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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. 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.

2. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan''s year period.
What is the communicated rate value?

A) 30
B) 32.5
C) 40
D) 130

3. Optional, mandatory for participant

A) Creation of enrollment results
B) Overspending in flex credit shell plans
C) Enrollment authorization requirements
D) Rate visibility issue

4. What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?

A) 6
B) The number of train stops can be configured.
C) 5
D) 7

5. Evaluate Life Events, Close Enrollment, Enrollment Authorizations

A) Valid type of life event
B) Creation of enrollment results
C) Termination life event configuration
D) Number of train stops on benefits enrollment page

Solutions: