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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enrollment and Life Events | 25% | - Manage life events and qualifying event processing - Handle dependent and beneficiary management - Configure enrollment rules and default elections - Set up enrollment periods and open enrollment |
| Topic 2: 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 |
| Topic 3: Benefits Design and Configuration | 30% | - Define rate definitions and contribution calculations - Set up benefit classifications and plan types - Configure eligibility profiles and rules - Plan and configure benefit plans and options |
| Topic 4: Integration and Data Migration | 20% | - Integrate Benefits with HCM payroll and HR - Manage benefit data migration and bulk loading - Configure fast formulas for benefit calculations - Set up HR and payroll integration flows |
| Topic 5: 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 |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. 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 General Information, leave the Global check box blank and add specific legal entities.
B) On the Create Life Event page under Additional Information, select the Self-Assigned check box 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.
2. Optional, mandatory for participant
A) Rate visibility issue
B) Enrollment authorization requirements
C) Creation of enrollment results
D) Overspending in flex credit shell plans
3. An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
A) This can be achieved via customization only.
B) This cannot be achieved.
C) This can be achieved via configuration.
D) Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
4. January 31, 2017
A) Valid type of life event
B) Tasks to prepare for open enrollment
C) Coverage start date for employee
D) Overspending in flex credit shell plans
5. Which two are correct processes regarding performing the Benefits Extract setup?
A) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
B) Extract benefits enrollment information into a single XML file for each plan carrier.
C) Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
D) Extract benefits enrollment information into separate XML files for each plan and plan carrier.
E) Configure plan carrier details and extract options using the Manage Plan Carriers task.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B,D |
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