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Actualkey Prepration Latest 1Z0-1053-23 : Oracle Benefits Cloud 2023 Implementation Professional Exam Questions and Answers PDF's, Verified Answers via Experts - Pass Your Exam For Sure and instant Downloads - "Money Back Guarantee".
| Vendor | Oracle |
| Certification | Oracle Cloud Solutions |
| Exam Code | 1Z0-1053-23 |
| Title | Oracle Benefits Cloud 2023 Implementation Professional Exam |
| No Of Questions | 60 |
| Last Updated | July 1,2024 |
| Product Type | Q & A with Explanation |
| Bundel Pack Included | PDF + Offline / Andriod Testing Engine and Simulator |
Format: Multiple Choice
Duration: 90 Minutes
Exam Price: $
Number of Questions: 55
Passing Score: 70%
Validation: This exam has been validated against 22A/22B/22C/22D/23A/23B.
Policy: Cloud Recertification
Earn associated certifications
Passing this exam is required to earn these certifications. Select each certification title below to view full requirements.
Oracle Benefits Cloud 2023 Certified Implementation Professional
Prepare to pass exam: 1Z0-1053-23
An Oracle Benefits Cloud 2023 Certified Implementation Professional has demonstrated the knowledge and skills required to configure and implement Oracle HCM Cloud Benefits Service solutions. Individuals who earn this certification are able to configure and administer Benefits, set up benefits extracts and extract and transmit data to plan carriers.
If you have a valid Oracle Benefits Cloud Implementation Professional Certification, and your credential has not expired, you can maintain your certification by taking the corresponding shorter Delta exam.
Login to Oracle CertView to check if your certification credential has expired or is still valid.
Check the Oracle Recertification Policy to see if you qualify.
Take recommended training
Complete one of the courses below to prepare for your exam (optional):
Become a Certified Benefits Implementer
Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience), in the learning subscription, provides the best preparation for passing the exam.
Review exam topics
Configuring Benefits
Configure life events
Create benefits groups
Create eligibility profiles
Manage benefit year periods, plan types, and options
Create benefit plans and programs
Configure enrollment display
Administering Benefits
Explain common administrative tasks
Explain collapsing rules
Prepare for an open enrollment period
Manage an open enrollment period
Configure flex credits
Manage benefit coverage and rates
Manage Enrollments- Benefits Service Center
Reporting on Benefits
Explain benefit reports
View enrollment results
Set up benefits extracts, extract and transmit data to plan carriers
Working with Evaluation and Reporting Work area
Benefits Billing and Court Orders
Manage Benefit Court Orders
Configure Benefits Billing
QUESTION 1
Which is NOT a valid type of life event?
A. Explicit
B. Temporal
C. Scheduled
D. Unrestricted
E. Restricted
Answer: E
QUESTION 2
XX Life insurance plan has two options: Option 1 enrolls a dependent of age 21 or above and Option 2 enrolls a dependent aged 18 or less.
How do you define a benefit configuration for these two options?
A. Createtwoderivedfactors, one withage as21or above anda secondwithage18or less. Create
an eligibility profile and configure these two derived factors under the eligibility profile. Then attach
the eligibility profile to XX Life Insurance Plan
B. Create one derived factor. Create an eligibility profile and configure the derived factor under the
eligibilityprofile. Then attach the eligibility profile to XX Life Insuranceplan at Option 1, and then
attach the same eligibility profile at Option 2.
C. Create one derived factor. Create an eligibility profile and configure the derived factor under the
eligibility profile. Then attach the eligibility profile to XX Life Insurance Plan.
D. Create two eligibility profiles. One with age as 21 or above and a second with age 18 or less. Then
attach these eligibility profiles to XX Life Insurance Plan.
Answer: D
QUESTION 3
Anorganization has a scheduled open period for Life Insurance plan from January 1sttothe 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. January 15, 2017
B. December 28, 2016
C. January31,2017
D. January22,2017
Answer: C
QUESTION 4
What are the number of train stops available in the Benefits Enrollment self-service page for plan/program enrollment?
A. 5
B. 7
C. The number of train stops can be configured.
D. 6
Answer: C
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