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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Benefits Design and Configuration | 30% | - Plan types, classifications, programs and options creation - Rate definitions, contributions and calculations - Eligibility profiles and rule definition |
| Topic 2: Enrollment and Processing | 25% | - Self-service enrollment configuration - Flex credits, cost sharing and coverage setup - Enrollment rules, periods and default elections |
| Topic 3: Integration, Administration and Reporting | 10% | - Reporting, analytics and enrollment results - Integration with HR and Payroll modules - Benefits extracts, data transmission and billing |
| Topic 4: Core Benefits Setup | 10% | - Benefits Cloud architecture and components - Plan year and organizational structure configuration - Carrier and third-party integration setup |
| Topic 5: 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:
Optional, mandatory for participant
- A. Rate visibility issue
- B. Enrollment authorization requirements
- C. Creation of enrollment results
- D. Overspending in flex credit shell plans
Correct Answer: B 🗳️
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 coverage start date
- B. as of event start date
- C. as of rate start date
- D. as of enrollment start date
Correct Answer: B 🗳️
Annual Health Insurance, Monthly Health Insurance
- A. Global Health Plan options
- B. Termination Life Event configuration
- C. Reinstatement rule events
- D. Overspending in flex credit shell plans
Correct Answer: A 🗳️
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
- A. Standard Coverage Volume
- B. Standard Rate Value
- C. Standard wash Rule formula
- D. Standard input Value
Correct Answer: D 🗳️
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. December 28, 2016
- B. January 22, 2017
- C. January 15, 2017
- D. January 31, 2017
Correct Answer: D 🗳️
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