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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Benefits Design and Configuration | 30% | - Configure eligibility profiles and rules - Set up benefit classifications and plan types - Define rate definitions and contribution calculations - Plan and configure benefit plans and options |
| Reporting and Administration | 15% | - Manage self-service benefit enrollments - Create and manage benefit reports and analytics - Configure flex credit and cost sharing - Administer benefit elections and updates |
| Core Benefits Setup | 10% | - Set up benefit plan components and hierarchies - Understand Oracle Benefits Cloud architecture - Define carrier and third-party integrations - Configure organization and plan year structures |
| Enrollment and Life Events | 25% | - Set up enrollment periods and open enrollment - Manage life events and qualifying event processing - Handle dependent and beneficiary management - Configure enrollment rules and default elections |
| Integration and Data Migration | 20% | - Integrate Benefits with HCM payroll and HR - Manage benefit data migration and bulk loading - Set up HR and payroll integration flows - Configure fast formulas for benefit calculations |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?
- A. Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
- B. Run the Enrollment Kit Report from Benefits Self-Service.
- C. Run the Person Enrollment Summary Report from the Enrollment work area.
- D. Run the Enrollment Kit Report from the Benefits Enrollment work area.
- E. Run the Person Enrollment Summary Report from Benefits Self Service.
Correct Answer: D 🗳️
Explanation: Only visible for PrepAwayExam members. You can sign-up / login (it's free).
What are the number of train stops available in the Benefits Enrollment self-service page for the plan/program enrollment?
- A. 6
- B. The number of train stops can be configured.
- C. 7
- D. 5
Correct Answer: B 🗳️
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.
Correct Answer: B 🗳️
Your customer decided to use some delivered explicit life events in their business. What is your next step as an HCM Consultant after defining triggers as per the retirement?
- A. Associate the life events only with benefit plans which are not in a program.
- B. Associate the life events with benefit plans or program.
- C. Associate the life events only with Core benefit programs.
- D. Associate the life events with only flexible benefit programs.
- E. Associate the life events only with benefit plans which are in a program.
Correct Answer: E 🗳️
The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?
- A. Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
- B. Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
- C. Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
- D. Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
Correct Answer: B 🗳️
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