Oracle 1Z0-1053-23

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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self Service. How do you accomplish this requirement?

A) Select Display Signature in the Confirmation section while managing Benefits Self Service configuration.
B) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for admins.
C) Select the same admin category on the Edit Plan Type page while managing Benefits Self Service configuration.
D) Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
E) Select Display Signature in the Confirmation section while managing Enrollment Authorizations.

2. Which two are correct processes regarding performing the Benefits Extract setup?

A) Extract benefits enrollment information into separate XML files for each plan and plan carrier.
B) Extract benefits enrollment information into a single XML file for each plan carrier.
C) Configure plan carrier details and extract options using the Manage Plan Carriers task.
D) Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
E) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.

3. 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 Wash Rule Formula
B) Standard Input Value
C) Standard Rate Value
D) Standard Coverage Value

4. A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

A) 3
B) 5
C) 6
D) 4

5. 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 31, 2017
C) January 22, 2017
D) January 15, 2017

Solutions: