Exam Name: Oracle Benefits Cloud 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Benefits Cloud
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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting and Administration | 15% | - Create and manage benefit reports and analytics - Manage self-service benefit enrollments - Configure flex credit and cost sharing - Administer benefit elections and updates |
| Core Benefits Setup | 10% | - Configure organization and plan year structures - Understand Oracle Benefits Cloud architecture - Define carrier and third-party integrations - Set up benefit plan components and hierarchies |
| Benefits Design and Configuration | 30% | - Define rate definitions and contribution calculations - Plan and configure benefit plans and options - Set up benefit classifications and plan types - Configure eligibility profiles and rules |
| Integration and Data Migration | 20% | - Manage benefit data migration and bulk loading - Set up HR and payroll integration flows - Configure fast formulas for benefit calculations - Integrate Benefits with HCM payroll and HR |
| Enrollment and Life Events | 25% | - Set up enrollment periods and open enrollment - Configure enrollment rules and default elections - Handle dependent and beneficiary management - Manage life events and qualifying event processing |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
To which two benefits objects can Year Period be attached to?
- A. Plan Type
- B. Plan
- C. Option
- D. Program
Correct Answer: A,C 🗳️
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
Which three areas contain tasks to prepare for an open enrollment period?
- A. Person Management work area
- B. Plan Configuration work area
- C. Enrollment and My Information work areas
- D. Payroll Calculation work area
- E. Evaluation and Reporting work areas
Correct Answer: B,C,E 🗳️
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
Which statement about configuring Designation Requirements is true?
- A. A Designation Requirement can be configured for a plan with no option.
- B. A plan must have the waive option for Designation Requirement to be configured.
- C. A Designation Requirement cannot be configured for a plan with no option.
- D. A plan must have multiple options for Designation Requirement to be configured.
Correct Answer: D 🗳️
How many life events can be included in a collapsing rule?
- A. 12
- B. 8
- C. 10
- D. 7
Correct Answer: C 🗳️
Your customer wants to create a new XX BeWell Medical Plan for the upcoming plan year 2018. What two steps must you perform as an administrator to stop existing participant enrollments and prevent new enrollments?
- A. Edit the new plan with session effective date as January l of the upcoming plan year 7018, and the status as Pending.
- B. Edit the new plan with session effective date as January 1 of the upcoming plan year 2018, and the status as Active.
- C. Create the new plan with session effective date as January 1 of the current year 2017. and the status as Active,
- D. Edit the new plan with session effective date as January of the current plan year 2017, and the status as Active.
- E. Create the new plan with session effective date as January 1 of the current year 2017, and the status as Pending.
Correct Answer: C 🗳️
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