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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Benefits Design and Configuration | 30% | - Set up benefit classifications and plan types - Define rate definitions and contribution calculations - Configure eligibility profiles and rules - Plan and configure benefit plans and options |
| Topic 2: Reporting and Administration | 15% | - Create and manage benefit reports and analytics - Configure flex credit and cost sharing - Administer benefit elections and updates - Manage self-service benefit enrollments |
| Topic 3: Integration and Data Migration | 20% | - Set up HR and payroll integration flows - Configure fast formulas for benefit calculations - Manage benefit data migration and bulk loading - Integrate Benefits with HCM payroll and HR |
| Topic 4: Core Benefits Setup | 10% | - Set up benefit plan components and hierarchies - Understand Oracle Benefits Cloud architecture - Configure organization and plan year structures - Define carrier and third-party integrations |
| Topic 5: Enrollment and Life Events | 25% | - Set up enrollment periods and open enrollment - Manage life events and qualifying event processing - Configure enrollment rules and default elections - Handle dependent and beneficiary management |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Which benefit object must be created prior to creating an option?
- A. Plan Type
- B. Rate
- C. Plan
- D. Coverage
Correct Answer: C 🗳️
Explanation: Only visible for VCE4Plus members. You can sign-up / login (it's free).
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 Person Enrollment Summary Report from Benefits Self Service.
- 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 Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
- E. Run the Enrollment Kit Report from the Benefits Enrollment work area.
Correct Answer: E 🗳️
Explanation: Only visible for VCE4Plus members. You can sign-up / login (it's free).
The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?
- A. There is no configuration for open enrollment for the XX Life Program.
- B. A cycle has already run for open enrollment, so no life event date is available.
- C. The benefits admin has a login from the previous date to that of 03/15/2017.
- D. The life event date configured for XX Life Program is not 03/15/2017.
Correct Answer: A 🗳️
An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?
- A. This requirement can be completely achieved with configuration only.
- B. This requirement cannot be achieved in the current system offerings.
- C. This requirement cannot be achieved with configurations, and would require custom Fast Formula.
- D. This requirement can be achieved through customization only.
Correct Answer: C 🗳️
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 multiple options for Designation Requirement to be configured.
- C. A plan must have the waive option for Designation Requirement to be configured.
- D. A Designation Requirement cannot be configured for a plan with no option.
Correct Answer: B 🗳️
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