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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. A Global Dental Plan has the following options attached to it:
Option 1: Employee Only
Option 2: Employee Plus Spouse
Option 3: Employee Plus Spouse Plus Children
The company wants an employee to select only one option which will be restricted for two years. After two /ears the employee will get an opportunity to enroll into a new Global Dental Plan. For example, an employee was hired on July 23, 2015 and enrolled into the plan. The employee cannot make a new selection until July 2i, 2017 as the plan is restricted.
How can you configure this scenario for the company?

A) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period start date as of event date. Configure the limitation to minimum 2 years at all three option levels. Then configure a person selection formula type with the logic of creating an enrollment opportunity every 2 years.
B) Configure a New hire with the addition of child and Marriage life events to the Global Dental plan with an period start date as of event data. Configure the limitation to minimum 2 years at all three option levels.
C) Configure a New hire life event to the Global Dental Plan with an enrollment period start date as of event date. Then configure the limitation to minimum 2 years at the plan tab.
D) Configure a New hire with the addition of child and Marriage life events to the Global Dental Plan with an enrollment period1 date as Formula, Configure the limitation to minimum 2 years at the plan tab.

2. A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?

A) 3
B) 4
C) 5
D) 6

3. Which two are correct processes regarding performing the Benefits Extract setup?

A) Extract benefits enrollment information into a single XML file for each plan carrier.
B) Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
C) Extract benefits enrollment information into separate XML files for each plan and plan carrier.
D) Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
E) Configure plan carrier details and extract options using the Manage Plan Carriers task.

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

5. 1The benefits administrator has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section.
Why can''t the employee see the assigned rate amount?

A) The rate amount is not configured for the employee,s specific legal employer.
B) The rate amount Is a variable rate for the employee,s legal employer.
C) The rate amount is of the unit of measure "Money".
D) The rate amount "Assign on Enrollment" is enabled for five legal entities.

Solutions: