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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Benefits Design and Configuration | 30% | - Plan and configure benefit plans and options - Configure eligibility profiles and rules - Define rate definitions and contribution calculations - Set up benefit classifications and plan types |
| Topic 2: 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 |
| Topic 3: Integration and Data Migration | 20% | - Set up HR and payroll integration flows - Integrate Benefits with HCM payroll and HR - Manage benefit data migration and bulk loading - Configure fast formulas for benefit calculations |
| Topic 4: Reporting and Administration | 15% | - Administer benefit elections and updates - Configure flex credit and cost sharing - Create and manage benefit reports and analytics - Manage self-service benefit enrollments |
| Topic 5: Enrollment and Life Events | 25% | - Set up enrollment periods and open enrollment - Handle dependent and beneficiary management - Manage life events and qualifying event processing - Configure enrollment rules and default elections |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
1. 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 can be completely achieved with configuration only.
B) This requirement cannot be achieved in the current system offerings.
C) This requirement cannot be achieved with configurations, and would require custom Fast Formula.
D) This requirement can be achieved through customization only.
2. Your customer wants to keep all functional consultants in a separate benefits group, so you created Function Consultants Benefits Group.
How do you assign the individual functional consultant to this newly created benefits group?
A) Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
B) Assign individuals to the benefit group using the Manage Person task in the Enrollment work area.
C) Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.
D) Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
E) Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
3. Which three areas contain tasks to prepare for an open enrollment period?
A) Payroll Calculation work area
B) Plan Configuration work area
C) Enrollment and My Information work areas
D) Evaluation and Reporting work areas
E) Person Management work area
4. An organization wants a dedicated Train Stop for Dependent/Beneficiary Designation. How can you meet this requirement?
A) Dependent/Beneficiary designation can only be done on the plan enrollment page (where an employee chooses options). So, this cannot be achieved.
B) This cannot be achieved.
C) This can be achieved via configuration.
D) This can be achieved via customization only.
5. What are the different types of open enrollment options available under Scheduled tab in program?
A) Open All and Unrestricted All
B) Open Scheduled and Unrestricted Scheduled
C) Open Enrollment and Open Unrestricted Enrollment
D) Open New Hire Enrollment and Unrestricted New Hire Enrollment
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: B,C,D | Question # 4 Answer: B | Question # 5 Answer: D |
