[May-2025] Pass Oracle 1Z0-1053-23 Tests Engine pdf - All Free Dumps
Oracle Benefits Cloud 2023 Implementation Professional Practice Tests 2025 | Pass 1Z0-1053-23 with confidence!
NEW QUESTION # 12
Given that premiums are calculated on a monthly basis in accordance with the most common business of benefit suppliers.
What can you define so that participants who are covered by a plan for less than a full have no premium obligation?
- A. Standard Rate Value
- B. Standard wash Rule formula
- C. Standard input Value
- D. Standard Coverage Volume
Answer: C
NEW QUESTION # 13
What are the number of train stops available in the Benefits Enrollment self-service page for the plan/program enrollment?
- A. 0
- B. 1
- C. The number of train stops can be configured.
- D. 2
Answer: C
NEW QUESTION # 14
Number of train stops on Benefits Enrollment page
- A. Enterprise Systems
- B. Internally Developed
- C. Configurable
- D. Customizable
Answer: C
NEW QUESTION # 15
The benefits admin has configured five rates for five different legal entities. After implementation, an employee logs into the benefit self service. When selecting a plan, the employee cannot see the assigned rate amount to the plan under the rate section. Why can''t the employee see the assigned rate amount?
- A. The rate amount is a variable rate for the employee,s legal employer.
- B. The rate amount is not configured for the employee,s specific legal employer.
- C. The rate amount "Assign on Enrollment" is enabled for five legal entities.
- D. The rate amount is of the unit measure of "Money".
Answer: B
NEW QUESTION # 16
How do you configure the link between the payroll module and benefits?
- A. Link the element to the plan rate.
- B. Link the payroll to the plan coverage.
- C. Link the payroll to the plan salary basis.
- D. Link the element to the plan coverage.
Answer: D
NEW QUESTION # 17
Can you change the column text of primary and secondary rates on the Benefit self-service page?
- A. No, a change option is available in the Configure Grouping Display task, but it doesn,t allow a text change.
- B. Yes, a change option is available in the Configure Grouping Display task.
- C. Yes, a change option is available in the Enrollment Configuration task.
- D. No, a change option is not available in the Configure Grouping Display task.
Answer: B
NEW QUESTION # 18
Which is not a valid type of life event?
- A. Scheduled
- B. Unrestricted
- C. Explicit
- D. Restricted
- E. Temporal
Answer: A
NEW QUESTION # 19
A company has XX Fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in three production instances. The company wants to run enrollment for executives and send the data for internal discussion. How can the benefits admin perform this task?
- A. Create a default life event for this task XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to the program. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
- B. Create a default life event for this task XX Admin Life event. Attach it to the plan. Then trigger the life event and enroll into a
- C. Create a default life event for this task XX Admin Life event. Create a separate eligibility profile. Then enroll the first of executives into a sample data and send the summary reports to the company.
Answer: C
NEW QUESTION # 20
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 Enrollment work area.
- B. Assign individuals to the benefit group using the Manage Person task in the Plan Configuration work area.
- C. Assign individuals to the benefit group using the Manage Person task in the Person Management work area.
- D. Assign individuals to the benefit group using the Manage Person Habits and Benefit Groups task in the Enrollment work area.
- E. Assign individual to the benefit group using the Manage Person Habits and Benefit Groups task in the Plan Configuration work area.
Answer: A
NEW QUESTION # 21
Optional, mandatory for participant
- A. Rate visibility issue
- B. Creation of enrollment results
- C. Overspending in flex credit shell plans
- D. Enrollment authorization requirements
Answer: D
NEW QUESTION # 22
Your customer does NOT want the system to detect temporal events whenever a marriage life event is detected and processed by the application.
How do you accomplish this requirement?
- A. On the life event creation page, select "Never detect Past or future temporal events" as the Temporal Detection Rule.
- B. On the life event creation page, select "Do not detect past or future temporal events" as the Temporal Detection Rule.
- C. On the life event creation page, select "Do not detect future temporal events" as the Temporal Detection Rule.
- D. On the life event creation page, select "Never detect this temporal life event" as the Temporal Detection Rule.
- E. On the life event creation page, select "Do not detect past temporal events" as the Temporal Detection Rule.
Answer: C
NEW QUESTION # 23
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. January 15, 2017
- B. January 31, 2017
- C. January 22, 2017
- D. December 28, 2016
Answer: B
NEW QUESTION # 24
A company offers a benefits plan to its employees that includes:
1) Health coverage plan for employee and family
2) Top up health coverage plan at extra premium
3) Life insurance plan for employee and family
4) In Network Dental Insurance plan
5) Out of network Dental insurance plan
6) Eye care plan
How many plan types do you need to configure for this customer?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 25
Can you upload student and disability status for multiple persons at one time?
- A. Yes, it can be accomplished by creating a benefit group.
- B. No, this option isn,t available.
- C. Yes, it can be accomplished through a benefit administrator task.
- D. Yes, it can be accomplished through the spreadsheet loader.
Answer: A
NEW QUESTION # 26
Which two are correct processes regarding performing the Benefits Extract setup?
- A. Configure the carrier names for plan types, plans, and option using the Manage Plan Carriers task.
- B. Configure plan carrier details and extract options using the Manage Program Enrollment Requirements task.
- C. Extract benefits enrollment information into a single XML file for each plan carrier.
- D. Configure plan carrier details and extract options using the Manage Plan Carriers task.
- E. Extract benefits enrollment information into separate XML files for each plan and plan carrier.
Answer: C,E
NEW QUESTION # 27
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. 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.
- B. 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.
- C. Create two derived factors, one with age as 21 or above and a second with age 18 or less. Create an eligibility profile and configure these two derived factors under the eligibility profile. Then attach the eligibility profile to XX Life Insurance PlanB.
- D. 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 at Option 1, and then attach the same eligibility profile at Option 2.
Answer: A
NEW QUESTION # 28
Which three areas contain tasks to prepare for an open enrollment period?
- A. Enrollment and My Information work areas
- B. Plan Configuration work area
- C. Payroll Calculation work area
- D. Evaluation and Reporting work areas
- E. Person Management work area
Answer: A,B,D
Explanation:
https://docs.oracle.com/en/cloud/saas/global-human-resources/r13-update18a/facmb/prepare-for-open-enrollment.html#FACMB1107266
NEW QUESTION # 29
Your customer wants its employees to submit signed hard copies of confirmation while managing benefits online from Benefits Self Service. How do you accomplish this requirement?
- A. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page.
- B. Select Display Signature in the Confirmation section while managing Enrollment Authorizations.
- C. Confirm that the correct self-service category is selected on the Configure Plan Type Grouping Display page for admins.
- D. Select Display Signature in the Confirmation section while managing Benefits Self Service configuration.
- E. Select the same admin category on the Edit Plan Type page while managing Benefits Self Service configuration.
Answer: D
NEW QUESTION # 30
Year Period attachment
- A. Plan, Option
- B. Explicit, Temporal, Scheduled, Unrestricted
- C. Can Be Defined In Spending Options
- D. Hours Worked, Full-time Equivalent, Compensation
Answer: A
NEW QUESTION # 31
Which is not a derived factor type?
- A. Hours Worked
- B. Grade
- C. Compensation
- D. Full-Time Equivalent
Answer: B
NEW QUESTION # 32
What rate is used for the flex credit program to adjust the total cost of the program?
- A. Standard Primary Rate
- B. Standard Rollover Rate
- C. Standard Secondary Rate
- D. Rollover Rate
Answer: D
NEW QUESTION # 33
Which three are correct methods by which enrollment results can be created and made available for viewing?
- A. after the Evaluate Life Events batch process is completed successfully
- B. after the Close Enrollment process has completed
- C. when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
- D. when a default enrollment is processed
- E. when an electable choice is saved as a part of self-service enrollment
Answer: A,C,E
NEW QUESTION # 34
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