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Oracle 1Z0-1053-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Benefits Cloud 2023 Implementation Professional
Exam Number:1Z0-1053-23
Exam Price:USD 245
Passing Score:68%
Exam Duration:90 minutes
Certificate Validity Period:Cloud certifications do not expire; exam version updates may require re-certification
Related Certifications:Oracle HCM Cloud 2023 Certified Implementation Specialist
Exam Format:Multiple Choice
Real Exam Qty:70
Available Languages:English
Sample Questions:Oracle 1Z0-1053-23 Sample Questions
Exam Way:Online proctored exam or in-person testing center
Pre Condition:Recommended: Oracle HCM Cloud 2023 implementation experience and completion of relevant Oracle training courses
Official Syllabus URL:https://education.oracle.com/oracle-benefits-cloud-2023-implementation-professional/pexam_1Z0-1053-23

Oracle 1Z0-1053-23 Exam Syllabus Topics:

SectionWeightObjectives
Reporting and Administration15%- Manage self-service benefit enrollments
- Administer benefit elections and updates
- Create and manage benefit reports and analytics
- Configure flex credit and cost sharing
Integration and Data Migration20%- Manage benefit data migration and bulk loading
- Set up HR and payroll integration flows
- Integrate Benefits with HCM payroll and HR
- Configure fast formulas for benefit calculations
Enrollment and Life Events25%- Configure enrollment rules and default elections
- Manage life events and qualifying event processing
- Handle dependent and beneficiary management
- Set up enrollment periods and open enrollment
Benefits Design and Configuration30%- Set up benefit classifications and plan types
- Configure eligibility profiles and rules
- Define rate definitions and contribution calculations
- Plan and configure benefit plans and options
Core Benefits Setup10%- Configure organization and plan year structures
- Set up benefit plan components and hierarchies
- Define carrier and third-party integrations
- Understand Oracle Benefits Cloud architecture

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

Question 1

When you add an open scheduled event to a program of plans not in program, what is the significance of the Assigned Life Event Date?

A. It is the date on which default benefits assignments are made.
B. It is the last day of open enrollment period.
C. It is the effective date of the open event and the date on which eligibility is evaluated.
D. It is the first day of the open enrollment period.


Question 2

A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.
How can you configure this scenario for the company?

A. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
B. Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
C. Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.
D. Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.


Question 3

A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan''s year period.
What is the communicated rate value?

A. 130
B. 32.5
C. 40
D. 30


Question 4

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


Question 5

Optional, mandatory for participant

A. Enrollment authorization requirements
B. Overspending in flex credit shell plans
C. Creation of enrollment results
D. Rate visibility issue


Solutions:

Question 1
Answer: B
Question 2
Answer: A
Question 3
Answer: B
Question 4
Answer: C
Question 5
Answer: A

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