Oracle 1Z0-1053-23 : Oracle Benefits Cloud 2023 Implementation Professional

  • Exam Code: 1Z0-1053-23
  • Exam Name: Oracle Benefits Cloud 2023 Implementation Professional
  • Updated: Oct 02, 2026

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Oracle 1Z0-1053-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Eligibility and Life Events25%- Enrollment eligibility and restriction setup
- Life event types, triggers and processing rules
- Collapsing rules and event processing
Topic 2: Core Benefits Setup10%- Carrier and third-party integration setup
- Plan year and organizational structure configuration
- Benefits Cloud architecture and components
Topic 3: Benefits Design and Configuration30%- Rate definitions, contributions and calculations
- Eligibility profiles and rule definition
- Plan types, classifications, programs and options creation
Topic 4: Enrollment and Processing25%- Enrollment rules, periods and default elections
- Self-service enrollment configuration
- Flex credits, cost sharing and coverage setup
Topic 5: Integration, Administration and Reporting10%- Reporting, analytics and enrollment results
- Benefits extracts, data transmission and billing
- Integration with HR and Payroll modules

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

Question #1

An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?

  • A. January 22, 2017
  • B. December 28, 2016
  • C. January 31, 2017
  • D. January 15, 2017
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

This is the configuration of a collapsing life event rule:
Life event = Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

  • A. The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
  • B. The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
  • C. The collapsing rule runs the Dependent event, evaluates the Marriage event, and assigns its occurred date to August 1, 2015.
  • D. The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

Termination life event configuration

  • A. Configurable
  • B. Coverage Start Date: First of the Next Month
  • C. Intervening life event backed out open event
  • D. Plan Configuration, Evaluation and Reporting
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers. What can you define so that participants who are covered by a plan for less than a full have no premium obligation?

  • A. Standard Input Value
  • B. Standard Wash Rule Formula
  • C. Standard Coverage Value
  • D. Standard Rate Value
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

Can be defined in spending options

  • A. Valid type of life event
  • B. Overspending in flex credit shell plans
  • C. Rate visibility issue
  • D. Tasks to prepare for open enrollment
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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