Exam Name: Oracle Benefits Cloud 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Benefits Cloud
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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Benefits Design and Configuration | 30% | - Eligibility profiles and rule definition - Plan types, classifications, programs and options creation - Rate definitions, contributions and calculations |
| Integration, Administration and Reporting | 10% | - Integration with HR and Payroll modules - Benefits extracts, data transmission and billing - Reporting, analytics and enrollment results |
| Core Benefits Setup | 10% | - Carrier and third-party integration setup - Benefits Cloud architecture and components - Plan year and organizational structure configuration |
| Eligibility and Life Events | 25% | - Enrollment eligibility and restriction setup - Collapsing rules and event processing - Life event types, triggers and processing rules |
| Enrollment and Processing | 25% | - Enrollment rules, periods and default elections - Self-service enrollment configuration - Flex credits, cost sharing and coverage setup |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
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 🗳️
Plan Configuration, Evaluation and Reporting
- A. Valid type of life event
- B. Overspending in flex credit shell plans
- C. Tasks to prepare for open enrollment
- D. Number of train stops on benefits enrollment page
Correct Answer: C 🗳️
An employee logs in from employee self-service and navigates to the benefits section. However, the employee is unable to find the desired plan in the benefits section. Which two are possible reasons the plan does not appear:
- A. No life event is detected.
- B. The employee is not eligible for the enrollment.
- C. No unrestricted event is available for the employee.
- D. No option is available for the plan for enrollment.
Correct Answer: C 🗳️
Rate is inactive
- A. Valid type of life event
- B. Rate visibility issue
- C. Creation of enrollment results
- D. Reinstatement rule events
Correct Answer: B 🗳️
The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?
- A. There is no configuration for open enrollment for the XX Life Program.
- B. The benefits admin has a login from the previous date to that of 03/15/2017.
- C. A cycle has already run for open enrollment, so no life event date is available.
- D. The life event date configured for XX Life Program is not 03/15/2017.
Correct Answer: A 🗳️
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