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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. Which is NOT a derived factor type?

A) Compensation
B) Grade
C) Full-Time Equivalent
D) Hours Worked

2. A company has XX Fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in three production instances. The company wants to run enrollment for executives and send the data for internal discussion. How can the benefits admin perform this task?

A) Create a default life event for this task XX Admin Life event. Attach it to the plan. Then trigger the life event and enroll into a
B) Create a default life event for this task XX Admin Life event. Create a separate eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
C) Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

3. The benefits administrator runs an open enrollment window on March 1, 2017 for Program: XX Life Insurance, but cannot find the life event date of March 15, 2017. What could be a reason for this?

A) The life event date configured for XX Life Program is not 15 March 2017
B) The benefits administrator has a login from the previous date to that of 15 March 20l7.
C) There is no configuration for open enrollment for the XX Life Program.
D) A cycle has already run for open enrollment, so no life event date is available.

4. A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A) Each occurrence of the life event causes participation evaluation processing to reconsider the plan,s availability for a program.
B) Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object.
C) The amount of deduction from employee pay check for enrollment is varied based on a life event.
D) Life events affect benefits processing for a participant.

5. How do you set up a Termination life event to end coverage at the end of the month?

A) Coverage and Rate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: First of the Next Month
B) Coverage and Rate Date Ranges:Coverage Start Date: First of the Next MonthPrevious Coverage End Date: End of the Month
C) Coverage and Rate Date Ranges:Coverage Start Date: First of the MonthPrevious Coverage End Date: End of the Month
D) Coverage and Pate Date Ranges:Coverage Start Date: End of the MonthPrevious Coverage End Date: End of the Month

Solutions: