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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Benefits Design and Configuration | 30% | - Plan types, classifications, programs and options creation - Rate definitions, contributions and calculations - Eligibility profiles and rule definition |
| Core Benefits Setup | 10% | - Benefits Cloud architecture and components - Plan year and organizational structure configuration - Carrier and third-party integration setup |
| Enrollment and Processing | 25% | - Enrollment rules, periods and default elections - Self-service enrollment configuration - Flex credits, cost sharing and coverage setup |
| Integration, Administration and Reporting | 10% | - Integration with HR and Payroll modules - Benefits extracts, data transmission and billing - Reporting, analytics and enrollment results |
| Eligibility and Life Events | 25% | - Life event types, triggers and processing rules - Enrollment eligibility and restriction setup - Collapsing rules and event processing |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
A) January 31, 2017
B) January 22, 2017
C) December 28, 2016
D) January 15, 2017
2. Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?
A) On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
B) On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
C) On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
D) On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
E) On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
3. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?
A) It Is the last day of the open enrollment period.
B) It is the date on which default benefits assignments are made.
C) It is the effective date of the open event and the date on which eligibility is evaluated.
D) It is the first day of the open enrollment period.
4. Intervening life event backed out open event
A) Reinstatement rule events
B) Termination life event configuration
C) Termination life event configuration
D) Rate visibility issue
5. Explicit, Temporal, Scheduled, Unrestricted
A) Termination life event configuration
B) Valid type of life event
C) Tasks to prepare for open enrollment
D) Creation of enrollment results
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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