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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Integration and Data Migration | 20% | - Manage benefit data migration and bulk loading - Configure fast formulas for benefit calculations - Set up HR and payroll integration flows - Integrate Benefits with HCM payroll and HR |
| Enrollment and Life Events | 25% | - Manage life events and qualifying event processing - Set up enrollment periods and open enrollment - Handle dependent and beneficiary management - Configure enrollment rules and default elections |
| Reporting and Administration | 15% | - Manage self-service benefit enrollments - Administer benefit elections and updates - Configure flex credit and cost sharing - Create and manage benefit reports and analytics |
| Core Benefits Setup | 10% | - Define carrier and third-party integrations - Understand Oracle Benefits Cloud architecture - Configure organization and plan year structures - Set up benefit plan components and hierarchies |
| Benefits Design and Configuration | 30% | - Configure eligibility profiles and rules - Plan and configure benefit plans and options - Define rate definitions and contribution calculations - Set up benefit classifications and plan types |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. An organization has a scheduled open period for Life Insurance plan from January 1st to the 31st. The important dates defined while configuring the scheduled open life event are:
1) Enrollment Period Start Date - January 1, 201/
2) Enrollment Period End Date - January 31, 2017
3) Assign Defaults Date - January 31, 2017
4) Assigned Life Event Date - January 15, 2017
5) Coverage Start Date - Latest of elections, event or notified
The batch process to assign the open life event was run effective December 28, 2016. An employee makes an election on January 22, 2017.
What is the coverage start date for this employee?
A) December 28, 2016
B) January 15, 2017
C) January 22, 2017
D) January 31, 2017
2. 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
3. The benefits admin runs an open enrollment window on 03/01/2017 for Program: XX Life Insurance, but cannot find the life event date of 03/15/2017. What could be a reason for this?
A) The benefits admin has a login from the previous date to that of 03/15/2017.
B) There is no configuration for open enrollment for the XX Life Program.
C) A cycle has already run for open enrollment, so no life event date is available.
D) The life event date configured for XX Life Program is not 03/15/2017.
4. 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 life event had expired.
B) The number of proximity days was specified as 0.
C) The number of proximity days was specified as 15.
D) The number of proximity days was specified as 20.
5. Which two are program types when you configure Flex Credits?
A) Flex
B) Core
C) Other Credits
D) Flex Credits and Core
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A,B |
