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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Benefits Design and Configuration | 30% | - Set up benefit classifications and plan types - Define rate definitions and contribution calculations - Plan and configure benefit plans and options - Configure eligibility profiles and rules |
| Reporting and Administration | 15% | - Create and manage benefit reports and analytics - Manage self-service benefit enrollments - Configure flex credit and cost sharing - Administer benefit elections and updates |
| Enrollment and Life Events | 25% | - Configure enrollment rules and default elections - Manage life events and qualifying event processing - Handle dependent and beneficiary management - Set up enrollment periods and open enrollment |
| Integration and Data Migration | 20% | - Manage benefit data migration and bulk loading - Integrate Benefits with HCM payroll and HR - Configure fast formulas for benefit calculations - Set up HR and payroll integration flows |
| Core Benefits Setup | 10% | - Define carrier and third-party integrations - Configure organization and plan year structures - Set up benefit plan components and hierarchies - Understand Oracle Benefits Cloud architecture |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. Can be defined in spending options
A) Overspending in flex credit shell plans
B) Valid type of life event
C) Tasks to prepare for open enrollment
D) Rate visibility issue
2. Which three areas contain tasks to prepare for an open enrollment period?
A) Enrollment and My Information work areas
B) Evaluation and Reporting work areas
C) Plan Configuration work area
D) Person Management work area
E) Payroll Calculation work area
3. Benefit configuration for dependent options
A) Optional, mandatory for participant
B) Evaluate life events, close enrollment, enrollment authorizations
C) Hours worked, full-time equivalent, compensation
D) Create two eligibility profiles based on age
4. Which three are change opportunities an organization can implement during Open Enrollment?
A) decline coverage
B) enroll in existing plans
C) modify plan configuration
D) Start new benefit offerings
E) update rates
5. The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
A) Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
B) Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
C) Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
D) Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B,C | Question # 3 Answer: D | Question # 4 Answer: A,C,E | Question # 5 Answer: B |
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