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Oracle 1Z0-1053-23 Exam Syllabus Topics:

Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3: Employee Plus Spouse Plus Child The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plus Child, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

A) Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..
B) Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
C) Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D) Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab > Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.

2. An organization has a requirement to restrict Beneficiary Distributions to a percentage with a maximum of 100%. However, the distribution should be in multiples of 10.
Which statement about this requirement is true?

A) This requirement cannot be achieved in the current system offerings.
B) This requirement can be completely achieved with configuration only.
C) This requirement can be achieved through customization only.
D) This requirement cannot be achieved with configurations, and would require custom Fast Formula.

3. A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A) Each occurrence of the life event causes participation evaluation processing to reconsider the plan,s availability for a program.
B) The amount of deduction from employee pay check for enrollment is varied based on a life event.
C) Each occurrence of the life event causes participation evaluation processing to reconsider the person,s eligibility for the object.
D) Life events affect benefits processing for a participant.

4. Explicit, Temporal, Scheduled, Unrestricted

A) Tasks to prepare for open enrollment
B) Creation of enrollment results
C) Termination life event configuration
D) Valid type of life event

5. To which two benefits objects can Year Period be attached to?

A) Plan
B) Plan Type
C) Program
D) Option

Solutions: