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1Z0-1053-23 Guide Torrent
  • Exam Code: 1Z0-1053-23
  • Exam Name: Oracle Benefits Cloud 2023 Implementation Professional

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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. Can you define overspending of a budget pool in flex credit shell plans?

A) Yes, you can define it in the spending options.
B) Yes, you can define it in the standard rates.
C) Yes, you can define it as per the flex credit formula.
D) No, you do not have a place holder.


2. Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish this requirement?

A) Run the Enrollment Kit Report from Benefits Self-Service.
B) Run the Enrollment Kit Report from the Benefits Enrollment work area.
C) Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
D) Run the Person Enrollment Summary Report from Benefits Self Service.
E) Run the Person Enrollment Summary Report from the Enrollment work area.


3. A company has XX fusion Benefits Program with seven different plans attached to it. They have gone live with benefits data in 3 production instance. The company wants to run enrollment for executives and send the data for internal discussion.
How can the benefits administrator perform this task?

A) 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 sample data, and send the summary reports to the company.
B) Create a default life event for this I ask XX Admin Life event. Create a benefit group listing all the executives. Create an eligibility profile with this group and attach it to all the plans. Then trigger the life event and enroll into a sample data, and send the summary reports to the company.
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.
D) 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.


4. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?

A) It is the date on which default benefits assignments are made.
B) It is the effective date of the open event and the date on which eligibility is evaluated.
C) It is the first day of the open enrollment period.
D) It Is the last day of the open enrollment period.


5. Which statement about configuring Designation Requirements is true?

A) A Designation Requirement can be configured for a plan with no option.
B) A plan must have multiple options for Designation Requirement to be configured.
C) A plan must have the waive option for Designation Requirement to be configured.
D) A Designation Requirement cannot be configured for a plan with no option.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: B

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