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Oracle 1Z0-1053-23 Valid Braindumps - Oracle Benefits Cloud 2023 Implementation Professional

1Z0-1053-23
  • Exam Code: 1Z0-1053-23
  • Exam Name: Oracle Benefits Cloud 2023 Implementation Professional
  • Updated: May 14, 2025
  • Q & A: 94 Questions and Answers
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Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:

1. A medical plan (not in program) has the Defined Rate frequency set as Monthly and the Communicated Rate frequency set as Per Pay Period. The pay period is defined as bi-weekly.
The rate has been defined with the calculation method as Flat Amount = 65. The currency defined at the plan is U.S.D. There are 26 payroll periods in the plan''s year period.
What is the communicated rate value?

A) 30
B) 130
C) 40
D) 32.5


2. 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 of the unit measure of "Money".
B) The rate amount "Assign on Enrollment" is enabled for five legal entities.
C) The rate amount is not configured for the employee,s specific legal employer.
D) The rate amount is a variable rate for the employee,s legal employer.


3. What are the different types of open enrollment options available under Scheduled tab in program?

A) Open New Hire Enrollment and Unrestricted New Hire Enrollment
B) Open Enrollment and Open Unrestricted Enrollment
C) Open All and Unrestricted All
D) Open Scheduled and Unrestricted Scheduled


4. The Open life event for a plan was backed out. The benefits administrator reprocessed the Open life event and found the earlier elections us originally enrolled in the plan.
What is the reason for this status?

A) The life event date was different.
B) The life event reinstatement rule was configured.
C) The life event was configured for another date.
D) The life event was not backed out properly.


5. A plan is created for a calendar year from January 1, 2017 and ends on December 31, 2017. The company wants to create an event on the occurrence of life event date.
What will be the life event start date?

A) as of rate start date
B) as of enrollment start date
C) as of coverage start date
D) as of event start date


Solutions:

Question # 1
Answer: D
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: D

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