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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enrollment and Life Events | 25% | - Configure enrollment rules and default elections - Set up enrollment periods and open enrollment - Handle dependent and beneficiary management - Manage life events and qualifying event processing |
| Topic 2: Benefits Design and Configuration | 30% | - Plan and configure benefit plans and options - Configure eligibility profiles and rules - Define rate definitions and contribution calculations - Set up benefit classifications and plan types |
| Topic 3: Reporting and Administration | 15% | - Administer benefit elections and updates - Create and manage benefit reports and analytics - Manage self-service benefit enrollments - Configure flex credit and cost sharing |
| Topic 4: Integration and Data Migration | 20% | - Set up HR and payroll integration flows - Configure fast formulas for benefit calculations - Integrate Benefits with HCM payroll and HR - Manage benefit data migration and bulk loading |
| Topic 5: Core Benefits Setup | 10% | - Define carrier and third-party integrations - Set up benefit plan components and hierarchies - Understand Oracle Benefits Cloud architecture - Configure organization and plan year structures |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. January 31, 2017
A) Coverage start date for employee
B) Tasks to prepare for open enrollment
C) Valid type of life event
D) Overspending in flex credit shell plans
2. XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
A) Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance plan at Option 1, and then attach the same eligibility profile at Option 2.
B) Create one derived factor. Create an eligibility profile and configure the derived factor under the eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
C) Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then attach these eligibility profiles to XX Life Insurance Plan.
D) Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance PlanB.
3. Explicit, Temporal, Scheduled, Unrestricted
A) Tasks to prepare for open enrollment
B) Termination life event configuration
C) Valid type of life event
D) Creation of enrollment results
4. To which two benefits objects can Year Period be attached to?
A) Plan Type
B) Option
C) Plan
D) Program
5. Your customer wants to create an explicit life event that can be used only in two specific legal entities. How do you accomplish this requirement?
A) On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
B) On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.
C) On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
D) On the Create Life Event page under Additional Information, leave the Self-Assigned check box blank and add specific legal entities.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: A,B | Question # 5 Answer: B |
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