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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. 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) 40
C) 130
D) 32.5

2. Achieved via configuration

A) Number of train stops on benefits enrollment page
B) Overspending in flex credit shell plans
C) Valid type of Life Event
D) Designating dependents on Train Stop

3. As of event start date

A) Valid type of life event
B) Life event start date
C) Termination life event configuration
D) Creation of enrollment results

4. 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) 40
C) 130
D) 32.5

5. Which two statements are true about Enrollment Authorizations?

A) They appear only the first time that the participant enters self-service enrollment for multiple life events.
B) They are optional to implement. If implemented, performing the authorization task is optional for the participant.
C) They are optional to Implement. If implemented, performing the authorization task is mandatory for the participant.
D) If they are implemented, participants must read and accept the terms provided in the text before they are able to enroll.
E) They appear several times if the participant enters self-service multiple times for a single life event.

Solutions: