have a place holder.
B. Yes, you can define it in the spending options.
C. Yes, you can define it as per the flex credit formula.
D. Yes, you can define it in the standard rates.
Solutions:
| Question 1 Answer: C | Question 2 Answer: B | Question 3 Answer: D | Question 4 Answer: A,C | Question 5 Answer: D |
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