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

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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

Question 1

A benefits administrator can see these statuses of life events-
1. New Hire processed on 28-Apr-2016.
2. Marriage detected on 1-Jun-2016.
What do these statuses imply?

A. New Hire LE is complete and closed. Marriage LE is triggered because of the data change.
B. New Hire l-E is complete and closed. Marriage IE is triggered but has not yet made elections.
C. New Hire IF is complete and closed. Marriage LE is triggered and has made elections.
D. New Hire LE is complete but not closed. Marriage LE is triggered but has not yet made elections.

Question 2

A benefits administrator processed an enrollment for one employee, and manually added the life event "XYZ" as of August 1, 2016. Since there were two more life events in the detected phase as of August 15, 2016, the benefits administrator clicked "Collapse Life Event". Upon processing the life event tab, the benefits administrator received an error saying two or more life events were in the detected phase.
Why did the collapsing rule fail?

A. The number of proximity days was specified as 20.
B. The number of proximity days was specified as 0.
C. The number of proximity days was specified as 15.
D. The life event had expired.

Question 3

Given:
1. A benefits administrator entered a New Hire event on May 1, 2015. The life event originally occurred on January 1, 2015.
2. The Transfer event occurred on January 10, 20lb.
3. The Timeliness rule was configured for both life events to 90 days and the collapsing rule was also set When the participation evaluation process runs on May 5, 2015, the process does NOT evaluate the Marriage event or collapse any events.
Which two are reasons for this?

A. The Marriage event occurred before the Transfer event.
B. The employee is not eligible for life events.
C. No collapsing rule was set.
D. The process doesn,t evaluate other events that occur later than the Marriage event until you decide what action to take for that event.

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 wash Rule formula
B. Standard input Value
C. Standard Rate Value
D. Standard Coverage Volume

Question 5

Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self-Set vice.
How do you accomplish this requirement?

A. Select the same administrator category on the Edit Plan Type page while managing Benefits Self-Service configuration.
B. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
C. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
D. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for administrators.
E. Select Display Signature in the Confirmation section while managing Benefits Self-Service configuration.

Solutions: