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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. XX Global Health Plan has multiple options attached.
* Option i: XX Annual Health Insurance
* Option 2: Monthly Health Insurance
The plan cycle starts every year from April 1 to March 31. An employee opted for this plan on July 1, 2015 and his employment service was terminated on Oct 25, 2015- Business wants to trigger a Termination life event on the 12th of the termination month for the employee, irrespective of the actual termination date, for payroll reasons.
Which is the correct configuration for the Life event - Termination?

A) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan, with "As of event date" as the enrollment period start date.
B) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Number of Days from the event" as the enrollment period start date and the number field as 15.
C) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment Opportunity type formula.
D) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Formula" as the enrollment period start date, attaching a customized Enrollment period start date type formula.
E) Configure Termination as a Life event under the Enrollment tab of XX Global Health Plan with "Mid of the month" as the enrollment period start date.

2. The benefits admin has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section. Why can''t the employee see the assigned rate amount?

A) The rate amount is not configured for the employee,s specific legal employer.
B) The rate amount is of the unit measure of "Money".
C) The rate amount is a variable rate for the employee,s legal employer.
D) The rate amount "Assign on Enrollment" is enabled for five legal entities.

3. 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) No unrestricted event is available for the employee.
C) The employee is not eligible for the enrollment.
D) No option is available for the plan for enrollment.

4. Which is not a derived factor type?

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

5. Plan Configuration, Evaluation and Reporting

A) Number of train stops on benefits enrollment page
B) Overspending in flex credit shell plans
C) Valid type of life event
D) Tasks to prepare for open enrollment

Solutions: