Oracle 1Z0-1053-23 Actual PDF : Oracle Benefits Cloud 2023 Implementation Professional

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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. A company has XX Fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in three production instances. The company wants to run enrollment for executives and send the data for internal discussion. How can the benefits admin perform this task?

A) Create a default life event for this task XX Admin Life event. Create a separate eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
B) Create a default life event for this task XX Admin Life event. Attach it to the plan. Then trigger the life event and enroll into a
C) Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.

2. Can be defined in spending options

A) Valid type of life event
B) Rate visibility issue
C) Overspending in flex credit shell plans
D) Tasks to prepare for open enrollment

3. As of event start date

A) Valid type of life event
B) Life event start date
C) Termination life event configuration
D) Creation of enrollment results

4. You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance. The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?

A) Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
B) Configure a secondary rate with the calculation method as Multiple of Coverage.
C) Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
D) Configure a primary rate with the calculation method as Multiple of Coverage.

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

Solutions: